(a joint stock limited company incorporated in the People´s Republic of China with limited liability)
(Stock Code: 763)
Upon unanimous authorisation and appointment by all holders of the Non-circulating Shares of the Company, the Board announces the expected timetable in relation to the implementation of the Revised Share Reform Plan.
This announcement is made pursuant to Rule 13.09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.
Reference is made to the announcements (the ´´Announcements´´) of ZTE Corporation (the ´´Company´´) dated 14 November 2005, 23 November 2005, 14 December 2005, 17 December 2005. Terms used in this announcement shall have the meaning as defined in the Announcements unless otherwise specified.
On behalf of all holders of Non-circulating Shares of the Company, the Board of Directors (the ´´Board´´) of the Company wishes to announce the expected timetable in relation to the implementation of the Revised Share Reform Plan as follows:
28 December 2005
Record Date for determining entitlement to receive the shares (the ´´Shares´´) offered by holders of Non-circulating Shares to the holders of A Shares under the Revised Share Reform Plan.
29 December 2005 .
Transfer of the Shares to the holders of A Shares in accordance with the Revised Share Reform Plan;
Resumption of trading in the A Shares on the Shenzhen Stock Exchange, and the stock short name for the A shares of the Company will be changed to the ´´G Zhongxing´´ with effect from this date; and
Listing of the Shares on the Shenzhen Stock Exchange.
For further details of the implementation of the Revised Share Reform Plan, please refer to the publication on the designated website of the Shenzhen Stock Exchange (http://www.cninfo.com.cn).
By order of the Board
Hou Weigui
Chairman
Shenzhen, PRC
27 December 2005
As at the date of this announcement, the Board of Directors of the Company comprises three executive directors Yin Yimin, Shi Lirong and He Shiyou; six non-executive directors Hou Weigui, Wang Zongyin, Xie Weiliang, Zhang Junchao, Li Juping and Dong Lianbo; and five independent non-executive directors Zhu Wuxiang, Chen Shaohua, Qiao Wenjun, Mi Zhengkun and Li Jin.
Please also refer to the published version of this announcement in South China Morning Post.
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