ZTE CORPORATION 763 13.09(2) 13.10B571 XIVA 1 1.1 2018 4 202018 4 272018 5 92018 6 12 2018 7 15 2018 1.2 1.3 1.4 1.5 1
1.6 1.7 (http://www.cninfo.com. cn/) 2 2.1 2.1.1 2017 6 1216 2017 1 1 2017 1 1 2017 22 23 24 37 14 2018 1 1 (1) 2
2018 3 31 (2) 21 2006 2 1515 2018 2014 9 Financial Instruments 7 Financial Instruments Disclosures 15 Revenue from Contracts with Customers 2018 1 1 2018 4 27 3
2.1.2 2018 3 31 2017 12 31 137,876,425 143,962,215 (4.23%) 24,864,603 31,646,875 (21.43%) 4,192,672 4,192,672 5.93 7.55 (21.46%) 2018 1 3 2017 1 3 27,526,342 25,744,612 6.92% (5,407,237) 1,213,607 (545.55%) (28,146) 1,069,337 (102.63%) (171,149) (971,165) 82.38% (0.04) (0.23) 82.61% 1 (1.29) 0.29 (544.83%) 2 (1.29) 0.29 (544.83%) (%) (19.14%) 4.50% 23.64 (%) (0.10%) 3.96% 4.06 1 2017 1 3 2 20172018 1 3 02013 2017 1 3 2,087,000 4
164,636 205,749 28,981 7,114 6,724,535 (949,842) (3,350) (5,379,091) 2.1.3 2018 1 3 2018 3 31 5
2.2 2018 3 31 312,630 A 312,300H 330 5% 10 1 30.34% 1,271,868,333 1 2 2 17.99% 754,274,439 3 1.25% 52,519,600 4 1.03% 43,188,881 5 1.01% 42,164,403 6 0.99% 41,516,065 7 0.62% 26,000,028 8 0.45% 19,073,940 9 3 0.42% 17,439,192 10-005L-FH002 0.39% 16,417,196 6
10 1 1,269,830,333 A 2,038,000 H 2 2 754,274,439 H 3 52,519,600 A 4 43,188,881 A 5 42,164,403 A 6 41,516,065 A 7 26,000,028 A 8 19,073,940 A 9 3 17,439,192 A 10-005L-FH002 16,417,196 A 1. 10 10 2. 10 10 10 105 A 42,164,403 1 2018 4 16 2 H 3 A 10 10 7
3 3.1 2018 3 31 2017 12 31 368,300 116,794 215.34% 670,412 1,080,449 (37.95%) 3,761,841 9,012,909 (58.26%) 2,315,990 1,464,250 58.17% 68,470 49,830 37.41% 670,436 1,080,472 (37.95%) 21,222 1,322 1,505.30% 14,389,117 7,070,099 103.52% 2018 6 12 10 1,052,472 454,891 131.37% 1,258,142 533,126 135.99% 2018 5 9 (1,554,867) (723,770) (114.83%) 8
1 3 2018 1 3 2017 1 3 185,992 (15,686) 1,285.72% 998,839 509,189 96.16% 205,749 (62,194) 430.82% (94,654) 60,453 (256.57%) 42,113 92,481 (54.46%) 6,731,649 38,691 17,298.49% 2018 6 12 10 (240,670) 414,485 (158.06%) (13,140) (21,136) 37.83% (1,485) 100.00% (3,999) 100.00% (392,962) (38,210) (928.43%) (121) (2,304) 94.75% 1 3 2018 1 3 2017 1 3 (171,149) (971,165) 82.38% (582,818) (899,446) 35.20% (5,503,636) (1,266,132) (334.68%) (185,783) 36,157 (613.82%) 9
3.2 3.2.1 3.2.2 3.2.2.1 2017 6 27 T208 0049 T208 0049 2017 12 252018 1 25 < > 2017 12 262018 1 25 < > < > 2018 2 9 (1)T208 0049 189,890 (2)35,00020,000 (3)44,2006,100 2018 2018 2 9 2018 3 28 2018 3.2.2.2 43.66% 2018 2 9 12.233 43.66% 1 35.19% 2018 2 9 10
3.2.2.3 A 10 686,836,019 A A130 130 5G 2018 2018 1 31(1) A(2)<> 2018 3 28 2018 2018 2 1A A30 2018 4 10 A 2018 4 10 A 3.2.2.4 2015 2014 90 90 90 2015 1 27 201560 5+N2015 2 6 201515 3+N 2015 11 20 2015 15 3+N 2018 2 62015 1,585,350,000 2018 2 6 2015 11
