ZTE Corporation (00763.HK) plans to issue 3.584 billion US dollars zero coupon H-share convertible bonds, settled in US dollars and due in 2030, based on general authorization.

Intelligent Financial News App reports that ZTE Corporation (00763.HK) issued an announcement on July 28, 2025 (after trading hours) that the company has entered into a subscription agreement with the sponsors (CITIC Securities Limited, CITIC Construction (International) Financing Limited) wherein the company agrees to issue RMB 3.584 billion in bonds to the sponsors or their designated individuals. The sponsors have individually and not jointly agreed to subscribe and pay for the bonds, or to induce subscribers to subscribe and pay for the bonds, subject to the fulfillment of various conditions as stipulated in the subscription agreement.