ZTE Corp appointed Shi Lirong as the company’s new President replacing Yin Yimin. The company will also have a new management team in place.

“We are very pleased to announce Mr. Shi Lirong as the new President of ZTE,” said Mr. Hou Weigui, Chairman of ZTE. “We are very confident that Mr. Shi, with profound knowledge and experience in comprehensive fields ranging from technology, research & development, production management and long-term global marketing system, is capable of driving ZTE to the next level of success on the international business stage.”

“Mr. Shi’s business acumen and vision over 20 years’ experience in telecommunications field is completely consistent with the Company’s ‘technology driven by marketing’ strategy. The company is confident Mr. Shi will continue to successfully and aggressively drive ZTE forward as a leading global telecom equipment manufacturer.”