香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整 性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚賴該等內容而 引致的任何損失承擔任何責任。 （股份代號：00763） 須予披露交易 認購理財產品 認購理財產品 本公司第九屆董事會第二十三次會議及二零二三年度股東大會審議通過《二零二四年度擬使用自有 資金進行委託理財的議案》，同意授權本集團 2024 年度使用自有資金在銀行、證券公司、基金公司 等金融機構購買安全性高、流動性好、中低風險的理財產品，資金總額不超過 200 億元人民幣，在 此額度內可滾動使用，期限內任一時點的交易金額不超過上述投資額度，授權有效期自本公司二零 二三年度股東大會審議通過之日起至二零二四年度股東大會召開之日止。 茲提述本公司於 2024 年 9 月 9 日發佈的《須予披露交易-認購理財產品》，於 2024 年 5 月 9 日至 2024 年 9 月 9 日期間，本公司共認購 9 筆廣發銀行理財產品，認購金額合計為 61 億元人民幣。 於 2024 年 9 月 26 日至 2025 年 2 月 21 日期間（"相關期間"） ...

证券代码（A/H）：000063/00763 证券简称(A/H)：中兴通讯 公告编号：202504 中兴通讯股份有限公司 关于按照《香港上市规则》公布 （於中華人民共和國註冊成立的股份有限公司） （股份代號：763） 董事會會議通告 中兴通讯股份有限公司根据《香港联合交易所有限公司证券上市规则》（简 称"《香港上市规则》"）规定，在香港联合交易所有限公司披露易网站 （www.hkexnews.hk）刊登了董事会会议通告。 根据《深圳证券交易所股票上市规则》关于境内外同步披露的要求，特将有 关公告同步披露如下，供参阅。 特此公告。 中兴通讯股份有限公司董事会 2025 年 2 月 19 日 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚 賴該等內容而引致之任何損失承擔任何責任。 ZTE CORPORATION 中興通訊股份有限公司 董事会会议通告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假记载、误 导性陈述或重大遗漏。 本公司及董事會全體成員保證信息披露的內容真實、準確 ...

（股份代號：763） 董事會會議通告 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚 賴該等內容而引致之任何損失承擔任何責任。 ZTE CORPORATION 中興通訊股份有限公司 （於中華人民共和國註冊成立的股份有限公司） 李自學 董事長 深圳，中國 二零二五年二月十八日 於本公告日期，本公司董事會包括三位執行董事：李自學、徐子陽、顧軍營；三位非執行董 事：方榕、諸為民、張洪；以及三位獨立非執行董事：莊堅勝、王清剛、徐奇鵬。 本公司及董事會全體成員保證信息披露的內容真實、準確和完整，沒有虛假記載、誤導性陳述或重大遺 漏。 中興通訊股份有限公司（「本公司」）董事會（「董事會」）謹此宣佈，董事會會議 將於二零二五年二月二十八日（星期五）在中華人民共和國（「中國」）廣東省深圳 市南山區高新技術産業園科技南路中興通訊大厦舉行，藉以（其中包括）批准本公司 及其附屬公司截至二零二四年十二月三十一日止年度業績及其發布，幷考慮利潤分配 方案之建議（如有）。 承董事會命 ...

证券代码（A/H）：000063/00763 证券简称(A/H)：中兴通讯 公告编号：202503 中兴通讯股份有限公司 关于按照《香港上市规则》公布 须予披露交易-认购理财产品的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假记载、误导性陈述或重大 遗漏。 中兴通讯股份有限公司根据《香港联合交易所有限公司证券上市规则》（简称"《香港上 市规则》"）规定，在香港联合交易所有限公司披露易网站（www.hkexnews.hk）刊登了须予 披露交易-认购理财产品的公告。 根据《深圳证券交易所股票上市规则》关于境内外同步披露的要求，特将有关公告同步披 露如下，供参阅。 特此公告。 中兴通讯股份有限公司董事会 2025 年 2 月 11 日 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整 性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚賴該等內容而 引致的任何損失承擔任何責任。 ZTE CORPORATION 中興通訊股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：00763） 須予披露交易 認購理財產品 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整 性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚賴該等內容而 引致的任何損失承擔任何責任。 ZTE CORPORATION 中興通訊股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：00763） 根據香港上市規則第 14.22 條，由於相關期間每次認購理財產品均與相同交易對手進行並為相似性 質的交易，且於 12 個月內完成，該等交易應合併計算，根據適用的百分比率超過 5%但低於 25%時， 將構成須予披露交易。 本公司於相關期間進一步認購 8 筆杭州銀行理財產品，其中認購第 1 筆至第 7 筆（序號 1 至序號 7） 理財產品金額合併計算未構成本公司須予披露交易；2025 年 2 月 10 日，本公司認購第 8 筆（序號 8）杭州銀行理財產品，與前述 7 筆理財產品合併計算時，適用的百分比率超過 5%但低於 25%。本 次新增認購的 8 筆杭州銀行理財產品，與 2024 年 9 月 9 日公告的 6 筆杭州銀行理財產品合併計算 時，適用的百分比率超過 5%但低於 25%。因 ...

