China Mobile Invested Over 180 Billion to Build 5G+ Capital Ecosystem

Updated:2019/11/15 22:02

China Mobile has invested in more than 40 projects worth over 180 billion yuan to build a 5G+ capital ecosystem, said Yuan Lihua, deputy general manager of China Mobile Investment Co., Ltd.

The 180-billion-yuan investment consists of about 136 billion yuan of direct investment, about 35 billion yuan of fund, and about 9 billion yuan of convertible bond.

In order to promote the quality and speed of equity investment development, China Mobile formally established an investment company at the end of 2016. Through "Direct investment + fund" mode, China Mobile carried out equity investment comprehensively.

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