On April 6, ZTE announced the announcement, and Mr. Hou Weigui, who was at the helm of ZTE for 30 years, stepped down and officially announced that Dr. Zhao Xianming was the chairman and CEO. At this time, just on March 7th, the United States listed the embargo for three months for ZTE and its affiliated companies.
ZTE’s management has seen new and old exchanges. The announcement shows that Shi Lirong, the former CEO of ZTE, has retained the position of director of the new board of directors and continues to perform his duties as a director. After 30 years of glorious history, ZTE has completed a shift to a young, professional and energetic new generation of management, and will travel to the wider sea of ​​stars along the direction indicated by the M-ICT strategy.
According to a letter from C114 that “the chairman and the president sent a letter to all employees†from ZTE, the new management will increase the requirements and assessments of the management at all levels and strengthen the strategic execution; Reform, further rationalize the relationship between employees and the company; in addition, strengthen the results-oriented, to "go to the bureaucratic culture, to go to the style of work."
On the high-level change point, why did this happen suddenly? It is reported that the deviation of ZTE's high-level changes has originated from the pressure of the US.
In early March, the US Department of Commerce accused ZTE of violating US embargo policies imposed on Iran and other countries, and imposed export restrictions on them. Then on March 10, the ZTE Working Group set out for the United States to hold talks with the US Department of Commerce. After two weeks of mediation, the two sides reached an agreement around March 22, and the US decided to temporarily cancel the export restrictions. However, as an agreement In part, the top level associated with the incident needs to leave. This has happened with the above changes.
It is worth mentioning that several senior executives of ZTE gave up their own interests and exchanged their jobs in exchange for the US Department of Commerce to lift export restrictions on ZTE. This reflects the dedication and noble personality of a generation of Chinese professional managers. In the process of ZTE's growth and development, they shouldered the heavy burden of ZTE, and the road was slow. It was not personal interests to support them, but the responsibility for the development of employees and enterprises.
Firm belief, reform, rebirth, innovation, re-creation
- A letter from the chairman and president to all employees
All employees of ZTE Corporation:
The 30th anniversary of ZTE has just passed. I and the new management team have taken over from the board of directors and president of history to the baton of the future. In the journey of a hundred years of foundation and hard work, we will uphold the conviction of ZTE people's self-improvement, strive for innovation, and live up to the ardent expectations of employees, shareholders, customers, partners and people from all walks of life who love us.
"Bao Jianfeng has been self-defeating." ZTE has never been smooth since its inception and has grown into a world-class enterprise. However, we have never been obstructed by difficulties and have never stopped because of setbacks. We rely on higher and farther ideals and self-improvement beliefs to turn every difficult danger into a driving force for progress. In the face of the current crisis, we are open and honest, and all sectors of the society sincerely help each other. The severe situation has eased. Standing at a new starting point, we need to reflect on self-examination, attach great importance to compliance and law, fight corruption and promote honesty, rebuild the business philosophy with a brand-new image and take concrete measures to turn crisis into opportunity.
With 30 years of hard work, ZTE has been at the forefront of the industry. Today we provide products and services to more than 1 billion users worldwide, and we have a voice that cannot be ignored in the global communications industry. Opportunities such as big video, big data, Internet of Things, cloud computing, 5G, and virtual augmented reality are constantly emerging. In this best era, the pace of our globalization will not stop. We must recognize the industry trends and adhere to the general direction determined by the M-ICT strategy; the business plan, long-term performance commitments and phase objectives will remain unchanged in 2020; the company's incentives for employees will remain unchanged; the company will firmly implement project management, The management change of efficiency improvement remains unchanged.
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