China Mobile Announces the Reform of Corporate System and Ends Ownership Change of State-owned Enterprises

On December 25th, China Mobile officially announced the announcement of “China Mobile Communications Corporation Completes Corporate System Reform”. According to the announcement, the type of China Mobile Communications Group has been changed from a state-owned system to a state-owned enterprise.

According to the announcement, in accordance with the state's requirements for the restructuring of the central enterprises, the China Mobile Communications Corporation has undergone a restructuring of the company system with the approval of the State-owned Assets Supervision and Administration Commission of the State Council. The registration of industrial and commercial changes has been completed in the near future.

It is reported that the type of enterprise of China Mobile Communications Corporation has been changed from a state-owned enterprise to a state-owned company. The name of the company was changed from "China Mobile Communications Group Corporation" to "China Mobile Communications Group Co., Ltd.", and the English name was changed from "China Mobile CommunicaTIons CorporaTIon" to "China Mobile CommunicaTIons Group Co., Ltd."

The following is the full text of the announcement:

China Mobile announces the end of the corporate restructuring. The ownership of the whole country changes the state-owned enterprise

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