On July 3, ZTE Corporation rose 3.05% in regular trading, trading at HK$22.98/share, with turnover of HK$141 million.

On the news front, ZTE disclosed on July 2 that as of June 30, the company had cumulatively repurchased approximately 24.56 million A-shares via centralized bidding on the Shenzhen Stock Exchange, accounting for 0.51% of total share capital. The total buyback expenditure reached approximately RMB 855 million, with repurchase prices ranging from RMB 34.44 to RMB 35.16 per share. The shares are designated for employee stock ownership plans or equity incentives. Additionally, ZTE confirmed it will pay a final dividend for fiscal year 2025 of HK$4.7277 per 10 shares on July 10 to shareholders of record.

The sustained buyback program, which saw RMB 182 million deployed on June 29 alone for approximately 5.19 million shares, signals management confidence in the company's intrinsic value. The imminent dividend payment provides further near-term shareholder return visibility.

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