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May 19, 2024 · Hou Weigui's "disciple" was filed for investigation and lien, and was elected chairman of ZTE New Communications six days ago. DATE: 10 hours ago. 21st century business herald reporter bothered to report from Shanghai.
Hou Weigui is a chairman of ZTE Group, Hou Weigui is known for his key role in turning a tiny start-up into a large public corporation. ZTE is a major wireless equipment provider in China, with RMB35.7 billion of total assets in the telecom manufacturing industry.
The first two shareholders are state-owned enterprises, nominating 5 out 9 directors of ZTE Holdings, while Zhongxing WXT was owned by the founders of ZTE, including Hou Weigui, which Zhongxing WXT nominated the rest of the directors (4 out 9) of ZTE Holdings.
Hou Weigui is a chairman of ZTE Group, Hou Weigui is known for his key role in turning a tiny start-up into a large public corporation. ZTE is a major wireless equipment provider in China, with RMB35.7 billion of total assets in the telecom manufacturing industry.
Mr. Zuo Jing, general manager of Leaderdrive, introduced the development history of the company and other basic information to Mr. Hou Weigui, the founder of ZTE Corporation.
Sep 13, 2007 · ZTE's board Chairman, Mr Hou Weigui, has been invited to address at this forum about Asia technology transformation potential to discuss business development, technology innovation and internationalization with many attendants.
Donning an inexpensive jacket, Hou Weigui looks more like a technician than a businessman. But the 69-year-old president of ZTE Corp helped to create the second-largest telecommunications company in China, in essence, a reflection of his own career path.
Founder and Chairman Hou Weigui handed over control of ZTE to Executive Director, Shi Lirong who has been President since 2010. The spread of 4G, or fourth-generation, mobile phone services has...
Hou Weigui, chief architect of the fund and chairman at ZTE, said: “The creation of this endowment is intended to foster innovative ideas and projects. Innovation is essential and fundamental to ZTE. The fund is one way ZTE is taking action to create ground-breaking new telecommunications solutions.”
Hou Weigui attributed the loss of 2.8 billion yuan ($460 million) to improper business strategy and the global financial crisis. He noted that the emerging mobile Internet also formed a severe challenge for his business.
