ZTE : Announcement Resolutions of the Thirty-sixth 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-sixth 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-sixth Meeting of the Seventh Session of the Board of Directors (the "Board") of ZTE Corporation" to all the Directors of the Company by electronic mail and telephone on 15 September 2018. The Thirty-sixth Meeting of the Seventh Session of the Board of Directors of the Company (the "Meeting") was convened at the Shenzhen head quarters of the Company, Beijing and other locations by way of video and telephone conference on 18 September 2018. The Meeting was presided over by Mr. Li Zixue, Chairman. Of the 9 Directors required to attend the Meeting, 8 Directors attended in person and 1 Director appointed proxy to attend on her behalf. Ms. Cai Manli, Independent Non-executive Director, was unable to attend the Meeting due to work reasons and has authorized in writing Mr. Yuming Bao, Independent Non-executive Director, to vote on her behalf. 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 Framework Agreement for Cooperation and related contracts with Shenzhen Investment Holding Co., Ltd." was considered and approved at the Meeting, the details of which are as follows:

1. It is agreed that the Company shall execute the "Framework Agreement for Cooperation" and the related "Mortgage Contract" and "Contract for the Pledge of Equity" with Shenzhen Investment Holding Co., Ltd. (hereinafter "SIHC");

2. It is authorized that the Legal Representative of the Company or his attorney authorized in writing to sign the abovementioned documents and to complete the related guarantee procedure, and to hold negotiation with the SIHC for the specific arrangement under the "Framework Agreement for Cooperation".

For details, please refer to "Overseas Regulatory Announcement Announcement of execution of contracts including Framework Agreement for Cooperation with Shenzhen Investment Holdings Co., Ltd. and matters pertaining to Third-party Guarantee" 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

19 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.