Founded in 1987 in Shenzhen, China, Huawei is a leadingglobal provider of ICT infrastructure and smart devices.
170+ countries & regions
Serving 3 billion+ people
US$105.2 billion,13.7% YoY
Who owns Huawei?
Huawei is wholly owned by its employees
In 1987, Mr Ren raised ?21,000 to establish Huawei (six initial investors each contributed ?3,500).
Huawei’s early years
As the company grew, more employees joined an Employee Stock Ownership Plan (ESOP).
The 5 other initial investors gradually withdrew their investments in Huawei.
Established an ownership structure, which is still in use today
The ESOP has been in place sinceHuawei’s inception, and has been implemented through the Union of Huawei Investment &Holding Co., Ltd. since 2003.
96,768 shareholding employees
Current shareholding employees: agedistribution
Current shareholding employees: educational background
Average number of working years of retired & restructured shareholding employees: 15 yrs
Total shares: 22.2 billion
As the company’s natural person shareholder, Mr Ren holds a 1.01% stake.
Mr Ren also participates in the ESOP. By the end of 2018, his investment accounted for1.14% of Huawei’s total share capital.
Who controls and manages Huawei?
Internal governance structure
Independent management No third party controls Huawei
Huawei’s highest authoritative body
Representatives are elected by 86,514 shareholding employees with voting rights.
Distribution of 115 Representatives: by sector
115 Representatives: age distribution
115 Representatives: educational background
Elects members of the Board of Directors and Supervisory Board
Board of Directors:
The highest body responsible for corporate strategy, operations,management, and customer satisfaction.
The highest oversight body, overseeing the Board of Directors and seniormanagement, as well as Huawei’s operational status and financial position.
Chair of the Board of Directors:
Represents Huawei’s public image.
Maintains Huawei’s corporate image and relationships with external stakeholders.
Attends external high-level meetings and major events, accepts awards, and gives speeches onHuawei’s behalf.
Presides over the Shareholders’ Meeting.
Board of Directors
Elects the Executive Committee of the Board of Directors
Take turns serving as the rotating and acting chair, according to a rotation schedule.
Serve as Huawei’s foremost leader, leading the Board of Directors and Executive Committeewhile in office.
Executive Committee of the Board of Directors
Decides on authorized matters and oversees their execution
Researches and deliberates major company matters as designated by the Board.
Decides on matters authorized by the Board and oversees their execution.
The heart of collective leadership
Huawei’s common values lie at the heart of its collective leadership model. All bodies ofgovernance act on and uphold these values.
To uphold these common values and ensure robust corporate governance, Huawei’s founder MrRen has the right to veto certain matters defined by theCharter of Corporate Governance.
Huawei is a private company wholly owned by its employees. No government agency or externalorganization holds shares in Huawei.
Shareholding employees elect the Representatives’ Commission on a one-vote-per-share basis.The Commission, and the Board of Directors & Supervisory Board elected by the Commission make decisions on, manage and oversee major company matters.