ZTE (00763) Has Not Yet Implemented Share Repurchase as of December 31, 2025

Stock News01-06

ZTE Corporation announced that its 17th meeting of the 10th Board of Directors, convened on December 12, 2025, reviewed and approved a proposal for repurchasing the company's A-shares through centralized bidding. The board agreed to use the company's own funds to buy back A-shares, which are intended for an employee stock ownership plan or equity incentive scheme. The total repurchase amount will be no less than RMB 1 billion and no more than RMB 1.2 billion (both figures inclusive), with a maximum repurchase price not exceeding RMB 63.09 per share. The repurchase period is set for 12 months from the date the board approved the plan. As of December 31, 2025, the company had not yet commenced this share repurchase.

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