CHL China Mobile Limited

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

4

Exhibit 1.1

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

ANNOUNCEMENT OF 2021 INTERIM RESULTS

CHAIRMAN’S STATEMENT

Dear Shareholders,

In the first half of 2021, facing a complex and volatile internal and external business environment, China Mobile firmly captured development opportunities brought about by accelerated digital transformation of the economy and society. Upholding our overarching strategy of becoming a world-class enterprise by building a dynamic “Powerhouse”, we put a prime focus on our “4x3” strategic core² to drive our digital-intelligent transformation in an all-round manner. With our all-out efforts to implement the “5G+” plan, promote the comprehensive and integrated development of our CHBN (“Customer”, “Home”, “Business” and “New”) markets and actively explore the blue-ocean digital economy, we continued to make encouraging progress on transformation and upgrade with business performance demonstrating favourable trends in all aspects. We maintained a stable industry-leading position and achieved high-quality development.

2021 Interim results

In the first half of 2021, we recorded operating revenue of RMB443.6 billion, an increase of 13.8% year-on-year. Of this, telecommunications service revenue reached RMB393.2 billion, representing a year-on-year growth rate of 9.8% that outperformed the industry average. With the “Customer” market recording positive growth and the “Home”, “Business” and “New” markets all posting strong performance with rapid double-digit growth, the CHBN revenue structure has been further optimized. Thanks to the fast expansion of smart home application services and DICT (data, information and communications technology) services, revenue contribution from new information service businesses (non-traditional telecommunications services) continued to grow, delivering strong momentum for further development.

We continued to reduce costs and enhance operating efficiency, generating desirable outcomes for our overall performance. Profit attributable to equity shareholders reached RMB59.1 billion, or RMB2.89 per share, up by 6.0% year-on-year. In terms of profitability, we maintained our leading position among top-tier global telecommunications operators. EBITDA totalled RMB162.0 billion, up by 11.2% year-on-year, with an EBITDA margin of 36.5%. EBITDA accounted for 41.2% of telecommunications service revenue, representing a 0.5 percentage points increase year-on-year. Our capital expenditure was RMB86.0 billion and we maintained our free cash flow at a healthy level amounting to RMB75.6 billion, or an increase of 28.0% year-on-year.

To create higher returns for its shareholders and share the results of its operating gains, after giving full consideration to its profitability, cash flow generation and future development needs, the Company has decided to pay HK$1.63 per share for the 2021 interim dividend, representing an increase of 6.5% year-on-year. The Company will strive to achieve favourable growth in full-year dividend per share and continuously create greater value for shareholders.

²Speed up the “three changes”, which means to change our business development from telecommunications services to information services, from the primarily “Customer” (to C) market to all four CHBN markets, and from being resources-driven to being innovation-driven; facilitate the “three trends”, which means to promote online operations, intelligentization and cloudification; reinforce the “three approaches”, which means to set up a scale-based and value-oriented business operating system with an emphasis on business convergence, integration and digitalization; and strengthen the “three forces”, which means to build up an organizational structure incorporating our capabilities, collaboration and vitality to deliver high operating efficiency and synergy across operations.

Advancing the comprehensive and integrated development of CHBN markets, value- oriented operating practices yielding notable results

We harnessed new development opportunities presented to our industry by digital economic growth and expedited the construction of an information “highway” and an operating information “high-speed train” through introducing innovative business practices. Focusing on value-oriented operations that leverage our scale, we continued to drive the comprehensive and integrated development of our CHBN markets. As a result, we achieved encouraging growth in all businesses and continued to increase our customer satisfaction.

