Full text of the annual report for 2001
ZTE CORPORATION
Important tips
The board of directors, the board of supervisors and the directors, supervisors and senior managers of the company guarantee that the contents of this report are true, accurate and complete without false records, misleading statements or major omissions, and bear individual and joint legal liabilities. No directors, supervisors or senior managers cannot guarantee or disagree with the authenticity, accuracy and completeness of the report.
This report has been deliberated and adopted at the 45th meeting of the eighth board of directors of the company.
The annual financial statements of the group as of December 31, 2021 have been audited by Ernst & Young Huaming Certified Public Accountants (special general partnership) and issued a standard unqualified audit report.
During the year, the company had no major defects in internal control over financial reporting, and no major defects in internal control over non-financial reporting were found.
Mr. Li Zizi, the chairman of the company, Ms. Li Ying, the chief financial officer and Mr. Xu Jianrui, the person in charge of the accounting organization, declare that they guarantee that the financial report in this report is true, accurate and complete.
According to the actual operation of the company, the profit distribution plan for 2021 is to distribute 3 yuan in cash (including tax) to all shareholders for every 10 shares based on the total share capital (including A-Shares and H shares) on the registration date of dividends and dividends. Before the 2021 profit distribution plan is published and implemented, if the total amount of share capital changes, it will remain unchanged according to the distribution proportion, and take the total amount of share capital (including A-Shares and H shares) on the registration date of dividend and dividend rights determined by the implementation of the 2021 profit distribution plan as the base, and readjust the total amount of distribution according to law. The above matters shall be submitted to the general meeting of shareholders for deliberation and approval.
This report involves forward-looking statements such as future plans and does not constitute the company’s substantive commitment to investors. Investors are reminded to pay attention to investment risks. The report “report of the board of directors (V) business outlook and operational risks in 2022” describes the possible risks in the operation of the company, which investors should pay attention to.
This report is prepared in Chinese and English respectively. In case of any ambiguity in the understanding of this report, the Chinese version shall prevail.
China Securities News, securities times, Shanghai Securities News and cninfo（ http://www.cn.info.com.cn. ）As the designated information disclosure media of the company, investors are reminded to pay attention to investment risks.
catalogue
definition…… 3 glossary 5 Company Profile 9 I. Basic information of the company 10 II. Chairman’s report 12 III. summary of accounting data and financial indicators 14 IV. business overview of the company 17 v. report of the board of Directors 24 VI. corporate governance and Corporate Governance Report 50 VII. Environmental and social responsibility 84 VIII. Important matters 87 IX. changes in shares and shareholders 110 X. directors, supervisors, senior managers and employees 118 Xi. Information about bonds 129 XII. Audit report 135 XIII. Financial statements and notes 144 XIV. Documents for future reference three hundred and forty-six
definition
In this report, unless the context otherwise requires, the following words have the following meanings. A number of other words are described in the chapter “glossary”.
The company and the company refer to Zte Corporation(000063) , a company incorporated in China whose shares are listed on Zte Corporation(000063) Shenzhen Stock Exchange and Hong Kong stock exchange
The articles of association refers to the Zte Corporation(000063) articles of Association (June 2021)
Company Law refers to the company law of the people’s Republic of China
Securities Law refers to the securities law of the people’s Republic of China
The group or group refers to Zte Corporation(000063) and its subsidiaries
Board of directors means the board of directors of the company
Directors refer to the members of the board of directors of the company
Board of supervisors refers to the board of supervisors of the company
Supervisors refer to the members of the board of supervisors of the company
China means the people’s Republic of China
Ministry of finance means the Ministry of finance of the people’s Republic of China
CSRC refers to the China Securities Regulatory Commission
Shenzhen stock exchange refers to Shenzhen Stock Exchange
The Listing Rules of Shenzhen Stock Exchange refer to the Listing Rules of Shenzhen Stock Exchange
Stock exchange of Hong Kong means the stock exchange of Hong Kong Limited
Listing Rules of the stock exchange of Hong Kong means the rules governing the listing of securities on the stock exchange of Hong Kong Limited
Securities and Futures Ordinance means the securities and Futures Ordinance of Hong Kong (Chapter 571 of the laws of Hong Kong)
Companies Ordinance means the Companies Ordinance of Hong Kong (Chapter 622 of the laws of Hong Kong)
Chinese accounting standards for business enterprises refer to the accounting principles generally adopted in China
Hong Kong financial reporting standards means Hong Kong Financial Reporting Standards (including Hong Kong accounting standards and notes)
ZTE Hong Kong refers to Zte Corporation(000063) (Hong Kong) Co., Ltd
ZTE software refers to Shenzhen ZTE Software Co., Ltd
Huizhou China Eagle Electronic Technology Co.Ltd(002579) refers to Huizhou China Eagle Electronic Technology Co.Ltd(002579)
Anhui Huaheng Biotechnology Co.Ltd(688639) refers to Anhui Huaheng Biotechnology Co.Ltd(688639)
Anji Microelectronics Technology (Shanghai) Co.Ltd(688019) refers to Anji microelectronics technology (Shanghai) Co., Ltd
Novoray Corporation(688300) refers to Novoray Corporation(688300)
Chipsea Technologies (Shenzhen) Corp.Ltd(688595) refers to Chipsea Technologies (Shenzhen) Corp.Ltd(688595) (Shenzhen) Co., Ltd
Guangdong Leadyo Ic Testing Co.Ltd(688135) refers to Guangdong Leadyo Ic Testing Co.Ltd(688135)
Circuit Fabology Microelectronics Equipment Co.Ltd(688630) refers to Circuit Fabology Microelectronics Equipment Co.Ltd(688630)
Shanghai Hajime Advanced Material Technology Co.Ltd(301000) refers to Shanghai Hajime Advanced Material Technology Co.Ltd(301000)
Enablement technologies means enablement Technologies Inc
ZTE venture capital refers to Shenzhen ZTE venture capital fund management Co., Ltd
Jiaxing equity fund refers to Jiaxing Xinghe equity investment partnership (limited partnership)
Zhonghe Chunsheng No. 3 fund refers to Suzhou Zhonghe Chunsheng No. 3 Investment Center (limited partnership)
Hengjian Xinxin refers to Guangdong Hengjian Xinxin investment partnership (limited partnership)
Huitong Rongxin refers to Shenzhen Huitong Rongxin Investment Co., Ltd., which has been renamed “Shenzhen Nanshan strategic emerging industry Investment Co., Ltd.”
