Group 1 - The core stock price of ZTE Corporation (000063) closed at 37.19 yuan on December 23, 2025, down 0.48% from the previous trading day, with a total market capitalization of 177.9 billion yuan [1] - The stock opened at 37.32 yuan, reached a high of 37.43 yuan, and a low of 36.85 yuan, with a trading volume of 3.73 billion yuan and a turnover rate of 2.49% [1] - The company announced that it expects to purchase raw materials from related party ZTE New Group for a maximum cumulative transaction amount of 400 million yuan (excluding VAT) in 2026, and from another related party, Smart Port, for a maximum of 3 billion yuan (excluding VAT) [1] Group 2 - The related transactions were approved by the 18th meeting of the 10th Board of Directors, with related directors abstaining from voting and more than half of independent directors agreeing [1] - The pricing of the transactions follows market principles and does not affect the company's independence [1]

每经头条（nbdtoutiao）——地产"优等生"受困20亿元到期债务，首次债务展期仍在博弈，明年还有超 百亿元公开债到期 （记者 曾健辉） 截至发稿，中兴通讯市值为1779亿元。 每经AI快讯，中兴通讯（SZ 000063，收盘价：37.19元）12月23日晚间发布公告称，公司第十届第十八 次董事会会议于2025年12月23日以通讯表决方式召开。会议审议了《关于2026年委托关联方数智港采购 原材料的日常关联交易议案》等文件。 2025年1至6月份，中兴通讯的营业收入构成为：通信设备类行业占比100.0%。 ...

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） 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條而作出。 茲載列中興通訊股份有限公司（「本公司」）在深圳證券交易所網站發布的以下公 告全文，僅供參閱。 承董 事會 命 方榕 董事長 证券代码（A/H）：000063/00763 证券简称（A/H）：中兴通讯 公告编号：202572 中兴通讯股份有限公司 关于《深圳证券交易所股票上市规则》下 日常关联交易预计公告 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。 一、日常关联交易基本情况 （一）日常关联交易概述 深圳，中國 二零二五年十二月二十三日 於本公告日期，本公司董事會包括執行董事：徐子陽；非執行董事：方榕、閆俊武、諸為民、 張洪；獨立非執行董事：莊堅勝 ...

证券代码（A/H）：000063/00763 证券简称（A/H）：中兴通讯 公告编号：202572 关于《深圳证券交易所股票上市规则》下 日常关联交易预计公告 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。 一、日常关联交易基本情况 中兴通讯股份有限公司 （一）日常关联交易概述 1、中兴通讯股份有限公司（简称"公司"或"本公司"）及附属公司（合称 "本集团"）向关联方中兴新通讯有限公司（简称"中兴新"）及其附属公司、 参股 30%或以上的公司（合称"中兴新集团"）采购原材料，2026 年度预计最高 累计交易金额（不含增值税）为人民币 4 亿元。 2、本集团委托关联方深圳市数智港科技产业有限公司（简称"数智港"）采 购原材料，2026 年度预计最高累计交易金额（不含增值税）为人民币 30 亿元。 （二）审议程序 1、董事会表决情况 2025年12月23日，本公司召开第十届董事会第十八次会议（简称"本次会议"） 审议通过了本集团向关联方中兴新集团采购原材料的日常关联交易、本集团委托 关联方数智港采购原材料的日常关联交易。 2、关联董事回避情况 根据《深圳证券交易所 ...

证券代码（A/H）：000063/00763 证券简称（A/H）：中兴通讯 公告编号：202571 中兴通讯股份有限公司 第十届董事会第十八次会议决议公告 本公司及董事会全体成员保证董事会决议公告的内容真实、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（简称"公司"）已于 2025 年 12 月 18 日以电子邮件 的方式向公司全体董事发出了《关于召开中兴通讯股份有限公司第十届董事会第 十八次会议的通知》。2025 年 12 月 23 日，公司第十届董事会第十八次会议（简称 "本次会议"）以通讯表决方式召开。本次会议应表决董事 9 名，实际表决董事 9 名。本次会议的召开符合有关法律、行政法规、部门规章和《中兴通讯股份有限 公司章程》的有关规定，会议合法、有效。 本次会议审议通过了以下议案： 一、审议通过《关于2026年向关联方中兴新采购原材料的日常关联交易议案》， 决议内容如下： 五、审议通过《关于 2026 年委托关联方数智港采购原材料的日常关联交易议 案》，决议内容如下： 1、同意公司及附属公司 2026 年委托关联方深圳市数智港科技产业有限公司 采购原材料，预计 2026 ...

