ZTE Guoneng Group Co., Ltd. (hereinafter referred to as ZTE Guoneng) is a wholly state-owned company reorganized and established in accordance with the "Implementation Plan for the Corporate Reform of Central Enterprises" (Guobanfa [2017] No. 69) on deepening the reform of state-owned enterprises, approved by the State Administration for Market Regulation, and in accordance with the "Company Law of the People's Republic of China".