9 July 2007, Shenzhen, China - ZTE Corporation, a leading global provider of telecommunications equipment and network solutions, was chosen among the Top 20 "Most Globally Competitive Chinese Company" in a business contest jointly organized by Roland Berger Strategy Consultants and Global Entrepreneurs Journal in China.  ZTE's operation in India was also handed a special award for the "Best Chinese Company in Emerging Market".

"ZTE has been investing a lot of resources and effort in the development of our business overseas and we are extremely excited on winning these two important awards," said Mr. Yin Yimin, President of ZTE Corporation. "It recognizes the success and reputation that we are enjoying not only in China but also in the international market. This is certainly a great honour and validates our team's outstanding work."

"Over the years, ZTE has been aggressively developing our international business and successfully gained significant growth in major emerging markets.  The company also enjoys great success in developed markets including Europe and North America.  In Q1 of 2007, overseas business accounts for 60% of ZTE's overall revenue." Mr. Yin continued.

As one of the pioneers in China's IT industry to bring its expertise to the international stage, ZTE focuses on the incorporation of advanced innovation for commercial application.  In particular, the company puts significant effort in the development of high-end products that support the 3G standard.  This successfully strengthens its core competence and allows it to be in the same class as the elite group of global telecom giants.

The "Most Globally Competitive Chinese Company" Award recognizes the achievements of Chinese companies abroad.  Companies were evaluated using three dimensions - overall business performance, sustainable competitiveness and company culture, while rating factors also include overseas business development, investment performance, R&D capability and social responsibility.

ZTE's branch in India earns the "Best Chinese Company in Emerging Market" Award for its outstanding business performance and business influence in the local market.  To date, it has become one of the top-tier service providers in the local telecom market in India.  ZTE India has over 600 employees, of which 80% are local talents, and recorded a revenue of US$600 million in 2006.