Who founded China Telecom Group Company? Or China Telecom Group Co., Ltd., whose share is the largest?

To be clear, China Telecom Group Company and China Telecom Co., Ltd. are not the same thing, and there is no "China Telecom Group Company".

China Telecom Group Co., Ltd. is the controlling shareholder of China Telecom Co., Ltd. China Telecom Group Co., Ltd. is not a listed company, but an enterprise group directly under the State-owned Assets Supervision and Administration Commission of the State Council. All assets are owned by the state, which is authorized by the State-owned Assets Supervision and Administration Commission of the State Council to conduct overall management on behalf of the state. China Telecom Co., Ltd. is a joint-stock company listed overseas, and its controlling shareholder is China Telecom Group Company.