Core Viewpoint - ZTE Corporation plans to repurchase A-shares worth between 1 billion and 1.2 billion yuan to support its employee stock ownership plan or equity incentive [2][4]. Group 1: Repurchase Announcement - ZTE announced a share repurchase plan using its own funds, with a total amount not less than 1 billion yuan and not exceeding 1.2 billion yuan [2]. - The repurchase price is capped at 63.09 yuan per share, which would allow for the acquisition of approximately 19.02 million shares, accounting for about 0.40% of the company's total share capital [4]. - The repurchase period is set for 12 months from the date of the board's approval [4]. Group 2: Market Reaction - Following the announcement, ZTE's stock price rebounded, trading at 38.27 yuan per share, up 1.19%, with a total market capitalization exceeding 180 billion yuan [4]. - The stock had previously experienced a significant drop, leading to the repurchase announcement as a measure to stabilize investor confidence [6]. Group 3: Financial Performance - For the first three quarters of 2025, ZTE reported revenue of 100.52 billion yuan, a year-on-year increase of 11.63%, while net profit attributable to shareholders fell by 32.69% to 5.32 billion yuan [7]. - As of September 30, 2025, ZTE's total assets amounted to 214.66 billion yuan, with equity attributable to shareholders at 75.09 billion yuan and cash reserves of 35.55 billion yuan [8].

按照回购资金上限人民币12亿元、回购A股股份价格上限人民币63.09元/股测算，公司本次回购股份数 量约为1,902.04万股，约占公司目前总股本的0.40%。具体回购股份的数量以回购期满时实际回购的股 份数量为准。本次回购期限自董事会审议通过本次回购方案之日起12个月内。 本文源自：智通财经网 智通财经获悉，中兴通讯(00763)午后一度涨超5%，截至发稿，涨4%，报28.6港元，成交额10.78亿港 元。 消息面上，中兴通讯午间发布公告称，公司拟使用自有资金以集中竞价交易方式回购公司A股股份，用 于实施公司员工持股计划或者股权激励。本次回购资金总额为不低于人民币10亿元且不超过人民币12亿 元（均包含本数）。 ...

本文源自：财华网 【财华社讯】中兴通讯(00763.HK)公布，拟使用自有资金以集中竞价交易方式回购公司A股股份，用于 实施公司员工持股计划或者股权激励。本次回购资金总额为不低于10亿元且不超过12亿元(人民币,下 同)。按照回购资金上限12亿元、回购A股股份价格上限63.09元/股测算，公司本次回购股份数量约为 1902.04万股，约占公司目前总股本的0.4%。具体回购股份的数量以回购期满时实际回购的股份数量为 准。本次回购期限自董事会审议通过本次回购方案之日起12个月內。 中兴通讯H股午后拉涨超5%，截至发稿，涨4%，报28.6港元。中兴通讯(000063.SZ)涨1.06%，报38.22 元。 ...

Group 1 - The company plans to repurchase its A-shares using its own funds, with a total repurchase amount between RMB 10 billion and RMB 12 billion [1] - The maximum repurchase price is set at RMB 63.09 per share, which would result in approximately 19.02 million shares being repurchased, accounting for about 0.40% of the company's total share capital [1] - The repurchase period will last for 12 months from the date the board of directors approves the repurchase plan [1] Group 2 - On December 11, the company acknowledged media reports regarding an investigation into its compliance with the U.S. Foreign Corrupt Practices Act and is in communication with the U.S. Department of Justice [6] - The company emphasizes its commitment to strengthening its compliance system and maintaining a zero-tolerance policy towards corruption [6] - Following the news, the company's stock price experienced a significant drop, with A-shares hitting the daily limit down on December 11 [6]

中兴通讯表示，回购股份是为保持公司经营、发展，保障、保护投资者的长远利益，促进股东价值的最 大化，同时，进一步健全和完善公司长期激励约束机制，确保公司的经营可持续、健康发展。 中兴通讯AH股午后双双拉升，H股一度涨逾5%。截至13点29分，中兴通讯A股报38.30元人民币/股，涨 幅1.27%；H股报28.58港元/股，涨幅3.93%。 中兴通讯12月12日午间公告，公司拟使用自有资金以集中竞价交易方式回购公司A股股份，用于实施公 司员工持股计划或者股权激励。本次回购资金总额为不低于人民币10亿元且不超过人民币12亿元（均包 含本数）。 上证报中国证券网讯（记者 时娜）中兴通讯12月12日午间公告，公司拟使用自有资金以集中竞价交易 方式回购公司A股股份，用于实施公司员工持股计划或者股权激励。本次回购资金总额为不低于人民币 10亿元且不超过人民币12亿元（均包含本数）。 ...

