The most popular ZTE had a net profit of 41.3 bill

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ZTE's net profit in the first three quarters was 4.13 billion yuan, accounting for 14.6% of its R & D investment.

the report shows that in 2019, ZTE achieved an operating revenue of 64.24 billion yuan, a year-on-year increase of 9.3%; The net profit attributable to common shareholders of listed companies was 4.13 billion yuan, an increase of 156.9% year-on-year; The net profit attributable to common shareholders of listed companies after deducting non recurring profits and losses was 710million yuan, an increase of 131.4% year-on-year in advanced chip integration technology and professionally designed data collection and amplification system; The basic earnings per share is RMB 0.98. In 2019, ZTE achieved an operating revenue of 19.63 billion yuan, a year-on-year increase of 1.5%; The net profit attributable to common shareholders of listed companies was 2.66 billion yuan, an increase of 370.7% year-on-year; The net profit attributable to common shareholders of listed companies after deducting non recurring profits and losses was RMB 98million, a year-on-year decrease of 18.6%. It is estimated that the net profit attributable to the common shareholders of the listed company in 2019 will be RMB 4.3 billion to RMB 5.3 billion

ZTE adheres to a positive and steady business strategy, focuses on the mainstream market and products, improves the company's business quality, and continuously optimizes cost control. At the same time, the company continued to strengthen its core technology R & D investment and talent reserve. In the first three quarters, the R & D investment reached 9.36 billion yuan, accounting for 14.6% of the operating revenue, an increase of 0.1 percentage point compared with 14.5% in the same period of the previous year

in terms of operator business, ZTE has accelerated the global 5g commercial scale deployment with its leading 5g end-to-end full range of products and solutions. The domestic operator market has been intensively cultivated to consolidate the company's business performance foundation. Overseas companies have further focused on improving efficiency, focusing on the market, focusing on projects, and comprehensively deepening healthy operation. By the end of September 2019, ZTE had fully participated in the scale deployment of 5g networks in China, won 35 5g commercial contracts worldwide, and launched 5g in-depth cooperation with more than 60 operators worldwide. 5g end-to-end commercial products and solutions, and a full range of NR products achieve full band and full scene coverage; 5g NSA SA dual-mode base station fully supports flexible selection and smooth evolution of operator network architecture; The common core realizes 2/3/4/5g/fixed full access and full convergence, supports SA and NSA, and saves 40% of the investment for operators. 5g luopian mall program won the luopian contribution award at the 5g World Summit in London; The self-developed serial AI engine supports 5g full scene intelligence. Nfv has deployed more than 500 commercial and POC cases worldwide. The market pattern of bearer products continued to be optimized, and 5g bearer end-to-end products were deployed on a large scale, accumulating 3 In the process of transportation, 20000 sets have been shipped, and more than 30 5g carrier networks have been deployed and piloted with global operators. More than 50 networks are deployed in the world for ultra-100g optical transmission products. The commercial 200g optical transmission network has set a record for the longest transmission distance of 1700km. The overall optical network and its market share in the three major fields of access, metropolitan area and backbone ranked first in the world in the second quarter of 2019. The world's largest PON based return network is deployed in Indonesia, and more than 16000 base stations are accessed through ZTE GPON and xgs-pon. Video products focus on 5g, 4K and AI. The first 5g+4k ultra clear video conference terminal xt802, the world's first 5g+4k dual screen intelligent conference machine tcs420, and self-developed video conference intelligent services based on AI face recognition. 5g power supply solutions have been delivered on a large scale, and smartli energy storage solutions are applied in mainstream operation scale

in terms of government and enterprise business, ZTE seized the opportunity of digital transformation, focused on the four major industries of government, transportation, energy and finance, focused on the sales of self-developed products, improved its profitability and sustainable operation ability through product optimization and product competitiveness, and optimized the market pattern. Transmission products have maintained their advantages in the power and transportation industries, and their market share has increased steadily; Server products have made comprehensive breakthroughs in finance, energy, transportation and other industries. Goldendb, a financial transaction distributed database, has been piloted and tested in many banks, and the distributed database project of Guangdong rural credit cooperatives has been successfully implemented. ZTE has actively deployed new industries such as smart city, ubiquitous power IOT and expressway etc, laying a solid foundation for future growth and subsequent market expansion. Relying on the 5g+mec boutique network, the middle office of the five capabilities has gone deep into the business process enabling industry. 5g smart workshop, 5g smart retail, 5g venue live broadcast, 5g cloud XR platform, 5g smart electricity and many other innovative applications have been highly recognized in the industry. In the third quarter, ZTE signed strategic cooperation agreements with Hisense, Greenland, GAC and other customers, continued to promote the implementation of 5g+ cooperation projects such as Zhejiang zhongkong, Xinhua news agency and Tianjin port, and actively promoted the construction of 5g industry ecosystem

in terms of consumer business, ZTE continued to strengthen 5g terminal cooperation with more than 20 operators around the world, and further enriched and improved its serialized multi form 5g terminal product line. ZTE Tianji axon 10 Pro 5g has been released in many countries around the world, becoming the first commercial 5g in China, northern Europe and the Middle East. 5g indoor routers have been officially put into commercial use in the markets of China, Austria, the United Arab Emirates and other countries. In addition, the 5g module zm9000 takes the lead in opening up data services under the 5g nsa/sa network. This indicates that ZTE 5g module has realized 5g end-to-end switching, and can support NSA and SA networks at the same time

ZTE is committed to strengthening independent innovation and building the core competitiveness in the 5g era. The new generation of 5g wireless system chips and bearer switching chips are both flexible and efficient. They have significant advantages in 5g feature support, and their performance has been gradually verified in field tests. 5g multi-mode if chip, with the innovative technology of super large-scale SoC Design under the leading process, has been recognized by industry authorities and won the 2019 China chip excellent technology innovation product award

as a major participant and contributor in the global 5g technology research and standard setting, ZTE serves as the vice chairman of ran2 and ran3 in 3GPP, an important global communication standard organization. More than 40 experts serve as the chairman and Rapporteur of major international standardization organizations around the world. As of June 15, ZTE disclosed 1424 families of 3GPP 5g SEP (standard essential patents) to ETSI (European Telecommunications Standardization Association), ranking among the top three in the world

in terms of network security, ZTE is committed to continuous safety improvement, enhancing the frequency of safety evaluation activities and the management and control of safety process, and improving the team of full-time safety personnel and certified safety experts. At the same time, relying on the safety laboratories at home and abroad, it cooperates with industry associations, partners and universities in the fields of certification, evaluation and scientific research, maintains close communication with industry regulators, and carries out independent safety evaluation and certification of main products and 5g schemes with third-party independent evaluation institutions

facing the next reporting period, ZTE will continue to focus on its main business, strengthen implementation, further optimize the market pattern, improve market share, operate steadily and achieve quality growth

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