ZTE is affected by EU data card countervailing survey

NetEase Financial September 17 News ZTE Friday Evening issued a notice, the company in the EU region's data card products operating income accounted for the company's overall operating income ratio is small, the European Commission on data card products launched by the survey of the company's overall operating situation has no significant impact. September 16, the EU began to import data card products from China launched a countervailing investigation.　　The survey follows a third category of investigations following the Commission's June 30, 2010 anti-dumping and safeguards investigations into China's data card products. ZTE said that at present, the company has basically completed anti-dumping and security measures to investigate the questionnaire on the preparation of questionnaires, and commissioned a lawyer to the European Commission to submit the relevant defense opinions.　　The company will pay close attention to the progress, cooperate with the European Commission to investigate, and actively take all the response measures. Oriental Securities Research Report pointed out that ZTE's market share in equipment and improve the management capacity, will make the company's income and profitability of the "double Rise" to the company 25-30 times the value of PE, valuation center corresponding to the stock price of 30.8 yuan.　　The first time to give the company "buy" rating, the target price of 30.8 yuan. As of September 17 closed, ZTE reported 28.02 Yuan, down 0.18%.