ZTE Corporation: The company and its subsidiaries plan to use no more than 40 billion yuan of their own funds for entrusted wealth management.

Rui Si Network News: On March 6, ZTE Corporation announced that the company and its subsidiaries plan to use their own funds for entrusted wealth management, with a limit of no more than 40 billion RMB. During the authorized period, the amount can be rolled over. The investment method involves purchasing financial products from banks, securities firms, fund companies, and other financial institutions that are overall risk-controlled and liquidity-matched. The investment period starts from the date of approval by the shareholders’ meeting and ends on the date of the next shareholders’ meeting. This matter has been approved by the company’s board of directors and is subject to approval by the shareholders’ meeting.