国芯网·2025-12-12 04:50Core Viewpoint - The article discusses the recent developments regarding ZTE Corporation, including its stock performance and potential legal issues related to overseas bribery allegations, highlighting the company's ongoing compliance efforts and historical challenges with regulatory authorities [2][4]. Group 1: Stock Performance - On December 12, ZTE's stock hit the limit down, closing at 37.82 yuan per share, following reports that the company might pay over $1 billion, potentially up to $2 billion, to the U.S. government to resolve long-standing bribery allegations [2]. Group 2: Compliance and Legal Issues - ZTE issued an urgent announcement acknowledging media reports about an investigation into its compliance with the U.S. Foreign Corrupt Practices Act, stating that it is in communication with the U.S. Department of Justice and will defend its rights through legal means [4]. - The company emphasized its commitment to strengthening its compliance system and maintaining a zero-tolerance policy towards corruption, asserting that its production and operations remain normal [4]. - ZTE has faced compliance challenges in the past, including a significant settlement in 2018 where it paid a total of $2.29 billion (approximately 14.7 billion yuan) in fines due to violations of U.S. export control laws, which led to substantial losses in 2016 and 2018 [4].