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CITIC Telecom was Recognised as “The 11th Top 100 Hong Kong-Listed Companies - Top 50 Small Cap Enterprises”

CITIC Telecom Press Release

2024-11-15 Download PDF

CITIC Telecom was Recognised as
The 11th Top 100 Hong Kong-Listed Companies -
Top 50 Small Cap Enterprises

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15 November 2024, Hong Kong — CITIC Telecom International Holdings Limited (“CITIC Telecom” or the “Group”; stock code: 1883), a leading multinational internet-oriented telecommunication services enterprise in the Asia-Pacific, was recognised as the “The 11th Top 100 Hong Kong-Listed Companies - Top 50 Small Cap Enterprises”.

Over the years, CITIC Telecom has consistently adhered to promoting corporate high-quality development to create better investment returns for shareholders and other stakeholders. In light of the continuing severe and complex international economic environment in 2024, the Group deepened its strategic positioning ofWith the backing of the Mainland, Setting a foothold in Hong Kong and Macau, and Connecting to the World”, while advancing corporate “Transformation and Development, Reform and Innovation”. Looking ahead, the Group will continue to emphasise its technological leadership and global development, uphold fundamental principles and break new ground, courageously explore and create new opportunities, and persist in developing new products, new markets and new customers. The Group would like to express herein its heartfelt gratitude to shareholders, investors, and media friends for their ongoing support!

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Jointly initiated by Tencent Website (qq.com) and Finet in 2012, the “Top 100 Hong Kong-Listed Companies” ranking aims to become an authoritative and credible reference for the investment community. Using big data and a series of scientific assessment criteria, and observing the principles of professionalism, objectivity, impartiality and accuracy, the annual selection identifies outstanding Hong Kong-listed companies with the help of an impartial judging panel and an expert advisory team employing in-depth analysis and a fair, unbiased and credible selection mechanism. By recognising companies listed on the Main Board of The Hong Kong Stock Exchange, which boast sound business development and investment value, it hopes to help promote the healthy and prosperous development of the Hong Kong capital market. On top of having academic support from local tertiary institutions in the selection process, the list of finalists decided by the judging panel is reviewed and approved by an expert panel comprising professionals from the finance, accounting and legal sectors in Chinese mainland and Hong Kong. Thus, the accuracy and objectivity of the selection results are well recognised and trusted by professional institutions and investors.

For further details, please visit: https://www.top100hk.com/

About CITIC Telecom International Holdings Limited (stock code: 1883)

CITIC Telecom International Holdings Limited was established in 1997 in Hong Kong, and it was listed on The Stock Exchange of Hong Kong Limited on 3 April 2007. As one of the largest international telecommunications hubs in Asia Pacific, the Group provides full-scale international telecommunications services to carrier clients around the globe, and integrated enterprise services in Southeast Asia through its wholly-owned subsidiary Acclivis Technologies and Solutions Pte. Ltd. CITIC Telecom International CPC Limited (“CPC”), the Group’s other wholly-owned subsidiary, provides end-to-end information and communications technology solutions to international corporate clients and business clients. CPC is one of the most trusted partners of these clients in the Asia-Pacific region and provides a full range of ICT services to major enterprises and multinational corporate clients in Chinese mainland through its subsidiary, China Enterprise ICT Solutions Limited. The Group holds 99% equity interest in Companhia de Telecomunicações de Macau, S.A.R.L. (“CTM”). CTM is one of the leading integrated telecommunications services providers in Macau, and is the only full telecommunications services and ICT services provider in Macau. With a leading position in the market, CTM plays an important role in the ongoing development of Macau. The Group has established branch organisations in 22 countries and regions, with more than 2,500 staff and nearly 170 PoPs, and business serving 160 countries and regions, connecting to over 600 operators globally, and serving around 3,000 multinational corporations and 40,000 local companies around the globe. CITIC Group Corporation, a large multinational conglomerate headquartered in the People’s Republic of China, is the ultimate holding company of CITIC Telecom.

For more information, please visit: www.citictel.com.

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