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ZTE Corp (000063.SZ)

000063.SZ on Shenzhen Stock Exchange

37.05CNY
24 Jan 2018
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Latest Key Developments (Source: Significant Developments)

Netas signs 3 cooperation protocols with ZTE Corporation
Wednesday, 29 Nov 2017 09:21am EST 

Nov 29 (Reuters) - NETAS TELEKOMUNIKASYON ::SIGNS THREE COOPERATION PROTOCOLS WITH ZTE CORPORATION .TO JOINTLY OPEN GSM-R CENTER OF EXCELLENCE TO CONDUCT R&D WORK ABOUT WIRELESS BROADBAND COMMUNICATION FOR RAILWAYS .TO PROVIDE MAINTENANCE AND SUPPORT SERVICES FOR ZTE PRODUCTS IN EUROPE, MIDDLE EAST AND AFRICA .TO PROVIDE ALL PRODUCT AND SERVICE TRAININGS TO CUSTOMERS AND EMPLOYEES OF ZTE IN EUROPE, MIDDLE EAST, AFRICA AND CENTRAL ASIA THROUGH NETAS ACADEMY .  Full Article

ZTE's net profits up in Q3 and Jan-Sept, to issue commercial paper and medium-term notes
Thursday, 26 Oct 2017 05:00am EDT 

Oct 26 (Reuters) - ZTE Corp <000063.SZ><0763.HK>:Says Q3 net profit up 47.3 percent y/y.Says 9-month net profit up 36.6 percent y/y.Says it plans to issue up to 8.0 billion yuan ($1.21 billion) commercial paper.Says it plans to issue up to 3.5 billion yuan medium-term notes.  Full Article

ZTE unit acquires 48 pct stake in NETAŞ TELEKOMÜNİKASYON A.Ş. for $101.3 mln
Wednesday, 18 Oct 2017 10:57pm EDT 

Oct 19 (Reuters) - ZTE Corp <000063.SZ>:Says its unit, ZTE Cooperatief U.A., acquired 48 percent stake in a listed turkish company, NETAŞ TELEKOMÜNİKASYON A.Ş. for $101.3 million .  Full Article

ZTE's 9-month preliminary net profit up 36.6 pct, sees 2017 net profit up sharply
Wednesday, 18 Oct 2017 04:47am EDT 

Oct 18 (Reuters) - ZTE Corp <0763.HK>, <000063.SZ>:Says prelim 9-month net profit up 36.6 percent y/y.Says prelim 9-month net profit rises to 3.9 billion yuan ($589.09 million) from 2.9 billion yuan year ago.Says it expects 2017 net profit to rise 282.44-303.65 percent y/y to 4.3-4.8 billion yuan.  Full Article

ZTE updates on joint tendering entity to bid for Wenzhou public security communications project​
Friday, 29 Sep 2017 05:57am EDT 

Sept 29 (Reuters) - Zte Corp <000063.SZ>::Co and unit proposed to form a joint tendering entity to bid for Wenzhou Public Security Communications project​.Co and ZTE Wenzhou to provide public security communications systems integration and equipment procurement services to Wenzhou Xingfu Railway Corp​.Proposed to provide guarantee by way of performance bond amounting to not more than rmb3.30 million for the project ​.  Full Article

ZTE Corp elects Shao Weilin as executive vice president and CFO
Friday, 29 Sep 2017 05:54am EDT 

Sept 29 (Reuters) - ZTE Corp <0763.HK>:Announcement of change of executive vice president and chief financial officer and re-designation of director.‍wei Zaisheng has tendered his resignation from position of executive vice president and chief financial officer​.‍wei Zaisheng's position as executive director of company will also be re-designated as non-executive director​.Shao Weilin was elected executive vice president and CFO.  Full Article

ZTE's H1 net profit up 29.8 pct y/y
Thursday, 24 Aug 2017 05:05am EDT 

Aug 24 (Reuters) - ZTE Corp 000063<0763.HK>:Says H1 net profit up 29.8 percent y/y.  Full Article

ZTE to sell 10.1 pct stake in Nubia for 727 mln yuan
Thursday, 27 Jul 2017 08:05am EDT 

July 27 (Reuters) - ZTE Corp <000063.SZ><0763.HK>:Says it signs agreement to sell 10.1 percent stake in Nubia for 727.2 million yuan ($107.93 million).Says it owns 49.9 percent stake in Nubia after transaction.  Full Article

ZTE's preliminary H1 net profit up 29.9 pct y/y at 2.3 bln yuan
Wednesday, 19 Jul 2017 04:46am EDT 

July 19 (Reuters) - ZTE Corp <000063.SZ><0763.HK>:Says prelim H1 net profit up 29.9 percent y/y at 2.3 billion yuan ($340.52 million).  Full Article

Alibaba said in talks to buy ZTE's software arm for cloud unit - Bloomberg
Wednesday, 28 Jun 2017 04:21am EDT 

June 28 (Reuters) - :Alibaba said in talks to buy ZTE's software arm for cloud unit - Bloomberg.Alibaba could pay between 2 billion yuan ($294 million) and 3 billion yuan for a division - Bloomberg, citing a source.  Full Article

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Huawei, ZTE cut lobbying spending but find other ways to spread influence

WASHINGTON Chinese telecommunications equipment companies Huawei [HWT.UL] and ZTE, which face strong political headwinds in the United States, sharply cut lobbying expenditures last year, according to fourth-quarter spending disclosures.