ZTE Repurchases 19.26 Million A-Shares in May 2026; H-Share Structure and Public Float Remain Intact

Bulletin Express06-02

ZTE Corporation released its Monthly Return on Movements in Securities for the period ended 31 May 2026. Key data are as follows:

1. Share Capital Structure • Authorised/registered capital stood at 4.78 billion shares (par value RMB 1 each), unchanged month-on-month. • H-shares: 755.50 million issued and outstanding; no treasury stock and no movement during the month. • A-shares: 4.03 billion authorised. Issued A-shares (excluding treasury) declined by 19.26 million to 4.01 billion after the latest buy-back. Treasury A-shares increased to 19.26 million.

2. May 2026 Share Repurchase • On 27 May 2026, ZTE repurchased 19.26 million A-shares on the Shenzhen Stock Exchange at RMB 34.79 per share, equivalent to an outlay of roughly RMB 670.02 million. • The repurchased shares are held as treasury stock; none have been cancelled to date.

3. Public Float Compliance • The company confirmed that its H-share public float met the Hong Kong Stock Exchange’s 5 percent minimum requirement as of 31 May 2026.

4. Outstanding Convertible Bonds • A RMB 3.58 billion (USD-settled) zero-coupon convertible bond due 2030 remains outstanding. • No conversions occurred in May; up to 129.73 million H-shares could still be issued at the conversion price of HKD 30.25 per share.

5. Capital Outlook • Post-repurchase, total issued share capital (H- and A-shares combined, excluding treasury) decreased to 4.76 billion shares, while total treasury shares rose to 19.26 million A-shares. • No new options, warrants, or other equity-linked instruments were issued during the month.

The filing was submitted to the Hong Kong Stock Exchange on 2 June 2026 by Company Secretary Ding Jianzhong.

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