On August 11, China Tower released its performance in the first half of 2020. According to the financial report, in the first half of this year, China Tower’s revenue was 39.794 billion yuan, up 4.8% over the same period of last year; the net profit attributable to shareholders of the company was 2.978 billion yuan, up 16.9% year on year. Among them, the tower business achieved an income of 36.371 billion yuan, a year-on-year increase of 1.6%; the room business revenue of 1.72 billion yuan, a year-on-year increase of 37.2%. < p > < p > at the performance conference this afternoon, China Tower disclosed the latest progress of 5g construction. Tong Jilu, chairman of China Tower, said that by the end of June this year, 593000 5g infrastructure construction needs had been undertaken. “Operators hope to deliver 350000 by the end of June, and we have already delivered 380000. At present, the overall construction demand and 5g construction are in normal progress. In the future, we will continue to do a good job of 5g construction requirements proposed by operators in accordance with the guidance of the national new infrastructure policy. ” < / P > < p > according to the data disclosed by China Tower, from January to June this year, the company completed 215000 5g construction projects, with a delivery demand completion rate of 108%, and 97% was solved through existing resource sharing. The company pointed out that by the end of June, most municipal governments had clearly opened up public resources, simplified approval procedures, included 5g construction in the government’s supervision, and obtained more than 75 preferential policies for electricity charges with operators. With the help of policy, the problems of difficult site selection, difficult access and high cost are solved, and the industry cost is effectively reduced. In the first half of this year, China’s Tower capital expenditure was 14.302 billion yuan. At the 2019 performance conference held in March, China Tower said that the initial planned capital expenditure in 2020 was 28 billion yuan, roughly equal to 27.1 billion yuan in 2019. Among them, about 17 billion will be used for 5g investment. When asked on August 11 whether there will be additional capital expenditure in the second half of the year, Gao Chunlei, chief accountant of China Tower, said that according to the company’s overall budget, the level of capital expenditure in the second half of the year is comparable to that in the first half of the year. < p > < p > as a new entrant of the communication industry, the actions of radio and television have also attracted much attention. After China Telecom and China Unicom jointly build and share 5g network, China Mobile also announced to jointly build and share 5g network with China Radio and television. How much impact does 5g co construction and sharing bring to China’s tower performance? In response, Tong Jilu said that co construction and sharing can promote the industry to reduce costs and increase efficiency, and the joint construction and sharing of China Telecom and China Unicom is good for the market, “we both pay attention to and support. The number of 5g networks jointly built by power companies will definitely increase than that of any single one in the past. ” As for the cooperative construction of 5g by radio, TV and mobile, Tong Jilu said that at present, there is no way of cooperation between the two sides. “At present, we have not received much demand for radio and television and mobile construction, and we will pay close attention to it in the next step. The 700m frequency owned by radio and television really belongs to a golden band, which is more suitable for wide coverage and has certain advantages. We are also paying close attention to it. ” < / P > < p > according to the data disclosed by China Tower, by the end of June 2020, the number of tower type stations (excluding rooms) in China was 2.015 million, a cumulative net increase of 21000 compared with the end of last year; the number of tower type tenants was 3.124 million, an increase of 61000 compared with the end of last year; the average number of tower type station tenants increased from 1.62 at the end of 2019 to 1.64, and the overall sharing level was constantly improved.