FORM 2 - Corporate Substantial Shareholder Notice
 
Form Serial Number: CS20260831E00421 
1. Date of relevant event: 26/08/2026
(dd/mm/yyyy)
2. Date when the substantial shareholder becomes aware of the relevant event / interest in the shares (if later):
(dd/mm/yyyy)
3. Stock code: 00763
4. Name of listed corporation: ZTE Corporation - H Shares 
5. Class of shares: H Shares 
6. Number of issued shares in class: 755,502,534
7. Name of substantial shareholder: Citigroup Inc. 
8. Registered office: 388 Greenwich Street, New York, 10013, USA
9. Principal place of business in Hong Kong: 50/F, Champion Tower, 3 Garden Road, Central, Hong Kong 
15. Exchange on which listed: NYSE
16. Name of listed parent and exchange on which parent is listed:  
17. Details of relevant event:
  Brief description of relevant event Capacity in which shares were/are held Number of shares bought/sold or involved Currency of transaction On Exchange Off Exchange
Before relevant event After relevant event Highest price (per share) Average price (per share) Average consideration (per share) Nature of consideration
Long position
1004You first acquire a notifiable interest because:
you acquired a security interest in the shares
2106Person having a security interest in shares
 6,410,026 HKD
Short position 
1403You came to have a short position of 1% or more in the shares, or the percentage level of your short position in such shares increased because:
any other event (you must briefly describe the relevant event in the Supplementary Information box)
 
 
2201Interest of corporation controlled by you
 		 302,872           
18. Total shares immediately before the relevant event:
 Total number of sharesPercentage figure (%)
Long position31,998,0774.23
Short position21,813,3372.88
Lending Pool10,794,7491.42
19. Total shares immediately after the relevant event:
 Total number of sharesPercentage figure (%)
Long position38,408,1035.08
Short position22,116,2092.92
Lending Pool10,794,7491.42
20. Capacity in which interests disclosed in Box 19 are held:
Capacity codeNumber of shares
2106Person having a security interest in shares
Long position6,005,168
Short position0
2201Interest of corporation controlled by you
Long position21,608,186
Short position22,116,209
2502Approved lending agent
Long position10,794,749
Short position0

21. Further information in respect of derivative interests:
Derivatives codeNumber of shares
4103Listed derivatives - Convertible instruments
Long position11,347,188
Short position0
4105Unlisted derivatives - Physically settled
Long position0
Short position1,152,577
4106Unlisted derivatives - Cash settled
Long position2,276,258
Short position5,576,287
22. Further information in relation to interests of corporations controlled by substantial shareholder:
Name of controlled corporationAddress and place of incorporationName of controlling person% controlDirect interest (Y/N)Number of shares
Citicorp LLC388 Greenwich Street, New York, NY 10013, USACitigroup Inc.100.00N
Long position10,794,749
Short position0
Citibank, N.A.5800 S Corporate Place, Sioux Falls, SD 57108, Lincoln, USACiticorp LLC100.00Y
Long position10,794,749
Short position0
Citigroup Global Markets Holdings Inc.388 Greenwich Street, New York, NY 10013, USACitigroup Inc.100.00N
Long position27,613,354
Short position22,116,209
Citigroup Financial Products Inc.388 Greenwich Street, New York, NY 10013, USACitigroup Global Markets Holdings Inc.100.00N
Long position27,613,354
Short position22,116,209
Citigroup Global Markets Hong Kong Limited50/F, Champion Tower, Three Garden Road, Central, Hong KongCitigroup Financial Products Inc.100.00Y
Long position0
Short position1,152,577
Citigroup Global Markets Inc.388 Greenwich Street, New York, NY 10013, USACitigroup Financial Products Inc.100.00Y
Long position5,492,704
Short position6,770,206
Citigroup Global Markets Holdings Bahamas LimitedCaves Corporate Centre Building No. 2, West Bay Street P.O. Box N-1576, Nassau, New Providence, BahamasCitigroup Financial Products Inc.90.00N
Long position22,120,650
Short position14,193,426
Citigroup Global Markets LimitedCitigroup Centre, Canada Square, Canary Wharf, London E14 5LB, EnglandCitigroup Global Markets Holdings Bahamas Limited100.00Y
Long position22,120,650
Short position14,193,426

23. Further information in relation to interests held by substantial shareholder jointly with another person:
Name of joint shareholderAddressNumber of shares
 
24. Further information from a trustee, a beneficiary of a trust, or a person who set up a discretionary trust:
Names of trustAddressStatus codeNumber of shares
  
25. Further information from a party to an agreement under Section 317 (Please see Notes for further information required):
Names of other partiesAddressNumber of shares
 
Total number of shares in which a substantial shareholder is interested under sections 317 and 318
26. Details of person(s) in accordance with whose directions the substantial shareholder or its directors are accustomed to act:
NamesAddressRelationship CodePercentage (%)
  
 
27. Supplementary information: Citigroup Inc. first acquired a notifiable interest of 5% in long and had a short position of 1%.
28. Log/Serial Number of the previous form:
29. Number of concert party document(s) under section 317 attached/uploaded:
Date of filing this Form 2: 31/08/2026
(dd/mm/yyyy)