Supply Chain SPIRE 2.0 Strategy

In 2018, ZTE determined the three-phase strategy based on the changes in the internal and external environment and competitive landscape. In active response to the new strategy, the SPIRE strategy has been formulated, which aims to improve customer value, achieve technology and cost leadership, and build a safe, precise, intelligent, reliable, and efficient supply chain to deliver competitive products and services.

In 2023, we launched the SPIRE 2.0 strategy according to the analysis of new opportunities and challenges faced by the supply chain, as well as the company's strategic goals in the expansion phase.

• Safe: Build a resilient supply chain and healthy and green ecosystem, which covers both suppliers and their suppliers.

• Precise: Provide targeted information and commodity flows to precisely satisfy the needs of both customers and their customers.

• Intelligent: Agilely respond to the changes in external environment, and move from digital business to intelligent operations and interconnected ecosystem.

• Reliable: Ensure product and technological leadership and maintain high quality and reliability.

• Efficient: Conduct optimal resource allocation, and upgrade from inventory and cost optimization to efficient organization and operations.