ZTE Corporation (00763) plans to use its own funds to repurchase 1 to 1.2 billion yuan worth of the company's A shares.

12:22 12/12/2025

ZTE Corporation (00763) announced that the company plans to use its own funds to repurchase company A shares through centralized bidding trading (hereinafter referred to as "this repurchase"), for the implementation of the company's employee stock ownership plan or equity incentive. The total amount of funds for this repurchase is not less than RMB 1 billion and not more than RMB 1.2 billion (including both amounts). Based on the calculated repurchase fund limit of RMB 1.2 billion and the maximum repurchase price of RMB 63.09 per share, the number of A shares to be repurchased by the company in this repurchase is approximately 19.02 million shares, accounting for about 0.40% of the company's current total share capital. The specific number of repurchased shares shall be based on the actual number of shares repurchased at the end of the repurchase period. The repurchase period for this repurchase shall be within 12 months from the date when the Board of Directors approves this repurchase plan.

ZTE Corporation (00763) issued an announcement that the company plans to use its own funds to repurchase the company's A shares through centralized bidding trading (referred to as "this repurchase"), for the implementation of the company's employee shareholding plan or equity incentive. The total amount of funds for this repurchase is not less than RMB 1 billion and not more than RMB 1.2 billion. Based on the calculated repurchase funds ceiling of RMB 1.2 billion and the repurchase price ceiling of RMB 63.09 per A share, the number of shares repurchased by the company this time is approximately 19.0204 million shares, accounting for approximately 0.40% of the company's current total share capital. The specific quantity of repurchased shares shall be based on the actual number of shares repurchased at the end of the repurchase period. The repurchase period of this time is within 12 months from the date of the board of directors' approval of this repurchase scheme.

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