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Rumor: ZTE CEO to Resign in March

CCTime, 3/18/10

According to internal sources, with the end of term approaching later this month for the current board of directors at Chinese telecom equipment manufacturer ZTE (0763.HK; 000063.SZ), the company's upper management may undergo a major shuffle. CEO Yin Yimin may resign, and senior vice president Shi Lirong and executive vice president He Shiyou stand as the most likely candidates to replace him. Reports have stated that it is not yet certain whether the board of directors will accept Yin Yimin's resignation.

Keywords: HR Shi Lirong He Shiyou Yin Yimin telecom 000063.SZ 0763.HK ZTE telecom equipment

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The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.

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