China Netcom's homepage has been changed to the China Unicom logo.

Today, China Netcom officially delisted, replaced by the establishment of China United Network Communications Company Limited.

According to the schedule of the telecom restructuring process, the new Unicom will be officially established today. The new company is named "China United Network Communications Company Limited." At the same time, the name of China Unicom's Hong Kong-listed company will change from "China United Telecommunications Corporation Limited" to "China United Network Communications (Hong Kong) Corporation Limited."

China Unicom and China Netcom jointly announced yesterday evening (September 14) that the Hong Kong High Court had approved their merger plan, with the merger transaction taking effect on September 15. This also signifies that China Netcom will formally delist from the Hong Kong Stock Exchange.

Meanwhile, China Netcom's listing status on the New York Stock Exchange in the US will also be revoked, officially taking effect at 9:30 AM New York time on September 15.

It is understood that in this new round of telecom restructuring, China Unicom will split its CDMA network and assets, merging with China Netcom to become "China United Network Communications (Hong Kong) Corporation Limited." Chang Xiaobing will serve as the chairman and CEO of the new company, with other management members mainly drawn from the current senior executives of China Unicom and China Netcom.

China Unicom's H-shares rose by 8.08% yesterday, closing at HKD 12.04.