ZTE and Deloitte China enter into partnership aimed at enhancing 5G opportunities

Issued by ZTE Corporation South Africa
Shenzhen, China, 10 May 2019

ZTE and Deloitte China sign a strategic co-operation agreement to embrace the 5G era.

ZTE Corporation (0763.HK / 000063.SZ), a major global provider of telecommunications, enterprise and consumer technology solutions for the mobile Internet, has announced it has signed a strategic co-operation agreement with Deloitte China.

Under the agreement, ZTE and Deloitte China will leverage their talent, technologies, market access and other resources in their respective fields to conduct extensive co-operation, building up a comprehensive strategic partnership. The two parties will make full use of their industry advantages while collaborating on business innovation and developing mutual service opportunities.

"As a leading global provider of integrated telecommunications solutions, ZTE is pleased to work with Deloitte China in the 5G era to explore and integrate various vertical industry advantages," said Xu Ziyang, president of ZTE Corporation. "ZTE and Deloitte China will promote mutual resource sharing and complementary advantages in various fields to enhance their services and expand their industry opportunities."

"As the world's largest professional services organisation, Deloitte is committed to supporting Chinese companies to accelerate their efforts to become world-class enterprises," added Patrick Tsang, CEO of Deloitte China. "With our global network, technological innovation, information technology as well as other service capabilities and advantages, Deloitte will empower Chinese companies to enhance their global operational capabilities, address the transformation of the industry, cultivate top international talent and achieve the highest-quality growth."

In addition to signing the strategic co-operation agreement in Shenzhen on 8 May, ZTE and Deloitte China also had several discussions on the key areas of compliance, human resources, finance and network security.

Xiang Jiying, chief scientist of ZTE; Xu Sitao, chief economist of Deloitte China; and Wu Jun, risk advisory partner of Deloitte China, also shared their insights on the international economic landscape as well as future trends in the telecommunications industry.

ZTE

ZTE is a provider of advanced telecommunications systems, mobile devices and enterprise technology solutions to consumers, carriers, companies and public sector customers. As part of ZTE's strategy, the company is committed to providing customers with integrated end-to-end innovations to deliver excellence and value as the telecommunications and information technology sectors converge.

Listed in the stock exchanges of Hong Kong and Shenzhen (H share stock code: 0763.HK / A share stock code: 000063.SZ), ZTE's products and services are sold to over 500 operators in more than 160 countries. ZTE commits 10% of its annual revenue to research and development, and has leadership roles in international standard-setting organisations.

ZTE is committed to corporate social responsibility and is a member of the UN Global Compact. For more information, please visit www.zte.com.cn.

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