Fang Rong elected as Chairman of the Board and Xu Ziyang reappointed as CEO of ZTE Corporation

Shenzhen, China, 31 March 2025 - ZTE Corporation announced today that at the first meeting of the Tenth Session of the Board of Directors, the Resolution on the Election of Chairman of the Tenth Session of the Board of Directors was reviewed and approved, with Ms. Fang Rong elected as Chairman of the Board of the company. On the same day, the Tenth Session of the Board of Directors of ZTE Corporation appointed the senior management of the company. Mr. Xu Ziyang continues to serve as CEO of ZTE Corporation. Mr. Wang Xiyu, Ms. Li Ying, and Mr. Xie Junshi act as Executive Vice Presidents, in charge of R&D, finance and accounting, and operations management and sales respectively.

Fang Rong, Chairman of ZTE Corporation

Ms. Fang Rong stated, "I am deeply honored to take on the role of Chairman of ZTE Corporation, which is truly a profound mission. The world is undergoing an AI-driven industrial revolution. Amid both opportunities and challenges, it is urgent for the company to transform into "connectivity + computing". With our collective dedication, I believe we will seize the strategic opportunities in this evolution, driving the company's steady, sustainable growth, cultivating a robust talent ecosystem, and delivering higher value for shareholders. Together with global partners, we will accelerate the deployment and upgrade of digital and intelligent infrastructure, promote digital intelligence across industries, and make intelligent experiences accessible for every consumer everywhere. Also, we will remain committed to green initiatives, bridge digital divides by developing AI for good and for all, and fulfill our social responsibilities to create a sustainable future."

Ms. Fang Rong is a senior expert in the ICT industry, with extensive experience in telecommunications operations, R&D, and management. She graduated from Nanjing Institute of Posts and Telecommunications (now known as Nanjing University of Posts and Telecommunications), specializing in Telecommunications Engineering. Ms. Fang began to work for Zhongxingxin in 1995 and then joined ZTE Corporation in 1997. From 1998 to 2009, she served as Senior Vice President of ZTE Corporation. She has been acting as a board member of Zhongxing Development Company Limited since 2009 and Chairman of Xiazhi Technology Company Limited since 2021. Since 2018, she has been serving as a Non-Executive Director at ZTE Corporation, and since March 2025, she has been working as Chairman of the Board of ZTE Corporation. Under her leadership, the company once yielded notable results in the R&D and large-scale commercial use of products such as optical communications, videoconferencing, and power supply. Additionally, she played a leading role for ZTE's breakthroughs in emerging markets like India and high-end markets such as Europe, laying a solid foundation for the company's globalization.