ZTE new refers to ZTE New Communication Co., Ltd
Xi’an microelectronics refers to Xi’an Institute of microelectronics technology
Aerospace Guangyu refers to Shenzhen Aerospace Guangyu Industry Co., Ltd
ZTE weixiantong refers to Shenzhen ZTE weixiantong Equipment Co., Ltd
Guoxing Ruike refers to Zhuhai Guoxing Ruike Capital Management Center (limited partnership)
ZTE microelectronics refers to Shenzhen ZTE Microelectronics Technology Co., Ltd
2017 stock option incentive plan refers to the stock option incentive plan reviewed and approved by the company at the 2016 annual general meeting, the 2017 first A-share general meeting and the 2017 first H-share general meeting
2020 stock option incentive plan refers to the stock option incentive plan approved by the company at the second extraordinary general meeting of shareholders in 2020
glossary
This glossary contains a number of technical terms related to the group used in this report, some of which may not be consistent with the standard interpretation or usage of the industry.
5g refers to the fifth generation mobile communication, and generally refers to the collection of broadband wireless communication technologies after 4G. The general view of 5g in the industry is that it can provide higher data throughput (1000 times now), more connections (100 times now), more efficient energy utilization (10 times now), and lower end-to-end delay (1 / 5 now), It can cover a variety of application scenarios other than human communication, such as ultra dense network, inter machine communication, Internet of vehicles, etc.
ICT refers to it, information processing technology, CT refers to communication (information transmission) technology, and ICT refers to new products and services generated after the integration of information and communication technologies.
New infrastructure refers to the new infrastructure represented by 5g, artificial intelligence, industrial Internet and Internet of things.
Counting from the east to the West refers to “transmitting” the data from the east to the West for storage and calculation by building an “information channel” similar to the “west to East Gas Transmission”, establishing a national computing hub node in the west, improving the unbalanced layout of digital infrastructure and giving full play to the best value of data capitalization.
Peak carbon neutralization refers to peak carbon dioxide emission, which reaches the maximum value in a certain year, and then enters the decline stage; Carbon neutralization refers to a period of time when the carbon dioxide produced by specific organizations or the whole social activities is absorbed and offset by natural and man-made means such as afforestation, marine absorption and engineering storage, so as to realize the relative “zero emission” of carbon dioxide from human activities.
Cloud network integration refers to the basic resource layer facing cloud and network. Through the implementation of virtualization / cloud and even integrated technical architecture, the resource supply of new information infrastructure with simplicity, agility, openness, integration, security and intelligence is finally realized.
Computing power network refers to a new type of information infrastructure that distributes and flexibly schedules computing resources, storage resources and network resources among cloud, network and edge according to business needs.
Distributed database refers to the use of high-speed computer network to connect multiple physically dispersed data storage units to form a logically unified database in order to obtain larger storage capacity and higher concurrent access.
AI refers to artificial intelligence, which uses machines to simulate human vision, hearing, consciousness and thinking, and assist or replace human beings to complete relevant tasks.
Powerpilot refers to 5g green energy efficiency solution.
OpenLab refers to an open laboratory.
Converged core network refers to the mobile network, which is divided into wireless access network and core network. The core network provides call control, billing and mobility. Integrate the core network and support the related functions of multi standard core network at the same time.
5g NSA refers to the non standalone networking mode defined by 3GPP standards organization. 4G base stations and 5g base stations coexist on the wireless side, and the core network adopts the networking architecture of 4G core network or 5g core network. NSA is mainly used as a transitional networking mode, which can make full use of the existing 4G network resources.
5g SA refers to the standalone independent networking mode defined by 3GPP standards organization. The wireless side adopts 5g base station, and the core network adopts the networking architecture of 5g core network. SA is the target architecture of 5g network evolution.
Cloud network integrated cabinet refers to the integrated deployment of edge cloud, wired access, wireless private network and other equipment through the integrated cabinet, preset typical applications, support wireless and wired integrated access, private network voice, message and other characteristic functions, and can flexibly sink to the enterprise park or operator access machine room.
Wan refers to wide area network.
Single carrier refers to wavelength division multiplexing (DWDM) system, which realizes the multiplexing of multiple wavelengths on one optical fiber, in which each wavelength is a single carrier. The single carrier rate does not change with the evolution of optical technology