“Customer” market: Maintaining scale with value uplift

We adhered to the strategy of integrating data access, applications and customer benefits, continuously leading the upgrade of personal information and communication consumption. We took various measures to precisely manage our customer base, improve both the quality and scale of our 5G business and create a better customer experience. In order to satisfy the personalized demands of our customers, we launched a range of initiatives, including promoting bundled products through diverse customer touch-points, creating a digital supermarket with integrated content and customer benefits, upgrading the differentiated operating models of the three major brands (GoTone, M-zone and Easy Own) and launching targeted marketing services using big data. As of the end of June 2021, the number of mobile customers reached 946 million, a net addition of 3.59 million. Of these, 251 million were 5G package customers, representing a net addition of 86 million. The number of customers with integrated benefit products reached 110 million, representing a net addition of 31.35 million. The number of monthly active users of our cloud product “and-Caiyun” reached 116 million. Mobile ARPU (average revenue per user per month) reached RMB52.2, an increase of 3.8% year-on-year, reversing the downward trajectory seen since 2018. Our DOU (average handset data traffic per user per month) increased by 38.7% to 11.9GB. Revenue from the “Customer” market achieved positive growth, increasing by 0.7% year-on-year to RMB255.5 billion.

“Home” market: Achieving strong growth momentum with increases in scale and revenue

We strived to set up a service suite that combines full-gigabit network connections with cloud-based applications. To foster leadership in broadband services, we improved our service quality by speeding up the upgrade of gigabit broadband and optimizing our end-to-end service and quality management system; to foster leadership in TV services, we enhanced our TV content by strengthening the integrated operation of “big-and-small screen” content and creating a household information service portal consisting of “broadband television”, “digital cinema” and “vertical content”; to foster leadership in smart home services, we strengthened our applications by covering more household service scenarios and boosting the uptake of household applications including smart home network deployment, home security and voice remote controls. In the first half of 2021, with a net addition of 13.39 million, the number of household broadband customers reached 205 million. Of these, our digital set-top box “Mobaihe” registered a total of 154 million customers, accounting for 74.8% of the household broadband customer base. Thanks to the traction created by the upgrade of broadband and the integration of value-added applications, household broadband blended ARPU reached RMB41.1, an increase of 16.2% year-on-year. Revenue from the “Home” market maintained rapid growth, increasing by 33.7% year-on-year to RMB50.1 billion.

“Business” market: Driving revenue growth with strong business momentum

Focusing on key products and industries, we continued to promote the integrated development of network, cloud and DICT. We put emphasis on forging our differentiated advantages in the convergences of cloud and network, cloud and big data, cloud and intelligence, and cloud and edge computing, further strengthened the capability of our cloud-based products and invested in talents in the field of cloud. In doing so, we reinforced our leading position in 5G and were able to create high-quality showcases and put into commercial use our capabilities in the fields of 5G and artificial intelligence (AI), Internet of Things (IoT), cloud computing, big data and edge computing (collectively “AICDE”) to expand our business scale in different vertical industry segments. In the first half of 2021, our corporate customers showed a net addition of 1.69 million, bringing the total to 15.53 million. Revenue from the “Business” market maintained rapid growth, increasing by 32.4% year-on-year to RMB73.1 billion. The revenue from dedicated lines increased by 7.7% year-on-year, totalling RMB13.5 billion. The revenue from DICT reached RMB33.4 billion, representing year-on-year growth of 59.8%. This contributed 3.5 percentage points to the growth of telecommunications service revenue, a rate that was amongst the highest in the industry. Mobile cloud revenue reached RMB9.7 billion, up by 118.1% year-on-year. Of this, the revenue of our public cloud business ranked in the top 10 in the industry. Our IDC business recorded revenue of RMB11.8 billion, an increase    of 27.0% year-on-year. A total of 372,000 IDC cabinets were available for use, representing a net increase of 12,000.

“New” market: Delivering notable results with innovative strategic layout

Drawing on the spirit of innovation, entrepreneurship and originality, we strived to expand the scale of our new businesses and achieved notable results. In the first half of 2021, revenue from the “New” market achieved rapid double-digit growth, increasing by 22.6% year-on- year to RMB14.5 billion. With regard to the international business, we continued to enhance our international operations while deepening synergy between the domestic and international markets, thus maintaining our leading position in certain regional markets overseas. We further optimized the deployment of international resources to drive the high-quality development of the business. In the first half of 2021, our international business revenue reached RMB6.8 billion, representing an increase of 19.5% year-on-year. With regard to equity investment, we further optimized our investment allocation and strategic coordination in “5G+” and key areas of the CHBN markets. By establishing the dual connection of industry and capital, we further expanded our “relative circle” in information services and nurtured the digital-intelligent industry ecosystem. In the first half of 2021, our equity investment income accounted for 11.0% of our net profit. In terms of digital content and FinTech, we have been developing high-quality Internet products in areas such as videos, games, virtual reality (VR) and payment systems to constantly improve our products and enhance user experience. As of the end of June 2021, the number of monthly active users of MIGU Video across all platforms increased by 14.5% year-on-year. The number of customers using video connecting tones approached 190 million while the number of active users of “and-Wallet” increased by 31.5% year-on-year.

