ZTE Corporation (00763): It is planned to use own funds for entrusted wealth management in the fiscal year 2026.
ZTE Corporation (00763) announced that the Board of Directors meeting has approved the proposal of using own funds for entrusted wealth management in the year 2026. Under the premise of ensuring the daily operating funds needs and effectively controlling risks, the company and its subsidiaries are allowed to use own funds for entrusted wealth management, with a limit not exceeding 40 billion yuan. This matter still needs to be submitted for approval by the company's shareholders' meeting.
ZTE Corporation (00763) has released a announcement that the board of directors meeting has approved the proposal of using own funds for entrusted financial management in 2026. With the premise of ensuring daily operational fund requirements and effectively controlling risks, the company and its subsidiaries are allowed to use own funds for entrusted financial management, with a limit not exceeding 40 billion RMB. This matter still needs to be submitted to the shareholders' meeting for review.
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