ZTE Corporation: Intends to use its own funds of 1-1.2 billion RMB to repurchase company shares.

ZTE Corporation announcement: The company plans to use its own funds to repurchase company A shares through centralized bidding trading, in order to implement the company's employee stock ownership plan or equity incentive. The total amount of this repurchase fund is not less than RMB 1 billion and not more than RMB 1.2 billion.