ZTE special quarterly report: net profit increase, but can not guarantee authenticity.

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 ZTE special quarterly report: net profit increase, but can not guarantee authenticity.


Specifically, in the first quarter of 2018, ZTE realized 28 billion 880 million yuan in operating revenue, an increase of 12.18% over the same period. The net profit attributable to common shareholders of listed companies was 1 billion 687 million yuan, up 39.01% over the same period. The net profit of non operating profit and loss attributable to common stock shareholders of listed companies was 1 billion 368 million yuan RMB, up 27.93%, and the basic earnings per share of RMB per share were 0.40 yuan per share. In the first quarter of 2018, R & D invested 3 billion 431 million yuan, accounting for 11.9% of revenue. ZTE can not guarantee its authenticity, accuracy and completeness. Since the BIS activation of the refusal order, the company has prepared the first quarter 2018 report on the basis of the principles of enterprise accounting and the principles of authenticity, accuracy and integrity; after the BIS activation of the refusal order, the matter will affect the authenticity, accuracy and completeness of the first quarter report of 2018, according to the provisions of the accounting standards of the enterprise, The report is based on the assumption that the company has not had an impact on the first quarter report of 2018. According to ZTEs earnings report, the impact of refusal on ZTE is currently being assessed. After the companys comprehensive and accurate estimation of the impact of the refusal on the companys first quarter report in 2018, ZTE will recompile the first quarter report in 2018 and disclose it. It is said that this is a quarterly report in a special period. There is no precedent in the capital market. ZTE will increase its investment to enhance its ability Aside from the policy influence, the ZTE financial report shows the technological advantages in 5G and other fields. The report showed that in the top 100 list of global R & D inputs in 2017, the United States accounted for 36 of the top 36, followed by 14 in Japan, 13 in Germany and 10 in China (including 3 in Taiwan), while ZTE was second only to the HUAWEI and the Alibaba in the mainland of China. In terms of patent performance, 2017 is the top three PCT international patent application of ZTE for eighth consecutive years. It is the only enterprise in China for eight years to win this award. It is one of the most powerful technology companies in Chinas scientific and technological innovation, and a few of Chinas participation or even leading to the formulation of global 5G standards. According to the data, in the field of chip, ZTE has applied for more than 3600 patents, including more than 1700 international patents; especially in wireless connection, ZTE has basic patents and high value patents. There are hundreds of invention patents on the 5G soft baseband chip, and the 5G bearing network access chips occupy up to 30% of the city. Field share. ZTE emphasizes that it will further increase R & D investment and continue to aim at core technological innovation. In the 5G core technology field, which represents the future of the communications industry, ZTE has set up more than 4500 5G technology R & D teams, with a special investment of 3 billion yuan a year, which is the main contributor to the global 5G standard research. Not long ago, ZTE opened the first 5G phone in China based on the 3GPPR15 standard. (quiet) source: NetEase science and technology report editor: Bai Xin _NT4464 ZTE emphasizes that it will further increase R & D investment and continue to aim at core technological innovation. In the 5G core technology field, which represents the future of the communications industry, ZTE has set up more than 4500 5G technology R & D teams, with a special investment of 3 billion yuan a year, which is the main contributor to the global 5G standard research. Not long ago, ZTE opened the first 5G phone in China based on the 3GPPR15 standard. (quiet)