Li Zixue or served as chairman of ZTE and elected new board member on the 29th

Abstract: According to the ZTE and US government reconciliation agreement, ZTE will replace all senior leadership teams.

Micronet Reported on June 26

According to a number of domestic media reports, ZTE's new management team is about to confirm. Li Zixue, party secretary and deputy director of Xi'an Microelectronics, will become the new chairman of ZTE. However, the ZTE official has not yet confirmed the news.

In fact, when ZTE announced the resumption on June 13, it announced that it would elect a new board member. According to the announcement at that time, at 9:00 am on June 29, ZTE Corporation would hold the 2017 annual general meeting of shareholders at Shenzhen headquarters. The shareholders submitted three temporary proposals concerning the amendment of the “Articles of Association” and the “Rules of Procedure of the Board of Directors”, the election of non-independent directors, and the election of independent non-executive directors, requesting consideration at the aforementioned general meeting of shareholders.

In order to pave the way for the new team, the ZTE Corporation amended the “Articles of Association”. It explicitly removes the requirement that the “chairman must be elected from a person who is a director or senior manager of the company for more than three years.” In addition, the constitution to submit the amendment It stipulates that 'independent non-executive directors shall be no less than one-third of the members of the board'.

At present, the new board members nominated by ZTE, including the election of five non-independent directors, are listed as follows: Li Zixue, Li Buqing, Gu Junying, Zhu Weimin, Fang Wei. The term of office will begin at the annual shareholder meeting and pass to the seventh day. At the expiration of the term of office of the Board of Directors (ie March 29, 2019) and the election of three independent non-executive directors, the list was: Cai Manli, Yuming Bao (Bao Zhaoming), Wu Jundong, etc.

In fact, the replacement of ZTE's board members and senior management team is part of the settlement with the U.S. government.

According to the official disclosure of ZTE, within 30 days after June 8, 2018, the current senior vice presidents of ZTE and ZTE Kangxun and all the above senior leaders will be rescinded. ZTE is also prohibited. Subsidiaries or affiliates hire the above personnel.

According to statistics, Li Zixue, who is expected to serve as the new chairman of ZTE, is from the Xi'an Microelectronic Technology Research Institute (771 institutes). He is the party committee secretary and deputy director. ZTE founder, retired Hou Weigui also came from 771 institutions. It is affiliated to the Ninth Institute of China Aerospace Science and Technology Corporation.

At present, it is not clear whether the original chairman Yin Yimin will go next.

Attached to the resume of the new board member candidate of ZTE:

Li Zixue, Male, born in 1964. He graduated from Xi'an Jiaotong University in 1987 with a bachelor's degree in electronic components and materials. He holds a research fellowship.

In 1987, he entered the Xi'an Microelectronic Technology Research Institute for the research, development, and management of microelectronics technology. From 1987 to 2010, he served as a technician, deputy director, deputy director of the hybrid integrated circuit division, and minister.

From 2010 to 2014, he successively served as deputy director of the Xi'an Microelectronics Technology Research Institute, deputy secretary of the Party Committee, secretary of the Disciplinary Committee, and chief supervisor; from 2014 to 2015, he served as Secretary of the Party Committee and Secretary of the Disciplinary Committee of the Xi'an Microelectronics Technology Research Institute, Supervisor, and Deputy Director. ;

From 2015 to present, he served as secretary and deputy director of Xi'an Microelectronic Technology Institute.

Li Buqing, Male, born in 1972. He graduated from Jiangxi University of Finance and Economics in 1994 with a bachelor's degree in economics and accounting. He is a senior economist.

