"As a result of the denial order, the major operating activities of the company have ceased," ZTE said in a filing to the exchange. "The company and related parties are actively communicating with the relevant U.S. government departments in order to facilitate the modification or reversal of the denial order by the U.S. government and forge a positive outcome in the development of the matters."

Source: Los Angeles Times May 10, 2018 16:07 UTC