ZTE Corporation has successfully concluded the issuance of zero-coupon H-share convertible bonds denominated in USD, totaling RMB 3.584 billion, with a maturity date set for 2030. After accounting for expenses, the net proceeds approximate USD 494.3 million. These funds will be dedicated to enhancing the company's research and development (R&D) investments in computing power products. The bonds are anticipated to commence trading on the Hong Kong Stock Exchange on August 6, 2025.