We continued to optimize our all-round service system, covering every aspect of services and processes and engaging all staff members. By further enhancing quality management and accelerating the digital-intelligent transformation of our services, we enhanced our overall service delivery and steadily increased customer satisfaction. With the full launch of our “10086” integrated smart-service portal, we have been consistently scaling up the application of smart service tools. We further cultivated a service culture among employees, which won us a reputation for providing heartwarming service to customers.

Integrating 5G into industries and people’s lives to fast-track 5G development

An array of next-generation information technologies, with 5G at the forefront, is increasingly intertwined with today’s economy and people’s livelihood. As the leader in 5G network development, an advocate of 5G integration across sectors and a pioneer in providing 5G services to the public, we have furthered our “5G+” strategy, steadily built out the 5G network and advanced the co-construction and sharing of 5G infrastructure. We have also put in all-out efforts to drive convergence, innovation and the scale application of 5G in the consumer and business markets.

In the first half of 2021, our 5G-related investment totalled RMB50.2 billion. As of the end    of June, we had built and put in use a cumulative 501,000 5G base stations, covering all urban areas of cities at prefecture-level and above, as well as selected counties and key areas in China. Based on the principle of co-construction and sharing to create mutual benefits, we have orderly made progress on the co-building and sharing of the 700MHz network in collaboration with China Broadcasting Network Corporation Limited (“CBN”), completing the centralized procurement of the master unit and antennas of the wireless network on behalf of the partnership. In the area of 5G standard-setting and technological evolution, we consolidated our leadership in R17 standard-setting by taking over 23 more key projects   in the 3rd Generation Partnership Project (3GPP) and the International Telecommunication Union (ITU). To date, we have been leading a cumulative 122 of such projects. In addition, we joined together with more than 20 industry partners to publish the 5G Wireless Evolution White Paper, which defines the future development of R18 and 5G-Advanced standards. Cumulatively, we have applied for more than 3,300 5G patents and owned a standard-related patent pipeline that has put us in the camp of top-tier global operators.

In the “Consumer” market, we focused our efforts on cultivating 5G network customers, with an integrated strategy involving our value propositions such as products, terminals, network access and tariff packages to boost 4G-to-5G switching and effectively increase customer value. The key products that we have added to our offering include ultra-high definition livestreaming based on 5G, 4K and VR technology, 5G ultra-high definition full-screen video connecting tones and cloud-based 5G games. These additions have provided customers with    a liberating network experience. On the terminal front, we mobilized the industry chain to lower the barriers to ownership of 5G handsets and launched our proprietary NZONE handset brand to provide more choice for customers. Our efforts in attracting customers to use the 5G network included multiple experiential marketing and educational initiatives. In terms of tariff packages, we introduced more 5G tariff options and applied big data analytics to precisely target different customer tiers and segments. As of the end of June, our number of 5G network customers reached 127 million, accounting for 13.4% of our customer base. As a result, our mobile ARPU has stabilized and rallied.