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 而産生或因依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） 向中興新采購原材料的持續關連交易 於二零二五年十二月二十三日舉行的第十屆董事會第十八次會議上，董事會批准中興新 采購框架協議之條款、據此擬進行的交易以及截至二零二六年十二月三十一日止年度的 建議年度交易金額上限。 於本公告日期，中興新持有本公司約20.09%權益，爲本公司控股股東，根據香港上市規 則爲本公司關連人士。因此，訂立中興新采購框架協議及據此擬進行的交易，構成本公 司持續關連交易。 中興新采購框架協議截至二零二六年十二月三十一日止的建議年度上限的一項或以上 適用百分比率超過0.1%但全部少於5%，故此中興新采購框架協議的簽訂及截至二零二 六年十二月三十一日止年度交易的建議年度上限，須遵守香港上市規則第14A章的申 報、年度審議及公告規定，但獲豁免遵守獨立股東批准規定。 根據 ...

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） 於本公告日期，本公司董事會包括執行董事：徐子陽；非執行董事：方榕、閆俊武、諸為民、 張洪；獨立非執行董事：莊堅勝、王清剛、徐奇鵬；以及職工董事：李妙娜。 （股份代號：00763） 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條而作出。 茲載列中興通訊股份有限公司（「本公司」）在深圳證券交易所網站發布的以下公 告全文，僅供參閱。 承董 事會 命 方榕 董事長 深圳，中國 二零二五年十二月二十三日 证券代码（A/H）：000063/00763 证券简称（A/H）：中兴通讯 公告编号：202571 中兴通讯股份有限公司 第十届董事会第十八次会议决议公告 本公司及董事会全体成员保证董事会决议公告的内容真实、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（简称" ...

Group 1 - The core viewpoint of the news is the introduction of mandatory national standards for civil unmanned aerial vehicles (UAVs) in China, which will enhance the safety and orderly development of the industry, effective from May 1, 2026 [1] - The standards include requirements for real-name registration and activation of UAVs, detailing the relationship, processes, and technical requirements among various systems involved in registration and activation [1] - The operational identification standard mandates UAV systems to actively report their identity, location, speed, and status throughout their operation, providing unified technical standards for design, production, and testing [1] Group 2 - The drone industry is reshaping the engineering operation and maintenance service ecosystem in China's infrastructure market, addressing challenges in high-risk inspections and supporting intelligent monitoring of energy pipelines [2] - The low-altitude economy, which includes UAVs and eVTOLs, is projected to grow at a compound annual growth rate of over 25%, potentially reaching a market size of 1.5 trillion yuan by 2025 and 3.5 trillion yuan by 2035 [2] - As of now, 969 companies have registered in the civil UAV product information system, with 3,191 products and over 478,000 UAVs, indicating a robust growth trajectory in the sector [2] Group 3 - Recent policies have been introduced to accelerate the development of the low-altitude economy, with the Shenzhen Low Altitude Economy Industry Association releasing standards for low-altitude communication networks and UAV traffic management [3] - The national strategy emphasizes the low-altitude economy as a key area for development, with various local governments issuing policies to support its growth [3] - The market for low-altitude logistics and tourism applications is emerging, with leading eVTOL manufacturers receiving orders and expanding internationally [3] Group 4 - The low-altitude economy market in China has been growing steadily, with a goal to achieve a trillion-yuan market size by 2030, focusing on enhancing general aviation equipment supply capabilities and industry innovation [4] - The development of the low-altitude economy is expected to drive growth in related infrastructure, including satellite and air traffic management systems [4] Group 5 - Companies involved in the low-altitude economy include AVIC (中航科工), which is a leading player in aviation technology and services [6] - ZTE Corporation (中兴通讯) is advancing its 5G-A sensing system for low-altitude applications, indicating a push towards integrating technology in this sector [6] - XPeng Motors (小鹏汽车) has launched a low-altitude flight camp and plans to establish a flying car store, marking a significant step in the practical application of low-altitude economy technologies [6] - GAC Group (广汽集团) successfully completed the first flight of its composite wing flying car, showcasing advancements in urban air mobility technology [7]

