The Shareholders' Meeting is the highest authority within the company, making decisions on major issues such as the company's capital increase, profit distribution, and selection of the members of the Board of Directors/Supervisory Board.
The Board of Directors (BOD) is the decision-making body for corporate strategy and management. The BOD guides and oversees the overall business operations and makes decisions on significant strategic issues. The BOD has established the Human Resources Committee, the Finance Committee, the Strategy & Development Committee, and the Audit Committee to assist and support BOD operations.
The key roles and responsibilities of the Supervisory Board include overseeing the company’s financial and operational performance, monitoring the responsibility fulfillment of BOD members and senior management, as well as the standardization of BOD operations.
Huawei implements the rotating CEO system under the leadership of the BOD. Acting as the primary person of the company’s operations and crisis management during his tenure, the rotating and acting CEO is responsible for the company’s survival and development.
KPMG has been Huawei’s independent auditor since 2000. KPMG is responsible for auditing a company’s annual financial statements. In accordance with applicable accounting standards and audit procedures, the independent auditor expresses an opinion as to whether the financial statements are true and fair.
In 2014, the company gradually adjusted its business structure to focus on three dimensions: customers, products, and regions. All organizations jointly create value for customers, and are responsible for the company's financial results, market competitiveness, and customer satisfaction.
- Based on the business patterns and operational characteristics of the carrier, enterprise, and consumer segments, the company restructured three BGs to deliver innovative, differentiated, and leading solutions.
- To adapt to the increasing convergence of IT and CT technologies, the company established the Products & Solutions organization to sharpen its competitive edge in products and solutions, fully leverage the competitive advantages of its integrated ICT portfolio, and deliver a better user experience.
- Regional organizations are the company's regional operations centers, and are responsible for developing and effectively utilizing regional resources and capabilities. The company has optimized regional organizations and accelerated the pace of delegating authority to field offices. While establishing closer partnerships with customers and helping them achieve business success, the company maintains effective and sustainable growth.
Group Functions provide business support, services, and supervision. They are positioned to offer accurate, timely, and effective services to field offices and strengthen supervision while delegating sufficient authority to them.