
Core Viewpoint - The appointment of Fang Rong as the new chairman of ZTE Corporation marks a significant leadership transition, emphasizing the company's commitment to innovation and strategic development in the face of evolving industry challenges [1][2][3]. Company History and Development - ZTE Corporation has a 40-year history, starting with the launch of China's first programmable switching system, and has evolved through various generations of mobile technology from 2G to 5G [3]. - The company has faced numerous industry cycles and external challenges but has maintained resilience and a commitment to innovation, which has been a cornerstone of its growth [3]. Leadership Transition - Fang Rong expressed gratitude to shareholders, the board, and employees for their trust and support, acknowledging the weight of her new responsibilities [1][2]. - The previous chairman, Li Zixue, is credited with guiding the company through difficult times and establishing a solid foundation for future growth, particularly in the context of 5G development and AI strategy [3][4]. Current Industry Landscape - The external environment is increasingly complex, with 5G networks reaching maturity and the rise of AI-driven industrial revolutions presenting both opportunities and challenges [4]. - The company is transitioning from a focus on connectivity to a model that integrates "connectivity + computing power," which is seen as essential for future growth [4][5]. Strategic Vision - The company aims to maintain strategic focus, enhance technological innovation, and uphold its cultural values to navigate the challenges ahead [4][5]. - There is a commitment to fostering partnerships globally, accelerating the deployment of digital infrastructure, and promoting sustainable practices in line with global initiatives [5].