Securities code (A / h): Zte Corporation(000063) / 763 securities abbreviation (A / h): Zte Corporation(000063) Announcement No.: 202213 Zte Corporation(000063)
Insider announcement
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
Zte Corporation(000063) (hereinafter referred to as “the company”, the company and its subsidiaries collectively referred to as “the group”) received a court order issued by the US court to the company on March 3, 2022 (US time), informing the company to participate in the hearing on the revocation of probation currently scheduled to be held on March 14, 2022 (US time).
The company understands that the hearing is related to the indictment of Yu Jianjun, a former employee of ZTE (TX) Inc., a subsidiary of the company, on March 18, 2021, which involves conspiracy to commit visa fraud (“visa case”). However, the company hereby informs the shareholders and potential investors of the company that according to all reasonable enquiries made by the company:
The object of the visa case is Yu Jianjun, who has left the group for many years. As of the date of this announcement, the group has not been charged in the visa case.
The company will actively take all feasible next steps under the legal framework to properly handle relevant matters.
At present, the company’s production and operation activities are normal. According to relevant laws and regulations, if there is any significant development in the above matters, the company will further publish the announcement in accordance with relevant laws, regulations and listing rules. Shareholders and potential investors of the company are kindly requested to pay attention to the subsequent announcements of the company and be cautious when trading the company’s securities.
It is hereby announced.
Zte Corporation(000063) board of directors March 5, 2022
