Is ZTE a state-owned enterprise?

ZTE is a state-owned enterprise.

ZTE (English: CHINA high-TECH GROUP co, Ltd.) is led by the Ministry of Education 1992 and co-founded by 36 key universities. 1996, ZTE is listed on the Shanghai Stock Exchange with the stock code of 600730. ZTE's shareholders come from Peking University, China Renmin University, Fudan University and other universities.

Through a full range of wireless, wired, commercial, terminal products and professional communication services, we can meet the differentiated needs of different operators around the world. As a national key high-tech enterprise, technological innovation pilot enterprise and national 863 high-tech achievement transformation base, ZTE has undertaken nearly 30 national "863" major projects, and is one of the enterprises undertaking the largest number of national 863 projects in the field of communication equipment.

Annual investment in scientific research accounts for about 65,438+00% of sales revenue, and 65,438+04 research centers have been established in the United States, India, Sweden and China.

The world's leading provider of integrated communication solutions and the largest listed company of communication equipment in China. The main products include: 2G/3G/4G/5G wireless base stations and core networks, IMS, fixed network access and bearer, optical networks, chips, high-end routers, intelligent switches, government and enterprise networks, big data, cloud computing, data centers, mobile phones and home terminals, smart cities, ICT services, aviation, railway and urban rail transit signal transmission equipment.

So ZTE is a state-owned enterprise.

Extended data:

Functions of ZTE:

(1) Credit intermediary function.

Functions that best reflect the characteristics of its business activities. The essence of this function is to concentrate all kinds of idle money in the society in the bank through debt business, and then invest it in various economic departments through asset business; A commercial bank is an intermediary or representative for both borrowers and borrowers of monetary funds to achieve financial intermediation.

And from the difference between the cost of absorbing funds and the interest income of loans and investment income, interest income is obtained to form bank profits. Commercial banks have become "big businessmen" buying and selling "capital goods". Realizing the financing between capital surplus and shortage through the role of credit intermediary does not change the ownership of monetary capital, but only changes its right to use.

(2) Payment intermediary function.

Perform the functions of the currency management industry. Through the transfer of deposits in the account, you can pay on behalf of customers, pay cash for customers on the basis of deposits, and become the currency keeper, cashier and payment agent of industrial and commercial enterprises, groups and individuals. Taking this as the center, an endless payment chain and the relationship between creditor's rights and debts are formed in the economic process.

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