In the “Business” market, we endeavoured to make full use of the characteristics of the 5G SA network, being large Internet bandwidth, low latency and massive connections, and assimilated them into latest technologies including AICDE and blockchain. Focusing our efforts on various key sectors including the Industrial Internet, transportation, healthcare and education, we successfully built a range of 5G business showcases. Since the commercialization of 5G, we have built more than 4,000 business use cases across more than 100 key sectors. These showcases helped us gain traction into the first half of 2021 and brought in an additional 100 headquarter-level industry-leading demo projects with key customers from different industries. We continued to proactively drive the scale and value monetization of our 5G business, and   by launching high-quality commercialized projects, we were able to create a sound business model for 5G and convert it into actual business opportunities. Overall, we signed an addition of 900 contracts of provincial-level feature projects, 122 of which were large DICT projects with the contract amount each exceeding RMB10 million, showing a sound testament to the monetization of 5G. We also launched a 5G dedicated network leading program and kicked off an addition of 452 projects in the first half of the year, and the development of our 5G dedicated network products has experienced notable accelerated growth. We continued to build out and upgrade our “9 one platform”, further improving it by completing the research and development (R&D) of 386 core functionalities. In the first half of 2021, we served more than 1,400 customers across various industry vertical sectors, bringing in additional DICT revenue of more than RMB6 billion.

Forging ahead with reforms, innovation and open collaboration while strengthening capabilities

To grasp opportunities arising from the digital economy, we adhered to an approach evolving around digital-intelligent transformation that saw us consolidating our network capabilities, driving innovation and implementing smart operations. We also continued to strengthen partnerships along the industrial chain to achieve collaborative success. By making more breakthroughs in systematic reforms, we are relentlessly reinforcing our capabilities to achieve sustainable development in the future.

Our network capabilities continued to improve. We remained committed to forging our premium networks, consolidating the advantages associated with our unrivalled scale and leading technology. Adhering to the strategy of developing a “digital, intelligent and cloud network” that emphasizes the convergences of cloud and network, and digitization and intelligence, we continued to enhance the level of intelligence in our network. As of the end   of June 2021, we have built a total of 5.28 million base stations, and the urban areas of all cities and counties are now equipped with gigabit broadband. We continued to optimize the infrastructural setting of our international network that comprises our Information Highways (connectivity resources), Information Stations (PoPs) and Information Islands (data centers). The number of cloud computing servers within our network grew to exceed 372,000. We further optimized our “8+X” cloud-based network layout to advance the migration of our network to the cloud. Following the formation of the “N+31+X” mobile cloud networks, we built cloud infrastructure primarily based on our proprietary capabilities. In accordance with our “one-cloud-multiple-centers” resource strategy, we strived to create smart and highly efficient premium IT cloud infrastructure. Meanwhile, by promoting the application of SDN (software-defined networking) technology to transmission networks, optimizing inter-cloud network architecture and enriching cloud gateways, we built up end-to-end capacity with cloud-network synergy.

Our innovation continued to pick up speed. We created a 5G dedicated network technology system with more than 30 core functionalities, powering more than 10 solutions including network slicing, edge computing and super uplink, as well as the development of R16 feature capabilities. This system helped push for the speedy integration of 5G technology into different sectors. We accelerated the evolution and breakthrough of a range of transmission technology standards including SPN (Slicing Packet Network), OTN (Optical Transport Network), and a full-gigabit optical access network. Our Jiutian AI platform capability kept improving, as did the training speed of our deep-learning platform, which came to occupy an industry-leading position. Our self-developed blockchain platform also came into operation. Additionally, we set up an innovation center dedicated to the information and communications chip sector. Fostering joint initiatives in areas including chip technology, R&D, testing, application, ecosystem support, the center will help enhance collaboration and capabilities within the industry chain. Building on the super-SIM solution, we focused our efforts on the two basic applications of digital identity and digital Renminbi. Digital identity has been applied in scenarios such as cultural tourism and visitor identification, while digital Renminbi pilot programs have yielded positive preliminary results. We have been contributing to the integration of super SIM into China’s digital infrastructure, turning it into a medium for new digital assets.

Our smart operations have seen significant improvements. We have preliminarily built out a smart mid-end platform to form an AaaS (Ability as a Service) system with the characteristics of telecommunications operators that combines business, data and technology. The mid-end platform highlights the salient features of China Mobile, combining information technology and essential data resources and giving rise to a strong foundation that supports innovation. In terms of enabling functionalities, we proactively built out the mid-end platform’s capabilities to support various business scenarios, in order to deepen integration between business, management and information technology. These capabilities include applications in various areas such as network quality inspection, precision customer service and marketing, optimization of end-to-end processes and line management of roles and responsibilities. The capabilities have been deployed, on average, nearly 7 billion times each month. We also launched a China Mobile smart mid-end platform gateway and branding, and joined hands with high-quality partners to explore new commercial scenarios in which to apply the capabilities.

