China Mobile's 2025 dividend exceeds 100 billion yuan, with 5,940 employees laid off; CFO Li Ronghua, aged 60, receives a salary increase

Ruifinance Wang Min On March 26, China Mobile (SH:600941) released its 2025 annual report, achieving revenue growth without profit increase.

In 2025, China Mobile’s operating revenue reached 1.05 trillion yuan, an increase of 0.9% year-on-year; the net profit attributable to shareholders of the parent company was 137.095 billion yuan, a decrease of 0.9% year-on-year; the net profit attributable to shareholders of the parent company, excluding non-recurring gains and losses, was 127.961 billion yuan, an increase of 4.3% year-on-year.

The board of directors recommended a final dividend of HKD 2.52 per share to all shareholders for the year ending December 31, 2025. Together with the interim dividend already distributed, the total dividend for 2025 amounts to HKD 5.27 per share, an increase of 3.5% year-on-year. The full-year dividend payout ratio for 2025 is 75%.

Specifically, the proposed final dividend for 2025 is approximately 49.266 billion yuan, with a total proposed dividend distribution of approximately 103.532 billion yuan for the year.

As of December 31, 2025, the total number of employees in the company reached 461,345, a decrease of 5,940 from 455,405 at the end of 2024.

Ruifinance noted that China Mobile’s vice president Li Ronghua also serves as the chief financial officer and has just turned 60. His salary for 2025 is 803,000 yuan, an increase of 2%.

Li Ronghua was born in March 1966 and holds a bachelor’s degree in accounting from Central South University of Finance and Economics (now Central South University of Finance and Law) and an MBA from Wuhan University. He is an executive director and chief financial officer of China Mobile, having joined the board of directors in October 2020, overseeing the company’s finance, internal audit, and securities affairs, and has been a member of the company’s sustainability committee since January 1, 2024.

Li Ronghua currently also serves as the chief accountant of China Mobile Group, and as a director and deputy general manager of China Mobile Communications.

Li Ronghua has previously served as deputy director of the Finance Department and director of the Finance and Assets Department of State Grid Corporation of China, deputy chief accountant of State Grid Corporation of China, director, general manager, and chairman of State Grid Overseas Investment Co., Ltd. (Hong Kong), and chairman of State Grid Yingda International Holdings Group Co., Ltd.

Li Ronghua served as the head of the preparation team for State Grid Yingda Co., Ltd. (listed in Shanghai) from December 2019 to March 2020, and was chairman of State Grid Yingda Co., Ltd. from March 2020 to September 2020.

Related company: China Mobile sh600941