During the suspension period, the Company was on April 17, 2018, April 20, 2018, April 22, 2018, April 25, 2018, May 1, 2018, May 6, 2018, May 2018, and 2018. On May 9 and May 16, 2018, announcements concerning the suspension of the A shares of the company, the order issued by the BIS and related influences, the action taken by the company and related parties and the announcement of the continued suspension of the A shares of the company were issued.
at the same time,ZTE also announced news of controlling shareholder’s increase in holdings:From May 24, 2017 to June 15, 2017, Zhongxingxin added a total of 2,038 shares of H shares of the company through the Shenzhen-Hong Kong Stock Market Trading Interconnection mechanism, which accounted for about the total H shares of the company as of the date of this announcement. 0.27% of the company's shares accounted for approximately 0.049% of the total shares of the company as of the date of this announcement. After the above increase in holdings, Zhongxingxin holds a total of 1.269 billion shares of the company (including holding 1.269 billion A shares and holding 2.038 million H shares), accounting for approximately 30.34% of the company's total shares as of the date of this announcement.
At the regular press conference of the Ministry of Foreign Affairs on May 22, Foreign Ministry Spokesman Lu Wei said in response to a reporter's question about ZTE Corporation that the two sides had issued a joint statement after China and the United States held consultations on economic and trade issues in Washington.
China and the United States have reached an important consensus and will start consultations on how to implement the details.The US will send high-level delegations to China to conduct specific consultations in the corresponding fields.