Our partnership network expanded. We proactively built extensive networks and deepened our strategic partnerships with local governments, enterprises and public institutions. We initiated cross-sector cooperation on information services, making use of the complementary strengths of different sectors to drive social and economic development. We advanced the “5G+ Blooming Action” campaign, put forward a “100 billion” industry stimulus plan and upgraded the “Joint Innovation Plus” scheme to step up efforts to develop the “relative circle” and our “partnership network”. We launched the “Yunshang Yidong”, “Wutong Yinfeng” and “Jiutian Lanyue” programs to share data services and capabilities in order to promote cooperation and help traditional sectors with digital-intelligent upgrading. We formed the Research Institute for the Future and the China Mobile Fellows Workstation, and set up a joint fund with the National Natural Science Foundation of China with a view to encouraging enterprise innovation. We also took steps to carry out research on next-generation information and communications technologies including 6G. We joined forces with renowned higher education institutions, science and research institutions and leading industry players to establish a joint research institution, so as to make further contributions to the industry, drawing on our groundbreaking and top-notch innovation.

Our system reforms deepened. With the goal of establishing China Mobile as a world-class model enterprise, we systemically furthered reforms to key areas such as governance, staff deployment and incentive mechanisms, in order to build new momentum toward the high- quality development of our organization. We have furthered the national reform program that drives selected Chinese technology companies to implement market-oriented reforms. Through two of our subsidiaries that specialize in IoT and cloud technology, we have also been striving for new breakthroughs in terms of corporate governance, market-based recruitment and appointment, reinforcing incentive and restraint mechanisms and stimulating momentum in technological innovation. We implemented a three-pronged mechanism to encourage and foster technological innovation for the organization, individuals and projects. New mechanisms that we have put in place include appointing managers for innovative products and setting up designated zones for science and technology innovation. We also made continuous efforts to build up our “T-H-T” (Ten-Hundred-Thousand) technical expert system, bringing into full play our leading industry expertise to stimulate creativity. We continued to unleash the vitality of innovation and entrepreneurship and drive reforms related to the market, corporate business, networks, online marketing services and other areas. The strategy of allowing the headquarters to set strategies, regional companies to drive market development and specialized teams to enhance competence has proven effective in generating synergies across the board. Initiatives to deepen reforms on grid operations have included the management checklist mechanism that sets clear assessment and authorization procedures and criteria, reducing the workload of frontline grid operations while boosting efficiency.

Corporate governance and sustainable development

We always uphold the principles of integrity, transparency, openness and efficiency, and fully comply with all applicable listing rules to ensure sound corporate governance. We pursued policies to maintain diversity in the composition of our board of directors and strove to further improve our corporate governance and decision-making mechanism. By consistently adhering to the corporate compliance principles of “strictly observing laws, duly respecting rules, fulfilling commitments and upholding integrity”, we continue to improve our compliance management ability. We are also committed to enhancing our ability to detect risk and exercise effective risk control. We have further strengthened our supervision over key businesses, projects and issues to ensure sound operations.

Meanwhile, we attach great importance to our sustainable development. We are committed to achieving this goal by creating greater good for the wider community with the utmost sincerity. Guided by a mission of serving the big picture of national and social development and meeting people’s needs for a better life, we have fully implemented our corporate responsibility and continued to shoulder our due responsibility to make contributions in the areas of digital-intelligent transformation, rural revitalization, peak carbon emissions and carbon neutrality, and disaster relief and rescue missions. We have formulated a rural revitalization plan with the aims of building digital-intelligent villages and consolidating the results of poverty eradication in these areas. We have provided intelligent technologies and capabilities to facilitate the modernization of the agricultural industry and villages, and endeavored to offer support for the full revitalization of rural areas. We have also unveiled White Paper on “C² Three Energy-China Mobile Carbon Peak Carbon Neutrality Action Plan”. Our objectives are to save energy in operations through technological innovation, raise the proportion of clean energy and bring into play operational advantages to energize the empowerment of helping to reduce carbon emissions.

