China Telecommunications Corporation (China Telecom) was established on May 17, 2000, with a total registered capital of RMB 220.4 billion. At present, the size of the Company’s total assets exceed RMB 600 billion, with an annual revenue level of more than RMB 380 billion. As one of the three leading telecom operators in China, China Telecom ranked 182nd in the 2013 Fortune 500 Companies, and was selected as one of the Most Admired Asian Companies as well as the one of the Best Asia Companies in terms of Corporate Governance by many international esteemed institutes for consecutive years. As an integrated information service provider, China Telecom provides integrated information service solutions including mobile services, broadband Internet access, information service applications and fixed-line telephone services.