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ZTE Corporation is China's largest listed telecommunications manufacturer and wireless solutions provider. Founded in 1985, ZTE Corporation has been listed as an A-Share company on Shenzhen Stock Exchange since 1997. In December 2004, ZTE was successfully listed on the Main Board of The Stock Exchange in Hong Kong, becoming the first Chinese company that held both A shares and H shares. ZTE recorded the contract sales of approximately USD 4.111 billion (RMB 34 billion) in 2004. As the pioneer of China's telecommunications equipment manufacturing industry, ZTE Corporation is a comprehensive provider of telecommunications equipment, mobile terminals and services. With its three product series, i.e. wireless, network and terminal (mobile phone), ZTE is capable of providing global customers with diversified integrated telecommunications networking solutions and a wide range of professional services on a 24กม7 basis, and has been involved in the market of international telecommunications operation services. To date, ZTE has been the only Chinese vendor with complete package of independently developed base stations and switching systems with self-owned brands. By the end of 2004, the wireless capacity of ZTE CDMA equipment has exceeded 20 million lines, and accordingly ZTE has become the biggest telecommunications equipment exporter in China. By now ZTE is the only Chinese mobile phone manufacturer that provides products of the three systems, i.e. GSM, CDMA and PHS. In a bid to grasp key technologies in mobile phone R&D, ZTE has independent intellectual properties to all the core software, hardware circuits, core chips and overall design & integration. ZTE invests nearly 10% of its annual sales income into research and development. It has set up a complete human resources management system from recruitment, training and appointment to incentive advancement. ZTE has 21,000 employees, of which 70% hold a bachelor or higher degree. The international market is becoming ZTE's most important strategic market. ZTE's diversified products like WCDMA, CDMA, NGN, GSM, switching, access, and optical transmission have already successfully entered over 60 countries and regions around the globe. ZTE Corporation was accredited as "China's Top 10 Listed Companies", consecutively listed among the "Top 50 Listed Companies with the Greatest Growth Potential in China Securities and Asia Business" for 4 years and the "Best 10 Employers in China's IT Industry". |
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