Earlier this year, ZTE agreed to pay a fine of nearly 900 million U.S. dollars and opened up its books to U.S. regulators, the largest of the U.S. export control cases.
In June, James Stanton, a Texas lawyer overseeing ZTE Corporation hired Guidepost Solutions and Larkin Trade International to assist in the assessment of ZTE's compliance with U.S. export control regulations and sanctions laws, said sources. Reduce the risk of future misconduct.
However, by the end of August, the two companies clashed with Stanton in working methods and subsequently parted ways. Reuters was unable to confirm the exact reason why the two companies decided to withdraw. However, Stanton initially restricted consulting firms' access to ZTE's documents and The ability of the people involved makes it difficult for them to help supervise ZTE.
Matthew Bell, head of compliance at ZTE in the United States, said: 'We look forward to cooperation and successful monitoring.'