2012 Annual Report - ZTE

More documents

Recommendations

Info

ZTE CORPORATIONDefinitions“Changfei”“Zhongxing Development”“Zhongxing Hetai”“ZTE Special Equipment”“CCBI”“Guangdong All Access”“China All Access”“Ocean Delight”“ZNV”“CCT”“CDB”“ZTE ITS”“Juxian”“Zhongxing Microelectronics”“Guangdong New Pivot”“Nationz Technologies”“Jufei”“Speed”“ZTE Capital”“Zhonghe Chunsheng Fund”“Zhongxing Xindi”“Zhongxing Xinyu”“Zhongxing Xinzhou”“Mobi Antenna”“Huatong”“Nanchang Software”“Chongqing ZhongxingDevelopment”“Lead”“Ruide”“ZTE Group Finance”“BOCHK”“ZTE France”Shenzhen Changfei Investment Company LimitedZhongxing Development Company Limited (formerly “Shenzhen ZhongxingDevelopment Company Limited” and renamed “Zhongxing DevelopmentCompany Limited”.)Shenzhen Zhongxing Hetai Hotel Investment and Management Company LimitedShenzhen ZTE Special Equipment Company LimitedCCB International (Shenzhen) Investment Co., Ltd.Guangdong All Access Noter Communication Technology Co., Ltd.China All Access (Holdings) LimitedOcean Delight Investments LimitedShenzhen ZNV Technology Co., Ltd.Congo Chine Telecom S.A.R.L.China Development Bank CorporationZTE ITS LTD. (Wuxi)Shenzhen Juxian Investment Co., Ltd.Shenzhen Zhongxing Microelectronics Technology Company LimitedGuangdong New Pivot Technology & Service Company LimitedNationz Technologies, Inc.Shenzhen Jufei Optoelectronics Co., Ltd.Huizhou Speed Wireless Technology Co., Ltd.Shenzhen ZTE Capital Management Company LimitedShenzhen Zhonghe Chunsheng Partnership Private Equity Fund IShenzhen Zhongxing Xindi Telecommunications Equipment Company LimitedShenzhen Zhongxing Xinyu FPC Company LimitedShenzhen Zhongxing Xinzhou Complete Equipment Company LimitedMobi Antenna Technologies (Shenzhen) Co., Ltd.Huatong Technology Company LimitedZhongxing Software Technology (Nanchang) Company LimitedChongqing Zhongxing Development Company LimitedShenzhen Lead Communications Company LimitedShenzhen Ruide Electronic Industrial Company LimitedZTE Group Finance Co., Ltd.Bank of China (Hong Kong) LimitedZTE France SASU4
ANNUAL REPORT 2012GlossaryThis glossary contains definitions of certain technical terms used in this report as they relate to the Group. Someof these definitions may not correspond to standard industry definitions or usage.2G3G4GGSMCDMAUMTSTD-SCDMALTESDR platformSecond-generation mobile networks utilizing digital wireless technology to providelarger network capacity, improved voice quality and encryption and seamlessinternational roaming for users. Existing mobile communications networks aremainly 2G GSM and CDMA utilizing GSM, GPRS and IS-95B technology for CDMAwith a data supply capacity of up to 115.2Kbps, or 384Kbps in case of GSMfeaturing EDGE technology.Third-generation mobile networks supporting peak data rates of 144Kbps at mobileuser speeds, 384Kbps at pedestrian user speeds and 2Mbps in fixed locations,although some initial deployments were configured to support just 64Kbps. ITUcoordinates 3G standards through its IMT-2000 project and key standardizationorganizations such as 3GPP and 3GPP2.IMT-Advanced standards as defined by ITU, including LTE-Advanced and WirelessMAN-Advanced (802.16m) standards, supporting theoretical download rates of1Gbit/s in fixed locations and 100Mbit/s in motion.A global system for cellular mobile communications originated in Europe, whichhas been deployed in more than 170 countries using TDMA radio propagationtechnology.Code division multiple access, one of the technology standards for 2G mobilecommunications. It is a spread spectrum technology standard that assigns apseudo-noise (PN) code to all voice and data bits, sends a scrambled transmissionof the encoded voice over the air and reassembles the voice in its original format.By assigning a unique correlating code to each transmitter, several simultaneousconversations can share the same frequency allocations.A reference to WCDMA standards generally used in Europe. 