ZTE Corporation (00763) announced its mid-year results with a net profit attributable to shareholders of approximately 5.058 billion yuan, a decrease of 11.77% year-on-year.

ZTE Corporation (00763) announced its mid-term performance for 2025, with operating income of approximately 71.553 billion yuan, a year-on-year increase of 14.51%; net profit attributable to ordinary shareholders of listed companies was approximately 5.058 billion yuan, a year-on-year decrease of 11.77%; basic earnings per share were 1.06 yuan. In the first half of 2025, the company's domestic market operating income was approximately 50.617 billion yuan, a year-on-year increase of 17.55%, accounting for 70.74% of total operating income; the gross profit margin was 33.69%, a decrease of 8.74 percentage points year-on-year. For operator customers, as 5G network construction enters a mature stage and domestic operator investments continue to decline, the decline in the company's operator network income has narrowed; on one hand, the company continues to focus on wireless and wired products, optimize market positioning, consolidate the foundation of domestic operator networks, expand smart data center projects, and on the other hand, actively layout future technology directions such as 10 Gigabit access to lay a foundation for future large-scale construction; for government and enterprise customers, the company fully understands the opportunity to increase smart investment by top domestic Internet companies and industry companies, deepen market expansion, expand cooperation scale, with smart server income growing significantly, driving government and enterprise business revenue to double; for consumers, the company maintains its market share in FTTR, achieves breakthroughs in mobile internet products, and the innovative terminal 2-in-1 cloud PAD has sold over 1 million units in the first half of the year, jointly driving steady growth in consumer business revenue. In the first half of 2025, the company's international market operating income was approximately 20.936 billion yuan, a year-on-year increase of 7.77%, accounting for 29.26% of total operating income; the gross profit margin was 29.45%, a decrease of 6.57 percentage points year-on-year. For operator customers, the company upholds the strategy of "Big Country, Big T" (Big T refers to mainstream operators), seizing market opportunities brought by the merger of networks in Asia-Pacific, modernization of networks in Africa and Latin America, and fiber optic construction, relying on advantageous products, focusing resources, fighting key battles, improving market positioning, and maintaining stable operation; for government and enterprise customers, with Chinese enterprises going global and the acceleration of the construction of data centers, new energy, servers, and other computing infrastructure in major foreign countries, the company seizes new opportunities and expands the government and enterprise markets and computing power markets in major countries where it has a business foundation to achieve rapid growth in government and enterprise business income; for consumers, the company relies on the "ZTE+Nubia" dual-brand strategy, focusing on expanding open-channel markets in Southeast Asia, Africa, the Middle East, etc., gaining wide praise from users for its series of products including folding, imaging, music, and games, and driving double-digit growth in smartphone product revenue.