

Core Viewpoint - ZTE Corporation has reported a continuous decline in the number of shareholders for the 13th consecutive period, indicating potential concerns regarding investor confidence and stock performance [2] Group 1: Shareholder and Stock Performance - As of August 31, the number of shareholders for ZTE Corporation was 428,391, a decrease of 26,709 from the previous period, representing a decline of 5.87% [2] - The closing price of ZTE Corporation's stock on the reporting date was 44.83 yuan, down 6.60%, although the stock has seen a cumulative increase of 12.24% since the concentration of shares began [2] - The stock experienced 4 days of increases and 5 days of decreases during the reporting period [2] Group 2: Financing and Revenue - As of September 1, the margin trading balance for ZTE Corporation was 10.354 billion yuan, with a financing balance of 10.337 billion yuan, reflecting an increase of 2.118 billion yuan, or 25.78%, since the concentration of shares began [2] - For the first half of the year, ZTE Corporation reported total revenue of 71.553 billion yuan, a year-on-year increase of 14.51%, while net profit was 5.058 billion yuan, a year-on-year decrease of 11.77% [2] - The basic earnings per share were 1.0600 yuan, and the weighted average return on equity was 6.85% [2] Group 3: Institutional Ratings - In the past month, ZTE Corporation received buy ratings from 10 institutions [2] - The highest target price forecasted by Huatai Securities is 62.76 yuan, as reported on August 30 [2]