ABOUT US

SHAREHOLDER INFORMATION

Share Information

Share Listing

China Telecom Corporation Limited’s H shares were listed on The Stock Exchange of Hong Kong Limited on 15 November 2002 and New York Stock Exchange as American Depositary Shares (ADSs) on 14 November 2002. ADSs are issued by The Bank of New York Mellon. Each ADS traded in the United States represents 100 ordinary H shares.

On 6 January 2021 (US Eastern standard time), New York Stock Exchange, following reversal of a similar decision announced on 31 December 2020 (US Eastern standard time), announced that it had determined to commence delisting proceedings of our ADSs to comply with Executive Order 13959 signed by the President of the United States, and thereafter suspended trading in our ADSs on 11 January 2021 (US Eastern standard time). On 20 January 2021 (US Eastern standard time), we filed a written request with New York Stock Exchange for a review of its determination. As of the date of this annual report, the review committee of New York Stock Exchange has not made its decision on whether to reverse the delisting determination.

Stock Code

The Stock Exchange of Hong Kong Limited 728
New York Stock Exchange CHA

Share Price Performance

2020 Share Price

HK$ per H Share

US$ per ADS

High

Low

Close

High

Low

Close

3.32

2.01

2.15

41.55

26.66

27.55

Number of issued shares: (as at 31 December 2020) 80,932,368,321
Market capitalisation: (as at 31 December 2020) HK$174.0 billion

Share price performance of China Telecom on The Stock Exchange of Hong Kong Limited versus Hang Seng Index (HSI) and MSCI World Telecom Service Sector Index (MSCI) from IPO on 15 November 2002 to 31 December 2020.

Distribution of Shares and Shareholdings

The share capital of the Company as at 31 December 2020 was RMB80,932,368,321, divided into 80,932,368,321 shares of RMB1.00 each. As at 31 December 2020, the share capital of the Company comprised:

Number of Shares

Percentage of
the Total Number
of Shares
(%)

Total Number of Domestic Shares:

67,054,958,321

82.85

Domestic shares held by:

China Telecommunications Corporation

57,377,053,317

70.89

Guangdong Rising Holdings Group Co., Ltd.

5,614,082,653

6.94

Zhejiang Provincial Financial Development Co., Ltd.

2,137,473,626

2.64

Fujian Investment & Development Group Co., Ltd.

969,317,182

1.20

Jiangsu Guoxin Group Limited

957,031,543

1.18

Total Number of H Shares (including ADSs):

13,877,410,000

17.15

Total

80,932,368,321

100.00

Major Shareholders of H Shares

The following table shows the major shareholders that exercised or controlled the exercise of 5% or above of H shares as at 31 December 2020:

Name of Shareholder

Number of Shares

Percentage of
the Total Number
of H Shares
in Issue
(%)

GIC Private Limited

1,394,433,475

10.05

BlackRock, Inc.

976,141,887

7.03

The Bank of New York Mellon Corporation

955,258,598

6.88

Dividend History

Financial Year

Ex-Dividend Date

Shareholder
Approval Date

Payment Date

Dividend
per Share (HK$)

2002 Final

16 May 2003

20 June 2003

10 July 2003

0.00837*

2003 Final

1 April 2004

3 May 2004

20 May 2004

0.065

2004 Final

21 April 2005

25 May 2005

23 June 2005

0.065

2005 Final

20 April 2006

23 May 2006

15 June 2006

0.075

2006 Final

26 April 2007

29 May 2007

15 June 2007

0.085

2007 Final

28 April 2008

30 May 2008

16 June 2008

0.085

2008 Final

23 April 2009

26 May 2009

30 June 2009

0.085

2009 Final

22 April 2010

25 May 2010

30 June 2010

0.085

2010 Final

18 April 2011

20 May 2011

30 June 2011

0.085

2011 Final

5 June 2012

30 May 2012

20 July 2012

0.085

2012 Final

4 June 2013

29 May 2013

19 July 2013

0.085

2013 Final

4 June 2014

29 May 2014

18 July 2014

0.095

2014 Final

1 June 2015

27 May 2015

17 July 2015

0.095

2015 Final

30 May 2016

25 May 2016

15 July 2016

0.095

2016 Final

26 May 2017

23 May 2017

21 July 2017

0.105

2017 Final

31 May 2018

28 May 2018

27 July 2018

0.115

2018 Final

3 June 2019

29 May 2019

26 July 2019

0.125

2019 Final

1 June 2020

26 May 2020

31 July 2020

0.125

2020 Final

11 May 2021

7 May 2021

1 June 2021

0.125**

* On the basis of HK$0.065 per share, pro-rated based on the number of days the Company’s shares have been listed during the year of 2002.

** The dividend proposal is subject to shareholders’ approval at the Annual General Meeting to be held on 7 May 2021.

Annual Reports

Our annual reports in both English and Chinese are now available through the Internet at https://www.chinatelecom-h.com.

2020 Annual Report Survey

Annual Report is a key communication channel between shareholders and the Company. Last year, we received around 100 questionnaires of “Your Views on Annual Report 2019”. Each of these responses benefited us in enhancing and further improving our annual reports. We are deeply indebted to the respondents for their constructive responses. In accordance with our commitment, we have to contribute HK$50 to a charitable organisation for each questionnaire received. In this regard, we have given a sum of HK$10,000 to the charitable organisation, WWF, in 2020. In addition, we have already implemented the suggestion of allowing shareholders to choose means of receipt and language of corporate communication to enhance environmental protection and cost savings.

We value and are eager to keep hearing your comments on our annual report for our further improvement in the future. It is highly appreciated if you could spare your precious time to complete the questionnaire of “Your Views on Annual Report 2020”, as attached in this annual report, and return it by post or fax to us at +852 2877 0988. You can also fill in the electronic form at our website, https://www.chinatelecom-h.com.

Annual General Meeting

To be held at 11:00 a.m. on 7 May 2021 in Grand Hyatt Hong Kong.

Registered office

Address: 31 Jinrong Street
Xicheng District
Beijing
PRC 100033
Tel: 86 10 5850 1800
Fax: 86 10 6601 0728

Any enquiries relating to the strategic development or operations of China Telecom Corporation Limited, please contact the Investor Relations Department:

Investor Relations Department

Tel: 852 2877 9777
IR Enquiry: 852 2582 0388
Fax: 852 2877 0988
Email: ir@chinatelecom-h.com

Any enquiries relating to your shareholding, for example transfers of shares, change of name or address, loss of share certificates, please contact the H share registrar:

H share registrar

Computershare Hong Kong Investor Services Limited

Address: Shops 1712-1716, 17th Floor
Hopewell Centre
183 Queen’s Road East
Wanchai
Hong Kong
Tel: 852 2862 8555
Fax: 852 2865 0990
Website: www.computershare.com/hk/contact

Any enquiries relating to ADSs, please contact the depositary:

ADS depositary

The Bank of New York Mellon

Address: BNY Mellon Shareowner Services
P.O. Box 505000
Louisville
KY 40233-5000
Tel: 1-866-240-8333 (toll free in USA)
1-201-680-6825 (international)
Email: shrrelations@cpushareownerservices.com