Job Recruitment Website - Zhaopincom - Is ZTE a central enterprise or a state-owned enterprise?

Is ZTE a central enterprise or a state-owned enterprise?

ZTE is neither a central enterprise nor a state-owned enterprise.

According to Aiqi official website's inquiry, ZTE, whose full name is ZTE Corporation, is the world's leading provider of integrated communication solutions and the largest listed company of communication equipment in China. ZTE is an enterprise with the characteristics of mixed ownership. The largest shareholder of ZTE is Zhongxingxin Communication Equipment Co., Ltd. (hereinafter referred to as Zhongxingxin), which is composed of several shareholders, including Xi An Wei Electronics Research Institute, Aerospace Guangyu, Zhongxing Weixiantong and Zhuhai Guoxing Ruike. Among them, Xi An Wei Electronics Research Institute and Aerospace Guangyu are both wholly state-owned enterprises under the China Aerospace Science and Industry Group (central enterprises), and jointly hold 48.5% of the shares of ZTE New Testament. This ratio exceeds the shareholding ratio of any other single shareholder, so it has a significant impact on control. ZTE's shareholding structure is diversified. In addition to state-owned components, its shareholding structure also includes non-state-owned components such as private enterprises and natural persons. Therefore, ZTE is a state-controlled mixed-ownership enterprise.