2. After the mixed reform, the management system of new employees will be updated and the development prospects will be better.

3. After the mixed reform, China Unicom paid more attention to its ability.

4. Core employees will be able to hold shares.

The pilot reform of mixed ownership of China Unicom will adopt a combination of non-public offering and transfer of old shares, and introduce four types of strategic investors who are in the leading position in the industry and have synergistic effects with China Unicom: including large Internet companies, leading companies in vertical industries, powerful industrial groups and financial enterprises, and leading domestic industrial funds, specifically China Life Insurance, Tencent, Baidu, JD.COM, Alibaba, Suning Shang Yun, Guangqi Group, Qianhai Parent Fund and Didi Chuxing.