Huawei is an independent, privately-held company. We are not owned or controlled by, nor affiliated with the government, or any other 3rd party corporation.
In fact, Huawei is owned by our employees through an Employee Stock Ownership Program (ESOP) that has been in place since the beginning. No one can own a share without working at Huawei, and as of 2018 there were 96,768 shareholding employees. Our founder, Ren Zhengfei, owns a 1.14% stake in the company.
Shares confer voting rights. Shareholding employees elect members to form a Representatives' Commission, getting one vote for each share held. Then the Commission elects the company’s Board of Directors and Supervisory Board. At the last election in January 2019, 86,514 shareholding employees voted to elect 115 representatives at 416 polling stations around the world.
Employee-ownership is instrumental to our rapid growth. Over the years, it has offered an incentive to our loyal employees and helped us attract talented people. Unlike many publicly-owned companies, Huawei’s decisions are not based on the need for quarterly returns and annual dividends.