3.2.2.5 1 9 2 2017 2018 2017 2018 3 15 2018 6 29 2017 2 6 2017 2018 3 15 2018 6 29 2017 3.2.2.6 2018 6 29 2017 Yuming Bao 2019 3 292018 6 29 2017 12
2018 6 29 Yuming Bao Yuming Bao Yuming Bao 2018 6 29 Bingsheng Teng2018 6 29 2018 6 29 2018 7 3 2018 7 3 2018 7 5 2019 3 29 2018 7 5 2018 7 27 Yuming Bao Yuming Bao2018 7 27 13
3.2.2.7 2017 2016 2017 A2017H2017 2017 5% 2017 7 6 2017 2017 7 6 1,996 14,960.12 A 17.06 252,000 0 0 0 0 252,000 262,400 0 0 0 0 262,400 158,400 0 0 0 0 158,400 200,000 0 0 0 0 200,000 148,728,400 0 0 0 0 148,728,400 149,601,200 0 0 0 0 149,601,200 2017 11 32017 118,000 A 2018 6 29 2018 7 5 11 2017 3,287,600 A 2017 20172017 14
3.2.2.8 2016 11Maxell, Ltd Hitachi MaxellMaxell ZTE USA, Inc. 8Maxell1 7 2018 3 Maxell Maxell 2018 6 18 2018 6 29 7 4,330 3.2.2.9 BIS 2018 4 172018 4 182018 4 202018 4 222018 4 252018 5 12018 5 62018 5 92018 5 162018 5 232018 5 302018 6 6 BIS2018 6 12 BIS 2018 7 13 BIS 2018 4 15 2018 7 15 15
3.2.2.10 (%) * * 30% (FPC) R-FPC 1 300,000 1 15,000 1,000 100,000 1,000 50,000 200 2,000 1.3 30,000 0.5 50,000 0.01 5,000 (FPC) R-FPC0.5 100 74 53 116 53 9,366.98 0.65% 2015 9-23 2017 1-20 201548 201703 <2016 2018 > 930.78 0.06% 2016 4-29 201635 1,926.05 24.34% 2016 4-29 201635 10,999.48 0.38% 2015 9-23 201548 23,223.29 2015 9 22 201810 2017 1 19 30% 2016 4 28 2017 7 12018 6 30 9,000 2017 7 12018 6 30 8,500 2015 9 22 2018 11 16
* 2017 9 262017 10 20 2018 9 26 2018 10 20 ** 10.1.6 10.1.310.1.5 3.3 1 (1) a. 2004 11 19 b. 2018 1 31 2018 A (1) (2) (2) 2007 12 10 5% 17
2 2018A 2018 1 31 2018A (1) (2) (3) (4) (5) (6) 3.4 2018 1 6 2017 1 6 (%) 7,000,000 9,000,000 2,292,867 405.29% 492.52% 1.67 2.15 0.55 403.64% 490.91% 2018 1 6 1 2018 5 9 2 2018 6 1210 2018 7 13 2018 18
3.5 3.5.1 1 300438 1 169.41 1,464.50 (202.63) 432.09 (212.93) 846.87 300502 1 974.45 15,980.16 (2,811.27) (2,811.27) 13,168.89 603986 1 1,282.86 73,281.66 11,267.31 20,560.78 11,982.27 65,837.47 603633 1 2,000.00 6,016.67 31.83 807.33 12.61 5,254.29 603920 1 2,562.00 21,924.37 (3,523.96) (3,523.96) 18,400.41 002902 1 1,655.50 19,688.89 (2,523.62) (2,523.62) 17,165.27 002036 2 3,266.00 10,060.65 74.39 74.39 10,135.04 300691 2 3,498.71 20,599.32 (3,156.30) (3,156.30) 17,443.02 ENA:TSV Enablence Technologies 3 3,583.26 2,168.39 (300.63) (300.63) 1,867.76 18,992.19 171,184.61 (1,144.88) 21,800.20 (459.44) 150,119.02 1 2 3 2015 1 6 Enablence Technologies Inc. Enablence Technologies270 2015 1 31 1 5.15963 1,393.10 2016 2 2 Enablence Technologies462 2016 2 291 4.74060 2,190.16 2,334.382018 3 31 1 0.80011 1,867.76 19
2 A 31% 2018 13.96 35.30 0.13% B 551.232.32% C 2018 114.71 334.54 1.65% D 2018 44 289.33 2.40% E 1,239.09 3.08% F 514.50 3.68% G 31.79% 688.76 1.23% 20
H 276.36 3.16% I Enablence Technologies 2014 12 4 Enablence Technologies SUBSCRIPTION AGREEMENT 2015 1 6 Enablence Technologies 1,800 270 2016 1 27Enablence Technologies SUBSCRIPTION AGREEMENT 2016 2 2 Enablence Technologies 7,700 462Enablence Technologies 9,500 Enablence Technologies 15.28% J 21
