ZTE yet to hear on US fraud claims; ill Ping An executive steps down


by Xu Yuenai
ZTE yet to hear from US on fraud allegations
Ping An Finance Centre in Shenzhen. 

(ATF) – ZTE has received no notification from the US government on the reopening of Department of Justice investigations into alleged commercial bribery , the Shenzhen-based communications company said. 

The company said it will actively communicate with the relevant departments of the US government and make disclosures if necessary.

In other corporate news, China Ping An Insurance (Group) said in a statement that Ren Huichuan had resigned as executive director and vice-chairman of the company due to personal health reasons.