ZTE ( (HK:0763) ) has issued an update.
ZTE Corporation has announced the proposed re-election and appointment of directors for the Tenth Session of its Board. With the term of the Ninth Session concluding on March 29, 2025, the company’s controlling shareholder, Zhongxingxin, has nominated candidates for both non-independent and independent non-executive director positions. These nominations are set to be approved at the upcoming Annual General Meeting (AGM), with the new term commencing upon approval. This move is significant for ZTE as it aligns with regulatory requirements and ensures continuity in leadership, potentially impacting the company’s strategic direction and stakeholder confidence.
More about ZTE
ZTE Corporation is a major player in the telecommunications industry, primarily offering telecommunications equipment and network solutions. The company is based in the People’s Republic of China and is known for its focus on providing innovative technology solutions to enhance communication infrastructures globally.
YTD Price Performance: 13.64%
Average Trading Volume: 18,049
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $23.27B
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