The legal representative of Tang Yi Semiconductor receiving Golder Communication is Beijing Yizhuang International Industrial Investment Management Co., Ltd., and the largest shareholder is Beijing Yizhuang International Emerging Industry Investment Center (Limited Partnership). After the equity penetration, the ultimate beneficiary is the Financial Audit Bureau of Beijing Economic and Technological Development Zone. On the evening of 2002 111,ZTE announced in official website that due to the company's strategic development, ZTE abandoned its private network business for1billion yuan and sold its Gundam communication.
However, in the eyes of the industry, in addition to the above reasons, ZTE chose to sell the cluster business at this moment, more because the business itself "has little effect" within ZTE, and the attributes of the business are becoming "chicken ribs" in the 5G era. Under the consideration of optimizing the financial report data, ZTE is obviously more inclined to resell business.