ZTE Shuffles Exec Deck

ZTE announced the proposal of the fifth-term board chairman and vice chairmen was approved at the first meeting of its fifth term of board

March 30, 2010

1 Min Read

SHENZHEN, China -- ZTE Corporation (“ZTE” - H share stock code: 00763.HK / A share stock code: 000063.SZ), announced today the proposal of the fifth-term board chairman and vice chairmen was approved at the first meeting of its fifth term of board in Shenzhen on March 30, 2010. Hou Weigui was elected as Chairman, with Lei Fanpei and Xie Weiliang as Vice Chairmen. Meanwhile, Directors Yin Yimin, Shi Lirong and He Shiyou will continue to hold seats on the board.

In addition, the proposal of naming a new term of executives was also granted approval at the meeting. Mr. Shi Lirong was appointed as President of ZTE, while Mr. He Shiyou, Mr. Wei Zaisheng, Mr. Xie Daxiong, Mr. Tian Wenguo, Mr. Qiu Weizhao and Mr. Fan Qingfeng will continue to act as Executive Vice President. Mr. Wei Zaisheng will also continue to act as ZTE’s Financial Director.

According to the announcement, Ms. Chen Jie, Mr. Zhao Xianming, Mr. Pang Shengqing, Mr. Zeng Xuezhong, Mr. Xu Huijun, Mr. Ye Weimin, Mr. Ni Qin, Mr. Wu Zengqi, Mr. Zhu Jinyun and Mr. Zhang Renjun will continue to act as ZTE’s Senior Vice President. Mr. Feng Jianxiong nominated by Chairman Hou Weigui, will continue to perform the role of ZTE’s Board Secretary.

ZTE Corp. (Shenzhen: 000063; Hong Kong: 0763)

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