3G technologieshave been collectively referred to as UMTS (Universal Mobile TelecommunicationsSystem) by European Telecommunications Standards Institute (ETSI) since theearly 1990s.Time division synchronous code division multiple access, a 3G technologydeveloped by China to support voice and data transmission.LTE (Long Term Evolution) refers to the long-term evolution of 3G technology withOFDM as the core technology, and is regarded as 4G in the making. LTE is beingpromoted by 3GPP and its major performance targets include maximum speedsof 100Mbps (download) and 50Mbps (upload) using 20MHz bandwidth. There aretwo types of LTE, distinguished by the mode of division duplex, namely FDD-LTEof frequency division and TDD-LTE of time division.Software Defined Radio, a technology where different modes and protocols areimplemented by modifications in software and configuration without hardwarereplacement. The SDR technology provides solutions to a multi-mode, multifrequencyand scalable wireless system. The SDR platform is a new-generationmulti-mode, multi-frequency and scalable wireless technology platform developedby ZTE.5
Page 2 and 3: ImportantThe Board of Directors, Su
Page 5: ANNUAL REPORT 2012DefinitionsIn thi
Page 9 and 10: ANNUAL REPORT 2012Bearer networkCor
Page 11 and 12: ANNUAL REPORT 2012Corporate Informa
Page 13: ANNUAL REPORT 201210 AuditorsPRCErn
Page 20 and 21: ZTE CORPORATIONMajor Events of the
Page 22 and 23: ZTE CORPORATIONHighlights of accoun
Page 24 and 25: ZTE CORPORATIONHighlights of accoun
Page 28 and 29: ZTE CORPORATIONReport of the Board
Page 33 and 34: ANNUAL REPORT 20125. Breakdown of t
Page 35 and 36: ANNUAL REPORT 2012(3) Assets and li
Page 37 and 38: ANNUAL REPORT 2012In 2012, the Grou
Page 39 and 40: ANNUAL REPORT 2012Details in invest
Page 41: ANNUAL REPORT 20122. Liquidity risk
Page 45 and 46: ANNUAL REPORT 20123Change in the us
Page 51 and 52: ANNUAL REPORT 2012Nature Location T
Page 53 and 54: ANNUAL REPORT 2012(4) Interest rate
Page 56:
ZTE CORPORATIONManagement Discussio
Page 59:
ANNUAL REPORT 2012CAPITAL EXPENDITU
Page 62:
ZTE CORPORATIONMaterial Matters(I)M
Page 65 and 66:
ANNUAL REPORT 2012Huawei’s litiga
Page 67 and 68:
ANNUAL REPORT 2012(11) In May 2012,
Page 69 and 70:
ANNUAL REPORT 2012(IV)ASSET TRANSAC
Page 71 and 72:
ANNUAL REPORT 2012(3) Progress of t
Page 73 and 74:
ANNUAL REPORT 20125. Updates on the
Page 75 and 76:
ANNUAL REPORT 20125. Status of liab
Page 77 and 78:
ANNUAL REPORT 2012(VIII) PASSING OF
Page 79 and 80:
ANNUAL REPORT 2012(XIV) SIGNIFICANT
Page 81 and 82:
ANNUAL REPORT 2012At the Thirtieth
Page 83 and 84:
ANNUAL REPORT 2012(4) Creditors and
Page 85 and 86:
ANNUAL REPORT 2012Ruide will still
Page 87 and 88:
ANNUAL REPORT 2012A potential suppl
Page 89 and 90:
ANNUAL REPORT 2012• Pricing and o
Page 91 and 92:
ANNUAL REPORT 2012Guaranteed partyD
Page 93 and 94:
ANNUAL REPORT 2012Note 5:It was app
Page 95 and 96:
ANNUAL REPORT 2012(XVI) UNDERTAKING
Page 97 and 98:
ANNUAL REPORT 2012Changes in Shareh
Page 99 and 100:
ANNUAL REPORT 2012(III)ISSUE AND LI
Page 101 and 102:
ANNUAL REPORT 2012Shareholdings of
Page 103 and 104:
ANNUAL REPORT 2012Aerospace Guangyu
Page 105 and 106:
ANNUAL REPORT 2012Directors, Superv
Page 107 and 108:
ANNUAL REPORT 2012Ms. Qu Xiaohui, b
Page 109 and 110:
ANNUAL REPORT 2012Ms. Xu Weiyan, bo
Page 111 and 112:
ANNUAL REPORT 2012Mr. Pang Shengqin
Page 113 and 114:
ANNUAL REPORT 2012(II)CHANGES IN TH
Page 115 and 116:
ANNUAL REPORT 2012Name Name of othe
Page 117:
ANNUAL REPORT 2012Note 7: Ms. Qu Xi
Page 120 and 121:
ZTE CORPORATIONDirectors, Superviso
Page 122 and 123:
ZTE CORPORATIONCorporate Governance
