According to the person familiar with the matter, Xu Huijun, executive vice president and chief technology officer of ZTE, and Huang Dabin, who is in charge of company operations, no longer fulfilled their normal duties.
Prior to this, Cheng Gang, ZTE's chief compliance officer and chief legal officer, had been removed from office. There were also several other executives who had been fired and re-allocated.
The U.S. Department of Commerce announced last month that because ZTE violated the settlement agreement reached with the U.S. government last year, it will implement a seven-year export ban on the company. This means that U.S. companies will not be able to offer their products to ZTE over the next 7 years. .
In March last year, ZTE admitted that it violated the US sanctions ban and resold US equipment and technology. To this end, ZTE paid a fine of US$890 million. According to the agreement, ZTE should also dismiss four senior executives and reduce the bonus or condemnation. Penalize another 35 employees.
However, officials of the US Department of Commerce stated that ZTE had fired four senior executives but did not take related measures against the other 35 employees. Commerce Minister Wilbur Ross stated in a statement: “ZTE did not punish related Employees and executives, but reward them. '
At present, the incident has become an important issue in China-US trade negotiations. The Chinese government has asked the United States to abandon its sanctions against ZTE. It has been reported that US President Trump has proposed to reduce punishment for ZTE. The incident has already made China realize that For some important technologies, such as chip manufacturing, we must have strategic control.
Previously, the United States had always hoped that ZTE would adjust its current management, but it is still not clear whether the aforementioned executive positions will be able to meet this demand. Bloomberg reported last week quoting people familiar with the matter that the U.S. government’s ban will at least bring 200 to ZTE. The loss of 100 million yuan. (Li Ming)
According to an executive presentation disclosed in the 2017 annual report of ZTE Corporation, it shows:
Xu Huijun, male, born in 1973, graduated from Tsinghua University in 1998 with a master's degree in electrical engineering and joined the company in the same year. Xu Huijun has served as the company’s executive vice president and chief technology officer (CTO) since April 2016. Responsible for the company's strategy and MKT, system products and product safety work; from 2004 to March 2016 as the company's senior vice president, responsible for the headquarters division, engineering aftermarket, engineering service operations, wireless product operations department work; 1998 Until 2003, he served as system engineer, project manager, deputy director and director of the Beijing Research Institute of the Company. Xu Huijun has more than 19 years of management experience in cable, wireless and engineering services.
According to the 2017 annual report, the order of Xu Huijun in senior executives is second only to Executive Director and President Zhao Xianming.
According to an executive presentation disclosed in the 2016 annual report of ZTE Corporation, it shows:
Huang Dabin, male, born in 1971, has served as the senior vice president of the company since August 2015 and is currently responsible for the operation and management of the company. Huang Dabin graduated from Nanjing University of Posts and Telecommunications (now renamed 'Nanjing University of Posts and Telecommunications') in 1995. Major in Electronic Systems, Master of Engineering. Huang Dabin joined the company in 1995. From 1999 to August 2013, he served as Deputy Director of Nanjing Research Institute of the Company, Deputy General Manager of Second Marketing Division, and Deputy General Manager of Network Division. , Deputy General Manager of the Fourth Marketing Division, Chief Executive Officer of ZTE Telecom India Pvt. Ltd., Dean of ZTE College, Director of the Business Center of the Project Management Department, etc.; August 2013 to December 2016, the second company of the company Huang Dabin has many years of experience in the telecommunications industry and over 17 years of management experience.
However, the senior managers disclosed in the 2017 annual report of ZTE did not include Huang Dabin.