ZTE : Announcement Resolutions of the Thirty-seventh Meeting of the Seventh Session of the Board of Directors

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ZTE CORPORATION 中興通訊股份有限公司

(a joint stock limited company incorporated in the People's Republic of China with limited liability)

(Stock Code: 763)

Announcement Resolutions of the Thirty-seventh Meeting of the

Seventh Session of the Board of Directors

The Company and all the members of the Board of Directors confirm that all the information contained in this announcement of resolutions of the Board of Directors is true, accurate and complete and that there is no false or misleading statement in this announcement or material omission therefrom.

ZTE Corporation (the "Company") issued the "Notice of the Thirty-seventh Meeting of the Seventh Session of the Board of Directors of the Company" to all the Directors of the Company by electronic mail and telephone on 21 September 2018. The Thirty-seventh Meeting of the Seventh Session of the Board of Directors of the Company (the "Meeting") was convened by way of voting via telecommunication means on 25 September 2018. The Meeting was presided over by Mr. Li Zixue, the Chairman. 9 Directors were required to vote at the Meeting and duly voted at the Meeting. Members of the Supervisory Committee of the Company and certain personnel concerned also attended the Meeting. The Meeting was convened and held in accordance with the relevant laws, administrative regulations, departmental rules and the Articles of Association of ZTE Corporation, and was legal and valid.

The "Resolution on the execution of the Supplemental Agreement on Arrangements for Payment by Instalment in relation to matters pertaining to the disposal of shares in ZTEsoft Technology Co., Ltd." was considered and approved at the Meeting, the details of which are as follows:

That the Legal Representative of the Company or his appointed attorney be authorised to sign the "Supplemental Agreement on Arrangements for Payment by Instalment" and to complete necessary procedures relating to the transaction.

For details, please refer to the "Overseas Regulatory Announcement Announcement Updates on Matters pertaining to the Transfer of Certain Shares in ZTEsoft Technology Co., Ltd." published on the same date of this announcement.

Voting result: For: 9; against: 0; abstain: 0.

By Order of the Board

Li Zixue Chairman

Shenzhen, the PRC

25 September 2018

As at the date of this announcement, the Board of Directors of the Company comprises three executive directors, Li Zixue, Xu Ziyang, Gu Junying; three non-executive directors, Li Buqing, Zhu Weimin, Fang Rong; and three independent non-executive directors, Cai Manli, Yuming Bao, Gordon Ng.