ZTE(000063) Zheng Quan Zhi Xing·2025-03-31 05:17Core Viewpoint - ZTE Corporation held its first board meeting of the tenth session, where key leadership positions were elected and new management personnel were appointed [1][2][3]. Group 1: Board Elections - Fang Rong was elected as the chairperson of the tenth board of directors [1][2]. - The board unanimously approved the election of executive and non-executive directors, with all votes in favor [2]. - The board established various committees, appointing Wang Qinggang as the chair of the audit committee and Xu Qipeng as the chair of the nomination committee, among others [2][3]. Group 2: Management Appointments - The board approved the appointment of new senior management personnel, with their terms lasting until the end of the tenth board's term on March 27, 2028 [3]. - Xu Ziyang, who has extensive experience in the telecommunications industry, was appointed as the new president and executive director [6][7]. - Other key appointments included Wang Xiyu as a senior executive and Li Ying as the executive vice president and CFO, both with significant industry experience [8][10]. Group 3: Compliance and Qualifications - All appointed individuals meet the qualifications set forth by relevant laws and regulations, with no reported disciplinary actions or legal issues [7][9][11][13][15]. - The remuneration for the new management will be determined based on annual assessments conducted by the compensation and assessment committee [7][10][15].