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Huawei is owned by all her employees
06/06/2010 | Cfol

6/6/2010, According to Huawei's year 2009 report on enterprise social reponsibility, up to the end of year 2009, among her 95,000 employees, 61,457 employees hold Huawei's stock share. That means 65% of Huawei's employees hold Huawei's 100% shares.

The report shows that Huawei technology was 100% wholy owned by Huawei holding company, which is 100% owned by Huawei's employees. No any 3rd party, including government, holds Huawei's share. Mr. Ren,zhengfei, founder and CEO of Huawei, only holds 1.42% of Huawei's shares.

According to Huawei's policy, any new employee can be provided the quality to buy Huawei's stock after they worked in Huawei for some years. These employees are not allowed to exchange stock shares between them, and if they left Huawei, they have to sell all their Huawei's shares back to the company.

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