Group 1: Regulatory Developments - The Civil Aviation Administration of China has released two mandatory national standards for civil unmanned aerial vehicles (UAVs), effective from May 1, 2026, aimed at promoting a safer and more orderly industry development [1] - The standards include requirements for real-name registration and activation of UAVs, as well as operational identification specifications, detailing the relationship, processes, and technical requirements for various systems involved [1] Group 2: Market Opportunities - The drone industry is reshaping the engineering operation and maintenance service ecosystem in China's infrastructure market, addressing challenges in automated inspections and monitoring, thereby reducing labor costs and safety risks [2] - The low-altitude economy, which encompasses UAVs and eVTOLs, is projected to grow at a compound annual growth rate of over 25%, potentially reaching a market size of 1.5 trillion yuan by 2025 and 3.5 trillion yuan by 2035 [2] - As of now, 969 companies have registered UAV products in China, with over 478,000 units, indicating a robust market presence [2] Group 3: Policy Support and Industry Growth - Recent policies have been introduced to accelerate the development of the low-altitude economy, including the release of standards for low-altitude communication networks and UAV traffic management [3] - The national "14th Five-Year Plan" emphasizes the development of the low-altitude economy, with various local governments implementing supportive policies and state-owned enterprises establishing low-altitude economic companies [3][4] - The low-altitude economy is expected to drive growth in related infrastructure, including satellite and air traffic management systems, as well as eVTOL companies receiving significant orders [4] Group 4: Key Companies and Innovations - AVIC (Aviation Industry Corporation of China) is a leading player in the aviation high-tech sector, involved in various aspects of UAV and general aviation services [6] - ZTE Corporation is advancing its 5G-A sensing system, contributing to the low-altitude economy through technology development and ecosystem building [6] - XPeng Motors has launched a low-altitude flight camp and plans to establish a flying car store, marking a significant step in the practical application of low-altitude technologies [6] - GAC Group has successfully completed the first flight of its composite wing flying car, showcasing advanced technology and performance capabilities [7]

Group 1: Regulatory Developments - The Civil Aviation Administration of China has released two mandatory national standards for civil unmanned aerial vehicles (UAVs), effective from May 1, 2026, aimed at promoting a safer and more orderly industry development [1] - The standards include requirements for real-name registration and activation of UAVs, detailing the relationship, processes, and technical requirements for various systems involved in registration and activation [1] - The operational identification standard mandates UAV systems to actively report their identity, location, speed, and status throughout their operation, providing unified technical standards for design, production, and testing [1] Group 2: Market Opportunities - The drone industry is reshaping engineering operation and maintenance services in China's infrastructure sector, addressing challenges in high-risk inspections and supporting intelligent monitoring of energy pipelines and telecom base stations [2] - The low-altitude economy, encompassing UAVs and eVTOLs, is a significant area of growth, with 969 companies registered and over 478,000 UAVs documented in China [2] - The low-altitude economy is projected to grow at a compound annual growth rate of over 25%, potentially reaching a market size of 1.5 trillion yuan by 2025 and 3.5 trillion yuan by 2035 [3] Group 3: Policy Support and Industry Growth - Recent policies have intensified focus on the low-altitude economy, with local governments releasing standards for low-altitude communication networks and UAV traffic management [3] - The national "14th Five-Year Plan" emphasizes the development of the aerospace and low-altitude economy sectors, with state-owned enterprises establishing low-altitude economic companies [4] - The market for low-altitude economy is expected to reach a trillion yuan by 2030, with significant investments in infrastructure and technology to support this growth [4] Group 4: Key Players and Innovations - AVIC (Aviation Industry Corporation of China) is a leading player in the aerospace sector, involved in various UAV and aviation-related businesses [6] - ZTE Corporation is advancing its low-altitude sensing technology and has completed pilot projects for 5G-A sensing systems [6] - XPeng Motors has launched a low-altitude flight camp and plans to establish a flying car store, marking a significant step in the practical application of low-altitude economy technologies [6] - GAC Group's GOVY AirJet, a composite wing flying car, has successfully completed its first flight, showcasing advanced technology and performance [7]