ZTE prepares share issue to fund R&D

ZTE laid out plans to raise CNY11.5 billion ($1.7 billion) in a private share placement to fund continued R&D and increase its working capital. The vendor said it will issue about 381 million A shares, which are denominated in renminbi and traded on the Shanghai and Shenzhen stock exchanges, to ten independent institutional investors in China at CNY30.21 a share. Shares sold are subject to a lock-in period of 12 months from the date of listing. In a statement, ZTE said the fundraising will enable it to maintain its "high level of investment in research and development, ensure its technological competitive edge and develop its main products and businesses with core advantages”. The vendor added it commits 10 per cent of annual revenue to R&D.

3G wifi Sahaha bộ phát wifi 3g/4g sim 3g/4g thuê wifi du lịch máy phiên dịch
3G wifi Sahaha
https://3gwifi.net/
368 đường láng, Đống Đa, hà nội
19002106
giaiphap3g@gmail.com
https://3gwifi.net/danh-muc/bo-phat-wifi-4g/
https://3gwifi.net/danh-muc/usb-4g-dcom-4g/
https://3gwifi.net/danh-muc/sim-3g/
https://3gwifi.net/danh-muc/wifi-du-lich/
https://3gwifi.net/danh-muc/may-phien-dich/
https://goo.gl/maps/W9Wk6vrue6aW8yuP7
Sahaha cung cấp usb 4G✅ Dcom 4G✅ Sim 4G✅Bộ phát wifi 4G chính hãng✅ Uy tín Giá rẻ nhất✅ 19002106