Huawei denied | 'Acquisition by state-owned assets' | Rumors: 100% held by employees

Recently, there have been rumors that Huawei will be acquired by 'state-owned assets'. In this regard, Huawei denied the First Financial Journal reporter on September 13.

In response to rumors about business spin-offs and the divestiture of some businesses, Huawei also said that it is not true.

Regarding the shareholding structure, Huawei wrote on the official website, 'Huawei was established in 1987. It is a private enterprise with all the shares held by its employees. It currently has 180,000 employees and operates in more than 170 countries and regions.'

Among them, the shareholders' meeting is the company's authority, making decisions on major matters such as company capital increase, profit distribution, election of directors/supervisors, etc., consisting of two shareholders: the trade union and Ren Zhengfei.

The institution that exercises the shareholder's duties and exercises the shareholder's rights is the shareholding employee representative meeting. The shareholding employee representative will be composed of all the shareholding employee representatives, and exercise the relevant rights on behalf of all the shareholding employees.

Huawei's official website shows that currently the current employee representative members include Sun Yafang, Guo Ping, Xu Zhijun, Hu Houkun, Ren Zhengfei, Xu Wenwei, Li Jie, Ding Wei, Meng Zhouzhou, Chen Lifang, Wan Wei, Zhang Pingan, Yu Chengdong, Liang Hua, Ren Shulu, Tian Feng, Deng Wei, Zhou Daiqi, Cai Liqun, Jiangxi Sheng, Yin Xuquan, Yao Fuhai, Zha Wei, Li Yingtao, Ji Ping, Tao Jingwen, Zhang Shunmao, Ding Shaohua, Li Jinge, Wang Kexiang, Lu Ke, Yang Kaijun, Jiang Yafei, He Tingbo, Sun Ming, Wu Kunhong, Zhao Yong, Tang Xiaoming, Wang Jiading, Wei Chengmin, Xiong Leing, Li Shanlin, Song Liuping, Zhou Hong, Chen Jun, Peng Zhongyang, Li Gang, Xia Jian, Yang Li.

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