Page 48 - CHINA TELECOMMUNICATIONS CORPORATION LIMITED'S

【Support to Smart Campus Management】
Tongxin County in Wuzhong City of Ningxia Hui Autonomous Region is a poverty-stricken area. The Tongxin Industrial Park under construction focuses
on the development of featured agricultural and sideline product processing, oil and gas, chemical and coal chemical industries. Industry-specific campuses
in the park are segmented and there is urgent need to apply ICTs to improve management and service. In 2019, the Wuzhong Branch took advantage of
its network and cloud computing resources and integrated big data and IoT applications to support the building of an integrated management information
platform. After that, park planning and construction, production safety, environmental monitoring, scheduling and commanding, investment attraction
and routine management could be done in a digitalized, smart manner. By doing so, China Telecom supported the implementation of new development
philosophy and accelerated the transformation and development of regional economy. By the end of the year, 71 enterprises settled in the park, with an
annual output of 4.1 billion yuan.

Modules of Integrated Management Information Platform of Tongxin Industrial Park

Comprehensive Big Data Environment
Data Center Safety Monitoring
Service Portal Analysis Monitoring

Asset Management Smart CPC Team
Video Conference Integrated OA Investor Service
Building

Support to Upgrading of Financial Service Industry

【Promote Financial Inclusion】

China Telecom actively promotes BestPay product series and expands services for public convenience in diverse scenarios such as supermarkets,
catering and entertainment, transportation, e-commerce and payment of utility and communication bills to bring inclusive finance into people's daily
consumption.

In 2019, the Ningxia Branch strengthened collaboration with supermarkets for joint marketing through online and offline sales channels, achieving two-
way customer recruitment across different brands. It also enhanced support to merchants in aggregated payment technology and marketing resources so
that physical stores could provide BestPay financial service. By the end of the year, BestPay pooled together 14,000 merchants with an annual transaction
volume of 194 million yuan, or 20% year-on-year increase.
In 2019, the Xinjiang Branch pooled together online and offline merchants, financial institutions, channel providers, technology providers, data service
providers and other businesses in multiple forms including partnerships, alliances and franchising to promote the development of BestPay ecosystem for
inclusive finance. By the end of the year, the BestPay ecosystem had aligned 62,000 merchants, serving more than 15 million BestPay users with an annual
transaction volume at 1.79 billion yuan, or a year-on-year increase of 60%.

BestPay enables resource sharing between customers of both parties. It's a
convenient, easy and affordable service that are widely recognized by consumers
and is a win-win-win for PetroChina, China Telecom and customers.
--Zhang Liangwen, Xinjiang Branch of China National Petroleum
Corporation

Mobile payment not only changes consumption patterns, but also gradually
transforms business models of various industries.
--Xun Zhijian, Xinjiang Institute of Finance
On January 26, 2019, China Telecom Xinjiang Branch signed a contract with
its BestPay ecosystem partner

46 China Telecom