Xin Lang Cai Jing·2025-11-12 01:55Core Points - ZTE Corporation's stock price decreased by 3.01% on November 12, reaching 39.67 CNY per share, with a total market capitalization of 189.76 billion CNY [1] - The company has experienced a year-to-date stock price decline of 0.28%, with a 3.48% drop over the last five trading days and a 21.29% decline over the last 20 days [1] - ZTE's revenue for the first nine months of 2025 was 100.52 billion CNY, representing a year-on-year growth of 11.63%, while net profit attributable to shareholders decreased by 32.69% to 5.32 billion CNY [2] Financial Performance - ZTE has recorded a cumulative cash distribution of 17.14 billion CNY since its A-share listing, with 8.11 billion CNY distributed over the last three years [3] - As of September 30, 2025, the top ten circulating shareholders of ZTE have seen a decrease in holdings, with Hong Kong Central Clearing Limited holding 76.88 million shares, down by 11.34 million shares from the previous period [3] Business Overview - ZTE Corporation, established on November 11, 1997, is primarily engaged in the sales of electronic and communication equipment, with its main business revenue composition being 49% from carrier networks, 26.91% from government and enterprise business, and 24.09% from consumer business [2] - The company operates within the communication equipment industry, focusing on areas such as core networks, RCS concepts, satellite internet, IPV6, and vehicle networking [2]