What kind of experience will it be to work in ZTE?

I think Bao withdrew from the ranks of ZTE directors in order to protect the company's image and thus maintain the proper stability of the company's stock. Have you made clear the difference between listed companies and unlisted companies? Most listed companies attach great importance to their brand image, what's more, the stock price of listed companies has a great relationship with the company image. Non-listed companies do not need to consider the stock issue. Although the capital flow of non-listed companies is a big problem, non-listed companies will reduce a lot of trouble. We can also think that every situation has advantages and disadvantages, depending on how you consider the difference and treatment between listed companies and unlisted companies.

As a leading enterprise in China's communication industry, ZTE has contributed to China's modernization and information construction, but as a listed company, ZTE must bear certain risks. I once bought an electronic product of ZTE, which has high performance and cost performance. In recent years, ZTE's smart phone industry has developed very slowly, unlike Huawei and Xiaomi.

As a result, ZTE can't take huge risks, and its own development has experienced the biggest decline. If a director of the company has a scandal, ZTE's stock will also fall. People say that ZTE has great creativity and ability to change, but we should also consider having stocks and shareholders. This is the shortcoming of listed companies, so we should always pay attention to our words and deeds. Even if it is not the person in charge of the company, a director of the company has a scandal, and the company's stock will change.

For listed companies, it is indeed a very good means to quickly cut off the labor relationship between the company and the relevant responsible persons, which can achieve the purpose of self-protection. Moreover, in the statement released by ZTE's official blog, we can see that it is still very embarrassing for him, but ZTE's share price is still falling, but this cannot be completely attributed to this incident, and it also has a great relationship with the industry sector and market environment of the day.

In ZTE's introduction to independent directors, he wrote that Mr. Bao has rich experience in Chinese and American laws and compliance, so it is still very important to ZTE, especially when Trump sanctions ZTE. This may also be the reason why ZTE wrote about his resignation, not the termination of the contract.