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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.
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...
Apr 4, 2016 · ZTE, the Chinese telecommunications infrastructure company, will reshuffle its management on Tuesday, including naming a new chairman to replace founder Hou Weigui.