Group 1 - ZTE Corporation has received net purchases from southbound funds for three consecutive days, with a cumulative net purchase amount of 603 million HKD, and the stock price has increased by 9.34% [1] - On January 22, the total trading volume of active stocks through the Hong Kong Stock Connect reached 21.949 billion HKD, with a net purchase amount of 1.878 billion HKD [1] - Among the active stocks on January 22, ZTE Corporation had a trading volume of 1.392 billion HKD through the Hong Kong Stock Connect, with a net purchase amount of 313 million HKD [1]

Core Viewpoint - Hebei Iron and Steel Group and China Railway Signal & Communication Corporation are collaborating to establish a smart industrial control base in Northern China, focusing on digital transformation and innovation in the steel industry [1][2]. Group 1 - The strategic cooperation aims to deepen resource integration and jointly build an innovative platform for smart industrial control [1][2]. - The partnership will explore the application of intelligent technology in the steel industry, promoting digital transformation standards and innovation demonstrations [2]. Group 2 - The collaboration will leverage the strengths of both companies to create a digital and intelligent industrial system, focusing on the steel industry and aiming to establish a high ground for industrial innovation [2]. - The initiative is positioned to enhance production capabilities and market competitiveness in the steel sector, contributing to the new industrialization process [2].

Key Points Industry and Company Involved - **Industry**: Smart park, automotive, mobile, AR, toys, and smart home. - **Company**: - **Huaihang Stock**: Focuses on T-box and terminal products, particularly for automotive applications. - **Zhongxin**: Offers a range of semiconductor products, including IoT, switch, and baseband chips. - **Equinix**: A leading data center company with significant investments in China and overseas. Core Views and Arguments - **Huaihang Stock**: - Has a strong position in the automotive market with a focus on T-box and terminal products. - Possesses a unique license for automotive applications in China. - Expected to benefit from the expansion of the automotive market and the introduction of new standards. - **Zhongxin**: - Has a diverse range of semiconductor products, including IoT, switch, and baseband chips. - Has a strong presence in the Chinese market and is expanding its offerings. - Expected to benefit from the growing demand for semiconductor products in various industries. - **Equinix**: - A leading data center company with significant investments in China and overseas. - Expected to benefit from the growing demand for data center services in China and Asia. Other Important Points - **Smart Park**: - The smart park industry is expected to grow significantly, driven by the increasing demand for smart home and smart city solutions. - Mobile, automotive, AR, toys, and smart home are key application areas for smart park technologies. - **Automotive Market**: - The automotive market is expected to grow significantly, driven by the increasing demand for connected cars and autonomous driving technologies. - Huaihang Stock is well-positioned to benefit from this growth. - **Semiconductor Market**: - The semiconductor market is expected to grow significantly, driven by the increasing demand for semiconductor products in various industries. - Zhongxin is well-positioned to benefit from this growth. - **Data Center Market**: - The data center market is expected to grow significantly, driven by the increasing demand for cloud computing and data storage services. - Equinix is well-positioned to benefit from this growth.

Investment Rating - The report maintains a "Buy" rating for ZTE Corporation (000063.SZ) with a current price of 38.37 CNY [1]. Core Insights - ZTE Corporation is positioned as a leading enterprise in the "Connection + Computing Power" sector in China, with significant advancements in core technologies such as chips, operating systems, and databases [5][6]. - The company emphasizes self-innovation in foundational technologies, maintaining a strong focus on research and development to enhance its competitive edge [5][6]. - ZTE's consumer business has shown growth, with a revenue increase of 14.3% year-on-year in the first half of 2024, driven by sales in home terminals and mobile products [18][47]. - The operator business remains stable, although revenue decreased by 8.61% year-on-year due to the overall investment environment [20][47]. - The company is actively expanding its AI capabilities and has launched several innovative products, including the world's first 5G + AI naked-eye 3D phone [15][18]. Summary by Sections Company Overview - ZTE Corporation has a total share capital of 4.784 billion shares and a market capitalization of 183.5 billion CNY [1]. Research and Development - The company has nearly 30 years of experience in chip research and development, focusing on advanced design and architecture [6][7]. - ZTE's R&D efforts are directed towards foundational technologies, digital infrastructure, and value patent layout, ensuring long-term competitive advantages [6]. Consumer Business - The consumer business segment generated 160.19 billion CNY in revenue in the first half of 2024, with a gross margin of 18.93% [18][47]. - ZTE has introduced multiple AI-driven products, enhancing its market presence in the consumer electronics sector [15][18]. Operator Business - The operator business segment reported a revenue of 372.96 billion CNY in the first half of 2024, with a gross margin of 54.32% [20][47]. - ZTE continues to lead in wireless and fixed-line products, with significant advancements in 5G technology [19][20]. Financial Performance - For the first nine months of 2024, ZTE achieved a revenue of 900.45 billion CNY, reflecting a year-on-year growth of 0.7% [45]. - The net profit for the same period was 79.06 billion CNY, also showing a year-on-year increase of 0.8% [45]. - The company maintains a strong cash dividend policy, with a cash dividend ratio increasing from 17.9% in 2019 to 35.0% in 2023 [50]. Investment Outlook - The report forecasts ZTE's net profit to reach 95.29 billion CNY in 2024, with a corresponding PE ratio of 19X [51]. - The company is expected to benefit from the growing demand for AI computing power and digital infrastructure in China [51].