Page 125 and 126:
ANNUAL REPORT 2012III.Information o
Page 127 and 128:
ANNUAL REPORT 2012Finally, the Audi
Page 129 and 130:
ANNUAL REPORT 2012With respect to a
Page 131 and 132:
ANNUAL REPORT 2012(I)Functions of t
Page 133 and 134:
ANNUAL REPORT 2012regular Board of
Page 135 and 136:
ANNUAL REPORT 20124. In respect of
Page 137 and 138:
ANNUAL REPORT 2012e) consider the r
Page 139 and 140:
ANNUAL REPORT 2012(III)The Audit Co
Page 141 and 142:
ANNUAL REPORT 2012r) consider the r
Page 143 and 144:
ANNUAL REPORT 2012(IV)Corporate gov
Page 145 and 146:
ANNUAL REPORT 2012VIII. Accountabil
Page 147 and 148:
ANNUAL REPORT 20123. Internal contr
Page 149 and 150:
ANNUAL REPORT 20122. Statement of t
Page 151 and 152:
ANNUAL REPORT 2012Report of the PRC
Page 153 and 154:
ANNUAL REPORT 2012Consolidated Bala
Page 155 and 156:
ANNUAL REPORT 2012Consolidated Inco
Page 157 and 158:
ANNUAL REPORT 2012Consolidated Cash
Page 159 and 160:
ANNUAL REPORT 2012Balance Sheet (co
Page 161 and 162:
ANNUAL REPORT 2012Statement of Chan
Page 163 and 164:
ANNUAL REPORT 2012Notes to Financia
Page 165 and 166:
Page 167 and 168:
Page 169 and 170:
Page 171 and 172:
Page 173 and 174:
Page 175 and 176:
Page 177 and 178:
Page 179 and 180:
Page 181 and 182:
Page 183 and 184:
Page 185 and 186:
Page 187 and 188:
Page 189 and 190:
Page 191 and 192:
Page 193 and 194:
Page 195 and 196:
Page 197 and 198:
Page 199 and 200:
Page 201 and 202:
Page 203 and 204:
Page 205 and 206:
Page 207 and 208:
Page 209 and 210:
Page 211 and 212:
Page 213 and 214:
Page 215 and 216:
Page 217 and 218:
Page 219 and 220:
Page 221 and 222:
Page 223 and 224:
Page 225 and 226:
Page 227 and 228:
Page 229 and 230:
Page 231 and 232:
Page 233 and 234:
Page 235 and 236:
Page 237 and 238:
Page 239 and 240:
Page 241 and 242:
Page 243 and 244:
Page 245 and 246:
Page 247 and 248:
Page 249 and 250:
Page 251 and 252:
Page 253 and 254:
Page 255 and 256:
Page 257 and 258:
Page 259 and 260:
Page 261 and 262:
Page 263 and 264:
Page 265 and 266:
Page 267 and 268:
Page 269 and 270:
Page 271 and 272:
Page 273 and 274:
Page 275 and 276:
Page 277 and 278:
Page 279 and 280:
Page 281 and 282:
Page 283 and 284:
Page 285 and 286:
Page 287 and 288:
Page 289 and 290:
Page 291 and 292:
Page 293 and 294:
Page 295 and 296:
Page 297 and 298:
Page 299 and 300:
Page 301 and 302:
Page 303 and 304:
Page 305 and 306:
Page 307 and 308:
Page 309 and 310:
Page 311 and 312:
ANNUAL REPORT 2012Supplementary Inf
Page 313 and 314:
ANNUAL REPORT 2012Supplementary Inf
Page 315 and 316:
ANNUAL REPORT 2012Independent Audit
Page 317 and 318:
ANNUAL REPORT 2012Consolidated Stat
Page 319 and 320:
Page 321 and 322:
Page 323 and 324:
Page 325 and 326:
ANNUAL REPORT 2012Statement of Fina
Page 327 and 328:
Page 329 and 330:
Page 331 and 332:
Page 333 and 334:
Page 335 and 336:
Page 337 and 338:
Page 339 and 340:
Page 341 and 342:
Page 343 and 344:
Page 345 and 346:
Page 347 and 348:
Page 349 and 350:
Page 351 and 352:
Page 353 and 354:
Page 355 and 356:
Page 357 and 358:
Page 359 and 360:
Page 361 and 362:
Page 363 and 364:
Page 365 and 366:
Page 367 and 368:
Page 369 and 370:
Page 371 and 372:
Page 373 and 374:
Page 375 and 376:
Page 377 and 378:
Page 379 and 380:
Page 381 and 382:
Page 383 and 384:
Page 385 and 386:
Page 387 and 388:
Page 389 and 390:
Page 391 and 392:
Page 393 and 394:
Page 395 and 396:
Page 397 and 398:
Page 399 and 400:
Page 401 and 402:
Page 403 and 404:
Page 405 and 406:
Page 407 and 408:
Page 409 and 410:
Page 411 and 412:
Page 413 and 414:
Page 415 and 416:
Page 417 and 418:
Page 419 and 420:
Page 421 and 422:
Page 423 and 424:
Page 425 and 426:
Page 427 and 428:
Page 429 and 430:
Page 431 and 432:
Page 433 and 434:
show all

2012 Annual Report - ZTE

Create successful ePaper yourself

Delete template?

Save as template?