He served in Shenzhen Aerospace Guangyu Industrial Co., Ltd. from 1994 to 2001; served as deputy general manager and general manager of Shenzhen Zhenfeng Industrial Co., Ltd. from 2001 to 2009; served as deputy general manager of Shenzhen Aerospace Real Estate Development Co., Ltd. from 2009 to 2012 From 2011 to 2017, he served as the general manager and chairman of Shenzhen Aerospace Real Estate Consulting Co., Ltd.; and served as the chairman of China Aerospace Science and Engineering Europe Co., Ltd. from 2017 to 2018;

Since 2015, he has served as deputy chief economist and director of China Aerospace Science and Industry Shenzhen (Group) Co., Ltd., and concurrently served as chairman of Nanjing Aerospace Yinshan Electric Co., Ltd.; served as deputy chief economist of Shenzhen Aerospace Industrial Technology Research Institute Co., Ltd. since 2016. , Chief Accountant, currently serving as Chairman of Shenzhen Aerospace Liye Industry Development Co., Ltd., Shenzhen Aerospace Guangyu Industrial Co., Ltd., Shenzhen Aerospace Property Management Co., Ltd., Director of Aerospace Haiying Safety Technology Engineering Co., Ltd.

Gu Junying, Male, born in 1967. He graduated from Shenyang Institute of Aeronautics and Astronautics in 1989 with a bachelor's degree in aircraft manufacturing from the Department of Aeronautical Engineering. He graduated from Beijing Institute of Technology with a master's degree in industrial engineering in 2002 and holds a research fellowship.

From 1989 to 2003, he worked as technologist, workshop director, director, deputy director, deputy director and deputy secretary of the 211 plant; served as Minister of Human Resources and Minister of Party Committee Work Department, Manager of China Aerospace Times Electronics Corporation from 2003 to 2009. Minister, General Manager Assistant; June 2008-December 2008 concurrently served as General Manager of Aerospace Real Estate Development Co., Ltd.; Since 2009, served as Assistant to the Dean of China Aerospace Electronic Technology Research Institute, and concurrently served as Director of China Time Yuanwang Technology Co., Ltd. From 2009 to 2017, he successively served as General Manager of China Times Yuanwang Technology Co., Ltd., Chairman of Beijing Huafeng Measurement and Control Technology Co., Ltd., Chairman of Beijing Aerospace Science and Technology Development Co., Ltd., Vice Chairman of Aerospace Electric Group Co., Ltd.; 2017 He is currently the vice president of Aerospace Times Electronic Technology Co., Ltd. (a company listed on the Shanghai Stock Exchange) and chairman of Aerospace Internet Technology Co., Ltd.

Zhu Weimin, Male, born in 1966. Graduated from the Electronic Engineering Department of Shanghai Jiaotong University in 1988. He received a bachelor's degree in engineering. In 2003, he received a master's degree in business administration from Shanghai China Europe International Business School.

From 1988 to 1991, he served as technician and deputy director of Suzhou Dongfeng Communication Equipment Factory Research Institute; from 1991 to 1993, served as R&D engineer and deputy director of the development department of Shenzhen ZTE Semiconductor Co., Ltd.; served as controlling shareholder of ZTE from 1993 to 1997. ZTE R&D Engineer, Director of Nanjing Research Institute; Director and Deputy General Manager of the Company from 1997 to 2000; Deputy General Manager of Zhongxingxin from 2002 to 2003; Shenzhen Changfei Investment Co., Ltd. from 2004 to 2013 General Manager: From 2009 to 2015, he served as a director of Shenzhen Jufei Optoelectronics Co., Ltd.; Since 2008, he has served as a director of Shenzhen Decang Technology Co., Ltd. (a concurrent consultant from 2013 to 2018); from 2018 to now, he has been a Shenzhen Zhongxing Chairman and Director of International Investment Co., Ltd. and some of its subsidiaries; now concurrently serving as Shenzhen Zhongxing Weixiantong Equipment Co., Ltd., Shenzhen Xinyu Tengyue Electronics Co., Ltd., and Shenzhen Fudekang Electronics Co., Ltd. as its director.

Fang Hao, Female, born in 1964. Graduated from Nanjing University of Posts and Telecommunications (now renamed 'Nanjing University of Posts and Telecommunications') in 1987 with a bachelor's degree in engineering.

From 1987 to 1995, he worked at the Wuhan Institute of Posts and Telecommunications of the Ministry of Posts and Telecommunications; worked at Zhongxingxin from 1995 to 1997; worked at ZTE from 1997 to 2009; and served as Senior Vice President of ZTE from 1998 to 2009. The company's headquarters division, the fourth marketing division, etc.; since 2009 has served as director of Zhongxing Development Co., Ltd., executive vice president.

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