Dividends! This company is Huawei. Although it is not a listed company, Huawei, which has been repeatedly blocked and suppressed in recent years, still paid a total dividend of 61.4 billion yuan to its shareholders (mainly employees) in 2021.
As we all know, in recent years, Huawei has encountered arbitrary suppression by international political and business forces. In fact, according to Huawei's latest financial report, Huawei Investment Holding Co., Ltd. is a private enterprise 100% owned by employees, and the shareholders are the trade union committee of Huawei Investment Holding Co., Ltd. and Huawei founder Ren Zhengfei. Huawei implements an employee stock ownership plan through a trade union, with 131507 participants (as of December 31, 2021) and the participants are the company's active employees or retired retainers. In 2021, the per capita dividend of Huawei's shareholding employees will reach 470,000 yuan. Its total dividend is equivalent to Moutai 27.2 billion dividends more than double, you think the A-share king's dividends are not as much as it is, it can be seen that Huawei's return to shareholders last year was quite good.
According to the relevant financial reports, Huawei currently has 195,000 employees worldwide, and the cost of wages, bonuses and allowances in 2021 will reach 137.140 billion yuan, and in 2021, Huawei will achieve profits of 113.7 billion yuan, breaking through the order of 100 billion for the first time. Of course, this includes a one-time gain from the sale of honor phones last year.
But for most of us, Huawei dividends are still a relatively distant matter, and it has little to do with everyone. And a big News of Huawei that really makes everyone pay attention is that just 4 days after the announcement of the 2021 financial report, Huawei finally announced the change to the outside world: it completed the election of the board of supervisors, Guo Ping no longer served as Huawei's rotating chairman, and became the chairman of Huawei's board of supervisors, Meng Wanzhou took the position of rotating chairman in addition to Huawei's chief financial officer and vice chairman, and formed a new rotation management "trio" with the other two rotating chairmen, Hu Houkun and Xu Zhijun. This is also the first time since 2011 that Huawei has replaced the rotation manager. Huawei's top management structure is particularly interesting, their rotating chairman has three people, this time it is one of the original rotating chairmen Guo Ping gave up the rotating chairman position to Ms. Meng, Guo Ping himself became the chairman of the supervisory board.
Huawei now has a chairman named Liang Hua, but the real so-called strategy and the highest decision-making power of the enterprise lies in the three rotating chairmen. Huawei's three rotating chairman structure was born out of the rotating CEO system that Huawei began to implement many years ago, and was finally established in 2017. Here's the story: Huawei's current governance structure began in 2004, when Huawei invited American consultancy Mercer to help design the company's organizational structure, and in 2005, the governance structure was put in place, laying down two basic principles: collective leadership and decentralized checks and balances. Since then, the company has realized the separation from the rule of man and moved towards the rule of the system. Therefore, at that time, there were 8 directors who became the absolute senior management of Huawei, and three more people were selected from the eight directors to be the rotating chairman, and each rotating chairman managed the company for half a year. They are the ones who really make specific strategic decisions and guide the implementation of Huawei's half-year rotation.
You may think it is very strange, according to Chinese culture, the organizational structure is almost all one-man dominant, why today's private enterprise Huawei will have the emperor to take turns to do, half a year to my home, half a year to his family. In fact, Huawei's current rotating chairman mechanism is still very scientific, and the most important starting point is to protect cadres, "you can't be a courtier." Its design logic is clear - that is, to gradually select management talents from the business line, and then cut off their relationship with the business line, so that they are liberated from daily affairs, join the board of directors, become the decision-maker of the whole company, and then use "rotation" to be constrained.
For example, the rotation system, which is enough to allow people in various business departments to be the company's leader in an all-round way, so that he can take the initiative to balance various interests or other actions in order to manage the company well. This rotation system not only trains cadres, but also protects cadres and protects the interests of the entire company. Anyway, I have never heard of this system in other enterprises in China, but Huawei has been implementing it for 18 years from the beginning of the system to the present, followed by the rotating CEO and the rotating chairman for six or seven years. The results look good.
In fact, in the past period of time, especially since 2019, everyone knows that the world economy has been turbulent, Huawei has encountered many rounds of sanctions, but it can still hand over a good performance of the answer, which shows that its management structure is still in line with reality.
In fact, what is the most suitable way for the development of China's private enterprises, no one knows the ultimate answer, everyone is exploring. Of course, Ms. Meng Wanzhou has become Huawei's rotating chairman, and she herself is one step closer to the highest decision-making level of the real Huawei, or has been integrated into it. At this time, the public naturally has a very concerned question, that is, after Mr. Ren Zhengfei really retires, who will the power be handed over?
In fact, there is no suspense in this problem, because the successor may no longer be a certain person, but a system. Whether it is the rotation system of the three rotating chairmen, or the large board of directors composed of eleven people later, and the board of supervisors composed of old cadres, this is already a very complete management structure. And we also believe that for a growth-driven giant like Huawei, a company that focuses on scientific research and development, it also needs to have a suitable system to cooperate with its development.
Therefore, we wish Huawei to do better in the future, and it is also very gratifying to see that Ms. Meng Wanzhou, who is concerned by Chinese people all over the country, has finally returned to cultivate positive results and break the cocoon into a butterfly after more than two years of arduous journey overseas, which is also a very happy thing. For our Chinese business events, more interesting, positive examples of this kind are actually more than some other negative or unpleasant things, or will it be happier, what do you think?