Hong Kong, 3^rd July 2025 – CITIC Telecom International Holdings Limited (“CITIC Telecom” or the “Group”; stock code: 1883), a leading multinational internet-oriented telecommunications services enterprise in the Asia Pacific, recently participated in the series of activities of the third Guangdong-Hong Kong-Macao Greater Bay Area International Data Trading Week organized by Shenzhen Data Exchange (“Shenzhen Data Exchange”). The Group signed a strategic agreement on cross-border data with the Shenzhen Data Exchange during the ceremony, to build a market structure with “cross-border infrastructure as the support and data products as the breakthrough point” to provide data support for the integration of science and technology innovation between Shenzhen and Hong Kong. This agreement marks the transition of the cross-border circulation of data elements in the Greater Bay Area from mechanism exploration to practical implementation, and will further build a cross-border data service system of “technology + scenario + ecology”.

CITIC Telecom is committed to enabling the circulation of data elements and helping enterprises to expand their global presence through technological innovation and ecological cooperation. We actively implement three major practices for the circulation of data elements: 1. Build infrastructure and consolidate the foundation of data flow; 2. Promote data assets and release the value of factors; 3. Build an ecosystem together to safeguard global development. We have created several core platforms, such as the “Cross-border Mobile Communication Service Platform”, the “Global Traffic Trading Platform “DataMall自由行”, through techniques in combination and encapsulation, we support efficient cross-border data flow. By leveraging on our self-developed “data asset service technology platform”, we help enterprises improve their operational efficiency. In Southeast Asia, we provide enterprises with one-stop ICT services for “going global” through local teams, reducing the risks of cross-border data flows.

In the future, CITIC Telecom will continue to work with Shenzhen Data Exchange to actively participate in cross-border markets and ecosystems, focus on the reform of market-oriented allocation of data elements, cultivate new quality productive forces, foster the Greater Bay Area to build a digital economy with global competitiveness, and contribute “Bay Area power” to the construction of Digital China.

The third Guangdong-Hong Kong-Macao Greater Bay Area International Data Trading Week series of activities is themed “Gathering Data in the Bay Area, Starting a New Journey with Intelligence”, focusing on the cutting-edge trends in data trading. Under the business guidance of Shenzhen Municipal Government Services and Data Management Bureau, Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone Management Bureau, and Hetao Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone Shenzhen Park Development Bureau, it brings together the forces of government, industry, academia and research to carry out a series of activities around topics such as data elements empowering the real economy, exploring public data application scenarios and cross-border data.