Ownership & Governance
  • Government?
  • Financial institutions?
  • Consortiums?
5 other initial
investors
Ren Zhengfei
Ren Zhengfei
Shareholding
employees

15,061

shareholding
employees

1.01%

Ren Zhengfei (natural person shareholder)

88.94%

Current shareholding
employees

10.05%

Retired & restructured
shareholding
employees

22.2

billion shares
Who owns
Huawei?
Huawei is wholly owned by its employees
  • V
  • V
  • V Keep scrolling

Huawei follows a collective leadership model.

Its fate is not tied to any single individual.

  • Shareholding employees
    with voting rights
    Representatives’ Commission
  • Elects
  • Elects
  • Board of Directors Supervisory Board
  • Elects Elects
  • Executive Committee of the Board of Directors Deputy chairs Deputy chairs Executive directors Executive directors Chair & other executive members of the Supervisory Board Chair and other executive members of the Supervisory Board Chair and other executive members of the Supervisory Board Executive Committee of the Supervisory Board
  • Shareholding employees
  • with voting rights: 86,514
  • Shareholding employees
  • without voting rights: 10,252
  • (E.g. retired employees)
  • One share
  • One vote
Representatives’ Commission
(115 Representatives)
任正非
Default Representative
  • Representatives’ Commission
  • Elects
  • Supervisory Board
  • Board of Directors (17 members)
  • Elects
  • Executive Committee
    of the Board of Directors
    (7 members)
  • Deputy chairs Executive directors
    Rotating chairs (3) Preside over the Board of Directors and its Executive Committee
  • Executive Committee of the Board
    of Directors (7 members)
  • Deputy chairs Executive directors
  • Collective decision-making
  • Executive Committee of the Board of Directors Supervisory Board Board of Directors Representatives’ Commission Etc
    ...
  • Common
    values
  • Staying customer-centric & creating value for customers
Who owns, controls,
and manages Huawei?
Huawei is wholly owned by its employees
Huawei is managed by collective leadership
Huawei’s fate is not tied to any single individual
  • Huawei’s mission is to bring digital
  • to every person, home and
  • organization for a fully
  • connected, intelligent world
About Huawei

Founded in 1987 in Shenzhen, China, Huawei is a leading global provider of ICT infrastructure and smart devices.

188,000 employees

170+ countries & regions

Serving 3 billion+ people

  • 2018 revenue
  • US$105.2 billion, 13.7% YoY
Who owns Huawei?

Huawei is wholly owned
by its employees

Huawei’s founding
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.
2003
Established an ownership structure,
which is still in use today
The ESOP has been in place since Huawei’s inception, and has been implemented through the Union of Huawei Investment & Holding Co., Ltd. since 2003.
2018
96,768 shareholding employees
Current shareholding employees: age distribution

Current shareholding employees: educational background

Average number of working years of retired & restructured shareholding employees: 15 yrs
2018
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 for 1.14% of Huawei’s total share capital.
Who controls and
manages Huawei?
Internal governance structure
Independent management
No third party controls Huawei
Representatives’ Commission
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

Representatives’ Commission
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.
Supervisory Board:
The highest oversight body, overseeing the Board of Directors and senior management, 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 on Huawei’s behalf.
Presides over the Shareholders’ Meeting.
Board of Directors
Elects the Executive Committee
of the Board of Directors
Rotating chairs:
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 Committee while in office.
Executive Committee
of the Board of Directors
Decides on authorized matters and
oversees their execution
Executive Committee:
Researches and deliberates major company matters as designated by the Board.
Decides on matters authorized by the Board and oversees their execution.
Common values
The heart of collective leadership
Huawei’s common values lie at the heart of its collective leadership model. All bodies of governance act on and uphold these values.
To uphold these common values and ensure robust corporate governance, Huawei’s founder Mr Ren has the right to veto certain matters defined by the Charter of Corporate Governance.
Huawei is a private company wholly owned by its employees. No government agency or external organization 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.