ZTE: sanctions in the US are unacceptable to ZTE.

category:Internet
 ZTE: sanctions in the US are unacceptable to ZTE.


But the United States has made a decision to activate ZTE and ZTEs refusal due to the failure of some employees to deduct bonuses and send a disciplinary letter in time and to believe in false statements. In this regard, ZTE believes that such a punishment is extremely unfair and unacceptable. The following is the statement of ZTEs statement on activation of the US Commerce Departments refusal order. Since April 2016, ZTE has learned the lessons of the compliance of export control and attaches great importance to the compliance of export control, and regards compliance as the cornerstone of the companys strategy and the premise and bottom line of its operation. ZTE established a compliance management committee directly led by the president; established a team of senior export control experts covering the world; introduced a number of internationally leading advisory units to provide professional guidance, build and optimize the regulatory framework, system and process of ZTEs export control, and introduce and implement the SAP trade compliance Control tools (GTS); organize compliance training over 65 thousand employees; fully cooperate with the United States independent compliance inspector for the implementation of real time and transparent supervision of ZTEs implementation of related agreements and export control compliance with the US government, providing more than 132 thousand pages of documents. In 2017, ZTE spent more than 50 million US dollars on export control compliance projects, and plans to invest more resources in 2018. BIS ignored the hard efforts, great investment and great progress of ZTE in following the past two years in compliance with export control compliance; ignoring the problems mentioned in the two correspondence mentioned above is the companys self inspection discovery and timely notification; disregard of the companys first time to deal with the negligent responsibilities of the company, and to quickly correct the problem and hire it. An independent investigation by the authority of the American law. Before the end of the relevant investigation, BIS insisted on giving the company the most severe sanctions, which is very unfair to ZTE. We can not accept it. The refusal order will not only seriously jeopardize the survival of ZTE, but also harm the interests of all ZTEs partners, including a large number of American companies. ZTE does not give up the efforts to solve problems through communication and dialogue, and is determined to maintain its legitimate rights and interests through all the means allowed by law, safeguard the legitimate rights and interests of all employees and shareholders, and fulfill the responsibilities of global customers, consumer users, partners and suppliers. As a global enterprise growing up in China, ZTE will unite all staff, strengthen confidence, unite together and tide over difficulties together.