Hua Er Jie Jian Wen·2025-08-05 10:05Core Viewpoint - ZTE Corporation has successfully completed the issuance of H-share convertible bonds totaling RMB 3.584 billion, which are zero-coupon, US dollar-settled, and will mature in 2030 [1] Financial Data - Issuance Scale: RMB 3.584 billion [1] - Net Proceeds: Approximately USD 494.3 million (equivalent to about RMB 3.543 billion) [1] - Purpose of Funds: To enhance the company's investment in computing power product research and development [1] Important Timelines - Issuance Completion Date: August 5, 2025 [1] - Expected Listing Date: August 6, 2025, on the Hong Kong Stock Exchange [1] - Maturity Date: 2030 [1] Additional Points - All preconditions of the subscription agreement have been fulfilled [1] - Convertible shares have received listing and trading approval from the Hong Kong Stock Exchange [1] - The company will comply with relevant filing procedures as per the China Securities Regulatory Commission [1] - Joint Global Coordinators are CITIC Securities and CITIC Jinshi International [1]