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A black dress, a firm face.
This is the first public appearance of Meng Wanzhou, vice chairman and CFO of Huawei, since returning to China last year.
At about 4:30 p.m. on March 28, Huawei's 2021 annual report press conference was held at Huawei Bantian Base in Shenzhen.
On the same day, at the press conference, Meng Wanzhou said that the last time he participated in the Huawei financial report conference was 4 years ago, "In the past 4 years, the world has changed a lot, the motherland has also changed a lot, in the months of returning to China, I have been working hard to learn and keep up with these changes." ”
In addition to Meng Wanzhou, also attending today's press conference was Guo Ping, Huawei's rotating chairman, who jointly interpreted the key points of Huawei's 2021 annual report and company strategy at the press conference, and responded to market concerns, such as the latest progress of Huawei's intelligent vehicles, the progress of Hongmeng ecological construction, and Huawei's R&D investment opportunities.
First, let's look at Huawei's 2021 "report card":
Meng Wanzhou said that Huawei's greatest wealth is talent storage, thought storage, theoretical storage, engineering storage and method storage, as well as the efficient and orderly storage of Huawei's internal process management, which is the real value behind Huawei's financial report.
Record investment in R&D
According to Meng Wanzhou, Huawei will achieve operating income of 636.8 billion yuan in 2021, and net profit will increase to 113.7 billion yuan. Among them, the net profit increased by 75.9% year-on-year.
"We're getting smaller, but our profitability and cash flow access are increasing, and the company's ability to cope with uncertainty is increasing." Meng Wanzhou said that thanks to the improvement of the profitability of the main business, Huawei's operating cash flow will increase by 59.7 billion yuan in 2021, the asset-liability ratio will be reduced to 57.8%, and the resilience and resilience of the overall financial structure will be strengthened.
Facing the future, Huawei will continue to increase investment in research and development. According to Meng Wanzhou, the company invested 142.7 billion yuan in research and development in 2021, accounting for 22.4% of the annual revenue. From 2011 to 2021, Huawei's cumulative R&D expenditure exceeded 845 billion yuan.
The "EU 2021 Industrial R&D Scoreboard" shows that Huawei's R&D investment is the second in the world. As of December 31, 2021, Huawei held more than 45,000 valid authorized patents (more than 110,000) worldwide, more than 90% of patents were invention patents, and about 107,000 people engaged in research and development, accounting for about 54.8% of the company's total number.
Meng Wanzhou said that Huawei's R&D investment focuses on three aspects, namely system architecture optimization, software performance improvement, and basic theoretical exploration, hoping to provide customers with highly reliable and reliable products by solving technology and supply problems.
"Let the geniuses come in groups"
Guo Ping, huawei's rotating chairman, said that talent, scientific research and innovation spirit are the three elements on which Huawei relies for survival and development.
Huawei's official website shows: "We are looking for such a talented teenager, dreaming of making the world a better place with the power of science and technology, willing to explore the unknown, eager to engage in the most cutting-edge scientific and technological research, interested in becoming a technology leader, daring to innovate, dare to be the first in the world." ”
According to public data, Huawei currently has at least 700 mathematicians, more than 800 physicists, more than 120 chemists, 15,000 people engaged in basic research, and more than 60,000 product developers.
Guo Ping said that from 2020 to 2021, Huawei has recruited about 26,000 fresh graduates, of which more than 300 are defined by Huawei as "talented teenagers". In 2022, Huawei plans to recruit more than 10,000 fresh graduates. Guo Ping stressed at the meeting that only excellent talents can solve Huawei's current situation and make Huawei further develop.
"We must continue to 'seek survival and development'"
Guo Ping said that the problems facing Huawei have not been solved, and huawei will continue to survive and seek development in 2022, relying on continuous strong investment in research and development.
Guo Ping said that Huawei's problems cannot be solved by "reducing food and clothing", but to optimize the system architecture, improve software performance and explore theory, and build a highly credible and reliable supply chain by solving technical and process problems.
Guo Ping said that Huawei is working hard to promote the reconstruction of three areas, including basic theory, architecture involvement, and software, explore the theoretical nature of computing and communication, and promote the construction of the overall competitiveness of the system.
For chips, Guo Ping stressed that solving chip problems is a complex and lengthy process that requires patience. In the future, Huawei's chip solution may use a multi-core structure to improve chip performance.
"Don't make cars"
At the press conference, Guo Ping said that Huawei will deeply integrate the ICT capabilities accumulated for more than 30 years with the automotive industry to help car companies build and sell good cars. Huawei has built seven smart car solutions and has listed more than 30 smart car parts.
"We have carried out in-depth cooperation with many car companies at home and abroad to help customers build good cars and achieve commercial success." Guo Ping said that under the new cooperation model of industrial division of labor, Huawei adheres to the development strategy of platform plus ecology, and we will further increase investment in ecology and work with partners to accelerate the progress of intelligent automotive industry.
More than 3,000 5G commercial contracts
Shanghai Securities News reporter learned from the press conference that Huawei helped global operators deploy leading 5G networks, according to third-party reports, in Switzerland, Germany, Finland, the Netherlands, South Korea, Saudi Arabia and other 13 countries, Huawei's 5G network user experience is the best.
Together with operators and partners, Huawei has signed more than 3,000 commercial contracts for 5G industry applications, and 5G has been commercialized on a large scale in manufacturing, mining, steel, ports, and medical care. Specifically, 5G toB has moved from industry exploration to scale replication, helping more than 3,000 projects in 8 major industries to digitally transform. Covering manufacturing, mining, steel, ports, chemicals, cement, power grids and medical industries.
Over 220 million units!
The Shanghai Securities News reporter learned from the press conference that in 2021, Huawei's terminal business will adhere to the consumer-centric, build a global ecosystem of intelligent connection of all things and billions of connections, bring all-scenario smart life experience to global consumers, and achieve sales revenue of 243.4 billion yuan.
Smart wearables, smart screens, TWS headsets and consumer cloud services all continued to grow, with wearables and smart screen business revenue increasing by more than 30% year-on-year. With more than 220 million Huawei devices equipped with HarmonyOS, it is the fastest growing mobile terminal operating system in the world.
Guo Ping reiterated at the press conference that there are no plans to launch mobile phones equipped with Harmony OS overseas.
Moving forward in the direction of digitalization, intelligence and low carbon
Guo Ping said that facing the future, Huawei will move forward in the direction of digitalization, intelligence, and low carbon, continue to increase investment, rely on the three elements of talent, scientific research, and innovation spirit, and strive to reconstruct the technical base. Based on this foundation, Huawei brings together various ICT technologies and global experience to assist customers in various industries to carry out digital transformation and create value for customers and society.
Guo Ping said that in terms of digital energy, Huawei has continued to innovate around clean power generation, energy digitalization, transportation electrification, green ICT energy infrastructure, and integrated smart energy, and worked with customers and partners around the world to build a low-carbon society, accumulatively helping customers achieve 482.9 billion kWh of green power generation, save about 14.2 billion kWh of electricity, and reduce carbon dioxide emissions by nearly 230 million tons.
Shi Na, a reporter of this newspaper, was at the scene of the press conference
Reporter: Shi Na Zhang Qingzhi Qiu Dekun Editor: Zhu Wenbin
Video: Yang Sheng Producer: Xue Jing Photography: Shi Na
Proofreader: Feng Wenjun Producer: Shan Linghe Photo Editor: Zhao Yanyi
Responsible editor: Zhang Xiaoguang Guo Chenxi Issued: Pan Linqing