3.5.2 20185 17 2018 1 2018 1 UBS UBS 2018 1 Deutsche Bank Deutsche Bank 2018 1 2018 1 Bank of America Merrill Bank of America Merrill Lynch Lynch 2018 1 2018 1 2018 3 2018 1 3 CLSA Limited RBC Investment Management (Asia) Limited Okasan Securities Co. Ltd. Fukoku Mutual Life Insurance Company Nikko Asset Management Invus Asia Limited Signature Global Asset Management 22
3.6 1 2 3 (%) 2017/8/31 2018/12/31 164,356.46 154,208.65 59,575.66 258,989.45 8.07% 5,046.63 2017/5/31 2018/12/31 188,539.03 125,101.67 82,219.45 231,421.25 7.21% 4,509.44 2017/5/16 2018/12/27 105,700.71 58,479.11 17,089.25 147,090.57 4.59% 2,866.19 2017/5/18 2018/12/28 466,184.49 337,987.40 176,889.99 627,281.90 19.55% 12,223.12 924,780.69 675,776.83 335,774.35 1,264,783.17 39.42% 24,645.38 2017 3 232017 2017 6 20 2016 2017A2017H 2018 1. 2. 3. 4. 5. 2.380.08 2.46 1 2 3 3.7 4 4.1 4.2 4.3 23
2018.3.31 2017.12.31 26,512,303 13,046,984 33,407,879 18,665,112 368,300 4,463 116,794 1,679 2,550,011 2,294,682 2,052,945 1,888,992 27,218,926 30,760,510 24,345,283 27,183,075 670,412 601,173 1,080,449 704,593 748,463 66,078 591,664 56,680 103,852 23,753 3,835,743 28,128,602 3,629,933 25,363,711 26,917,759 15,683,416 26,234,139 16,484,640 3,761,841 2,064,252 9,012,909 4,291,058 8,211,292 3,821,996 7,758,594 4,313,873 100,795,050 96,576,008 108,230,589 98,977,166 3,106,068 617,152 3,181,668 461,091 1,243,366 5,543,440 1,244,760 5,752,524 2,745,452 2,648,442 2,608,006 2,491,751 3,812,695 13,575,372 3,960,597 13,685,375 2,023,809 1,615,458 2,023,809 1,615,458 8,578,076 4,850,630 8,694,456 4,887,175 1,729,108 924,409 1,472,986 905,876 4,988,141 1,347,166 4,741,615 1,235,751 1,853,623 342,924 1,902,077 404,145 304,550 308,806 2,315,990 1,336,187 1,464,250 566,364 34,991 34,991 34,983 34,991 4,345,506 3,924,163 4,093,613 3,417,463 37,081,375 36,760,334 35,731,626 35,457,964 137,876,425 133,336,342 143,962,215 134,435,130 24
2018.3.31 2017.12.31 10,556,474 6,302,982 14,719,023 7,158,482 68,470 49,765 49,830 30,078 670,436 601,197 1,080,472 704,617 13,221,229 15,137,934 10,848,511 12,981,665 21,233,837 38,977,027 23,614,556 39,405,194 8,317,786 5,788,483 8,050,655 5,584,395 6,378,752 4,279,167 8,702,351 6,424,220 7,500,600 4,163,021 7,389,544 4,118,982 1,262,723 178,406 1,263,723 155,820 21,222 225 1,322 225 14,389,117 26,800,692 7,070,099 20,730,075 1,052,472 591,302 454,891 329,251 1,258,142 1,020,450 533,126 301,785 4,021,633 74,000 3,816,844 74,000 89,952,893 103,964,651 87,594,947 97,998,789 3,220,893 2,369,100 3,002,146 2,121,125 2,745,452 2,648,442 2,948,006 2,831,751 132,606 132,606 133,191 133,191 281,536 338,131 1,294,589 202,830 1,224,978 149,260 3,342,856 2,781,120 3,340,669 2,781,120 11,017,932 8,134,098 10,987,121 8,016,447 100,970,825 112,098,749 98,582,068 106,015,236 25