Core Viewpoint - ZTE Corporation announced a plan to repurchase its shares worth between 1 billion to 1.2 billion yuan following a significant drop in its stock prices on both A-share and Hong Kong markets [1][3]. Group 1: Share Repurchase Announcement - The company plans to use its own funds to repurchase A-shares through centralized bidding, with a total repurchase amount not less than 1 billion yuan and not exceeding 1.2 billion yuan [3]. - Based on the upper limit of 1.2 billion yuan and a maximum repurchase price of 63.09 yuan per share, the estimated number of shares to be repurchased is approximately 19.02 million, accounting for about 0.40% of the total share capital [3]. - If calculated with the lower limit of 1 billion yuan, the estimated repurchase shares would be around 15.85 million, representing about 0.33% of the total issued shares [3]. - The repurchase period is set to be within 12 months from the date of the board's approval of the repurchase plan [3]. Group 2: Stock Price Movement - On December 11, ZTE's A-shares and Hong Kong shares experienced significant declines, with A-shares closing at 37.82 yuan per share, down 10%, and Hong Kong shares at 27.50 HKD per share, down 13.08% [3][4]. - As of December 12, ZTE's Hong Kong stock price showed signs of recovery, rising to 28.08 HKD per share, an increase of 2.11%, while A-shares still fell by 0.32% [5]. Group 3: Compliance and Legal Matters - The company acknowledged media reports regarding its involvement in a compliance investigation related to the U.S. Foreign Corrupt Practices Act and is in communication with the U.S. Department of Justice [4]. - ZTE emphasizes its commitment to strengthening its compliance system and maintaining a zero-tolerance policy towards corruption [4]. - The company asserts that its production and operations remain normal despite the ongoing investigation [4].

智通财经APP获悉，中兴通讯(00763)午后一度涨超5%，截至发稿，涨4%，报28.6港元，成交额10.78亿 港元。 消息面上，中兴通讯午间发布公告称，公司拟使用自有资金以集中竞价交易方式回购公司A股股份，用 于实施公司员工持股计划或者股权激励。本次回购资金总额为不低于人民币10亿元且不超过人民币12亿 元（均包含本数）。 按照回购资金上限人民币12亿元、回购A股股份价格上限人民币63.09元/股测算，公司本次回购股份数 量约为1,902.04万股，约占公司目前总股本的0.40%。具体回购股份的数量以回购期满时实际回购的股 份数量为准。本次回购期限自董事会审议通过本次回购方案之日起12个月内。 ...

Core Viewpoint - ZTE Corporation announced a share buyback plan using its own funds, aiming to enhance employee stock ownership and equity incentives, with a total buyback amount between RMB 1 billion and RMB 1.2 billion [1] Group 1: Share Buyback Announcement - The company plans to repurchase A-shares through centralized bidding, with a total buyback amount not less than RMB 1 billion and not exceeding RMB 1.2 billion [1] - Based on the maximum buyback amount of RMB 1.2 billion and a price cap of RMB 63.09 per share, the estimated number of shares to be repurchased is approximately 19.02 million, accounting for about 0.40% of the total share capital [1] - The buyback period will last for 12 months from the date the board approves the buyback plan [1] Group 2: Market Reaction - Following the announcement, ZTE's A-shares surged over 1% and H-shares rose more than 5% during the afternoon trading session [4] - The day before, ZTE's A-shares had hit the daily limit down, and H-shares had plummeted over 13% [4] Group 3: Compliance and Legal Matters - On December 11, ZTE acknowledged media reports regarding an investigation into its compliance with the U.S. Foreign Corrupt Practices Act and stated it is in communication with the U.S. Department of Justice [5] - The company emphasized its commitment to strengthening its compliance system and maintaining a zero-tolerance policy towards corruption [5] - ZTE reassured that its production and operations are currently normal [5]

Group 1: Market Trends - The commercial aerospace sector continues to rise, with enthusiasm spreading to the defense and military industry [2][4] - Precious metals and industrial metals sectors are also experiencing gains [2] - Electric grid equipment and technology stocks, represented by semiconductors and computing power, are seeing significant increases [2] Group 2: Agricultural Bank Performance - Agricultural Bank's stock saw a sharp increase of 1.41% yesterday, followed by a decline of 3.28% this morning, with a current market value of 2.68 trillion yuan [2] - The stock fluctuated with a previous increase of 2.55% on December 9 and a decrease of 2.74% on December 10 [2] Group 3: ZTE Corporation Update - ZTE Corporation's stock hit the limit down yesterday and fell by 0.32% this morning, with a current market value of 180.3 billion yuan [3] - The company announced a share buyback plan with a total fund of no less than 1 billion yuan and no more than 1.2 billion yuan [3] Group 4: Commercial Aerospace Sector Insights - The commercial aerospace sector is experiencing a surge driven by expectations surrounding SpaceX's IPO, aiming to raise over 30 billion USD with a target valuation of approximately 1.5 trillion USD [8] - A successful satellite launch using the Long March 12 rocket occurred on December 12, marking a significant achievement in China's commercial aerospace efforts [8] Group 5: Aerospace Industry Dynamics - The commercial aerospace industry is evolving from custom manufacturing to mass production, focusing on reusable rocket technology to reduce costs and enhance operational efficiency [9] - The market is expanding into high-value commercial applications, including satellite internet and remote sensing, which are becoming increasingly significant [9] Group 6: Engineering Machinery Sector Performance - The engineering machinery sector is showing a positive trend, with significant gains in stocks such as Shaoyang Hydraulic and Construction Machinery [11] - Sales of excavators in November 2025 reached 20,027 units, a year-on-year increase of 13.9%, with domestic sales at 9,842 units, up 9.11% [13]

每经AI快讯，12月12日，中兴通讯（000063）AH股午后急升，截至发稿H股涨5%，A股涨2%。该公司 午间公告称，拟回购A股股份10亿元-12亿元。 ...