ZTE Corporation (“ZTE,” stock code: A/H, 000063/763) recently released their Announcement on the Issuance of Tranche 1 to Tranche 4 of Super Short-term Commercial Paper in 2022 and their Announcement on the Issuance of Tranche 5 to Tranche 7 of Super Short-term Commercial Paper in 2022. This marks the successful issuance of Tranche 1 to Tranche 7 super short-term commercial paper by the company, in an aggregate amount of RMB 8.5 billion.
ZTE is a global leader in telecommunications and information technology and is committed to providing innovative technologies and integrated solutions for global operators, governments, enterprises and consumers around the world. It has complete end-to-end product lines and integrated solutions in the telecommunications industry. With its series of “wireless, wireline, cloud computation and terminal” products, the company can satisfy the diversified requirements of its global customers and their pursuit for rapid innovations. ZTE is a frontier in global map patents and is a major contributor and participant in the research and standard setting of 5G technology. It provides end-to-end 5G solutions and expects to accelerate its global network and commercial deployment of 5G, leveraging its extensive experience and state-of-art technology in chips, databases, wireless technologies, core and fixed networks, video, energy, terminals and industrial applications. Aimed at creating value for customers, ZTE works closely with its industrial partners and actively promotes the application and practice of 5G services, to empower thousands of industries to transform and upgrade.
As legal counsel to ZTE for more than a decade, JunHe previously advised the company on the issuance of multiple tranches of mid-term notes, perpetual notes and super short-term commercial paper in 2015, 2020 and 2021. JunHe provided legal services to ZTE throughout the Project and communicated and cooperated with other intermediaries in an efficient and productive manner. JunHe’s team participated in legal due diligence, drafted legal documents, prepared the application documents, and contributed significantly to the overall success of the Project. JunHe was highly recognized by ZTE and the other intermediaries for its professional, detailed, efficient and experienced service attitude.
The lead partners were LIU, Yongzhao, WEI, Wei and HUANG, Wei; the internal review partner was CHEN, Guiyang.