Applying for the RMB shares issue

In order to grasp the window of opportunity to develop the information services market, promote the implementation of the strategy of becoming a world-class enterprise by building a dynamic “Powerhouse”, advance digital-intelligent transformation, cultivate a digital- intelligent ecosystem with new vitality and build new momentum toward high-quality development, the Company proposed to apply for RMB share issue on the Main Board of the Shanghai Stock Exchange. On 17 May 2021, the Board approved the proposal, which was subsequently approved by our shareholders on 9 June 2021 at an extraordinary general meeting. Other related work is in progress and will be implemented upon approvals from the relevant regulatory authorities in accordance with relevant procedures.

It is proposed to use the proceeds from the RMB share issue in projects related to new infrastructure, new resource factors and new momentum, advancing digital-intelligent transformation and cultivating a digital-intelligent ecosystem with new vitality. Specifically, the proceeds will be used in the following projects: the development of premium 5G networks, the development of new infrastructure for cloud resources, the development of gigabit broadband and smart home, the development of the smart mid-end platform, R&D for next- generation information technologies and the development of a digital-intelligent ecosystem.

Outlook

At present, a new wave of technological revolution and industry transformation characterized by digital, network and intelligent features has emerged, and the digital economy has become the major driving force of growth. With 5G at the forefront, a new generation of information technology is integrating into the economy, society and people’s livelihood at an accelerated pace, giving rise to new sectors, new models and new products. An enormous “blue-ocean” of business opportunities is taking shape. It is expected that, the contribution of digital economy to China’s GDP will increase from 38.6% in 2020 to more than 50%3 in 2025. Revenue from China’s information service sector will grow from RMB10.8 trillion in 2020 to more than RMB20 trillion3 in 2025. That will translate into tremendous opportunities for our digital- intelligent transformation.

Looking ahead, we will adhere to the strategy of becoming a world-class enterprise by building a dynamic “Powerhouse”, following the path of digital-intelligent transformation to strive for high-quality growth. We will develop innovative digital-intelligent products and promote the extension of our product offerings from the realm of telecommunications services to that of information services. We will strengthen our digital-intelligent networks and build up a network system that is characterized by the convergence of cloud and network, as well   as by a high level of automation and intelligence. We will establish a digital-intelligent mid- end platform to support innovation and a digital-intelligent organization equipped with sound systems and talented teams to satisfy the needs of our digital-intelligent transformation. In addition, we will nurture a digital-intelligent ecosystem and proactively create a digital- intelligent cluster to bring together different forces and unlock the potential of the digital space on a broader scale and at a deeper level. With our all-out efforts in the five areas above, we will make every endeavor to develop our second curve of growth and create new growth drivers in the process of promoting the digital-intelligent transformation of the economy and society, thus generating greater value for our shareholders and customers.

Acknowledgement

Finally, on behalf of the Board, I would like to take this opportunity to express my heartfelt gratitude for the support of our shareholders, customers and the general public, and for the dedication and contribution of our employees.

Yang Jie

Chairman

Hong Kong, 12 August 2021

³Data sources: MIIT and CAICT

GROUP RESULTS

China Mobile Limited (the “Company”) is pleased to announce the unaudited consolidated results of the Company and its subsidiaries (the “Group”) for the six months ended 30 June 2021.

Unaudited CONdensed consolidated STATEMENT OF COMPREHENSIVE INCOME

for the six months ended 30 June 2021

(Expressed in Renminbi (“RMB”))

unaudited condensed CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (continued)

for the six months ended 30 June 2021

(Expressed in RMB)

Details of dividends to the equity shareholders of the Company are set out in note 10.

unaudited condensed CONSOLIDATED BALANCE SHEET (continued)

as at 30 June 2021

(Expressed in RMB)

NOTES:

(Expressed in RMB unless otherwise indicated)