2018.3.31 2017.12.31 4,192,672 4,192,672 4,192,672 4,192,672 11,313,503 9,075,745 11,304,854 9,067,096 (1,554,867) 705,883 (723,770) 706,538 2,205,436 1,543,680 2,205,436 1,543,680 8,707,859 (1,778,979) 14,667,683 3,588,581 24,864,603 13,739,001 31,646,875 19,098,567 7,498,592 7,498,592 9,321,327 9,321,327 4,542,405 4,411,945 36,905,600 21,237,593 45,380,147 28,419,894 137,876,425 133,336,342 143,962,215 134,435,130 26
2018 1 3 2017 1 3 27,526,342 29,483,810 25,744,612 25,527,757 19,816,145 23,694,139 17,384,211 21,195,626 235,689 68,697 230,073 72,679 2,515,748 1,418,513 2,767,742 1,549,575 653,009 423,232 701,954 407,976 2,703,717 768,298 3,079,876 766,506 185,992 548,597 (15,686) 125,018 998,839 962,549 509,189 421,895 205,749 (16,304) (62,194) (30,471) (94,654) (39,219) 60,453 48,967 (133,016) (119,939) 1,197 611,406 592,636 1,139,704 1,544,262 1,678,148 1,006,978 42,113 27,463 92,481 25,067 6,731,649 6,716,296 38,691 7,830 (5,549,832) (5,144,571) 1,731,938 1,024,215 (240,670) (519,050) 414,485 148,127 (5,309,162) (4,625,521) 1,317,453 876,088 (5,407,237) (4,736,736) 1,213,607 751,106 111,215 111,215 124,982 124,982 (13,140) (21,136) 27
2018 1 3 2017 1 3 (393,083) (655) (45,998) (3,288) (392,962) (655) (43,694) (3,288) (1,485) (3,999) (1,833) (392,962) (655) (38,210) (1,455) (392,962) (655) (43,694) (3,288) (121) (2,304) (5,702,245) (4,626,176) 1,271,455 872,800 (5,800,199) (4,737,391) 1,169,913 747,818 111,215 111,215 124,982 124,982 (13,261) (23,440) (1.29) 0.29 (1.29) 0.29 28
2018 1 3 2017 1 3 23,705,198 24,644,155 26,935,766 26,838,631 1,366,848 928,102 1,424,996 595,049 1,186,550 484,225 460,103 269,978 26,258,596 26,056,482 28,820,865 27,703,658 17,804,153 25,513,429 21,511,467 26,934,700 3,903,033 1,375,985 3,784,224 1,233,203 2,058,966 451,355 1,923,441 125,087 2,663,593 1,025,113 2,572,898 1,057,303 26,429,745 28,365,882 29,792,030 29,350,293 (171,149) (2,309,400) (971,165) (1,646,635) 986,652 110,511 108,045 33,882 37,488 20,453 10,170 9,659 14,810 14,353 232,400 1,104,867 43,541 162,809 267,206 1,007,005 381,113 553,566 55,531 680,680 141,209 508,689 290,316 1,687,685 522,322 1,062,255 345,847 (582,818) (478,781) (899,446) (78,641) 29
2018 1 3 2017 1 3 180,600 13,918 13,918 180,600 6,888,770 3,988,863 9,486,670 5,004,846 7,069,370 3,988,863 9,500,588 5,018,764 10,380,471 4,023,215 9,954,734 5,306,429 1,500,000 1,500,000 692,535 549,580 811,986 581,060 33,422 57,331 12,573,006 6,072,795 10,766,720 5,887,489 (5,503,636) (2,083,932) (1,266,132) (868,725) (185,783) (137,766) 36,157 (10,486) (6,443,386) (5,009,879) (3,100,586) (2,604,487) 30,109,268 17,006,734 30,049,791 15,752,732 23,665,882 11,996,855 26,949,205 13,148,245 30 Yuming Bao( )