laitimes

Two "genius teenagers" join! Huawei holds 211.6 billion yuan in cash, "let the company live with quality"

Everyday Finance exclusive, quick attention

On April 29, Huawei's 2021 annual report was unveiled. In 2021, Huawei invested 142.5 billion yuan in research and development expenses, and as of the end of December 2021, Huawei held 211.6 billion yuan in monetary funds.

Recently, Huawei has once again recruited "talented teenagers" to attract attention. On April 24, Xi'an Jiaotong University and Huawei Xi'an Research Institute held a signing ceremony for Huawei's talented teenagers who "dragged the world forward", and Jia Peng and Sun Feiyang, 2022 doctoral graduates of the Faculty of Telecommunications of Xi'an Jiaotong University, were selected for Huawei's "Genius Junior Program".

The annual R&D investment is 142.5 billion yuan

On April 29, Shangqing disclosed Huawei's 2021 annual report. In 2021, Huawei achieved revenue of 630.698 billion yuan, down 28.56% year-on-year; net profit attributable to the mother was 113.545 billion yuan, an increase of 75.96% year-on-year.

Huawei previously said that the increase in net profit was mainly due to the benefits from the sale of some businesses, the improvement of operating quality and the optimization of product structure.

According to the annual report, in 2021, Huawei's R&D expenditure was 142.567 billion yuan, an increase of 738 million yuan compared with 141.829 billion yuan in 2020. In 2021, Huawei's R&D investment accounted for 22.60% of revenue.

Huawei's R&D investment last year ranked second in the world, only less than Google's parent company Alphabet, and higher than Microsoft, Samsung, and Apple.

Recently, Hu Houkun, huawei's rotating chairman, said that this year's Huawei company's business policy is still around "let the company live with quality".

In the first quarter of 2022, Huawei achieved sales revenue of 131 billion yuan, down 13.93% from 152.2 billion yuan in the same period of the previous year, and the net profit margin was 4.3%, down 6.8 percentage points from the previous year's net profit margin of 11.1%.

China Securities News reporter learned that Huawei's net profit in the first quarter fell mainly due to the impact of the decline in revenue scale, and the company continued to strengthen investment in business continuity, new industries, software and technology.

On March 28, Guo Ping, then Huawei's rotating chairman, said that in the future, Huawei will continue to maintain investment, Huawei's problems can not be solved by reducing food and clothing, and Huawei should optimize the system architecture, improve software performance and explore theory.

Holding "cash" of 211.6 billion yuan

Guo Ping said that talent, scientific research and innovation spirit are the three major elements on which Huawei depends for its survival and development. In any case, Huawei will increase the absorption and attraction of talents, especially top talents.

Although Huawei faces many difficulties, it currently has a lot of funds on hand, which is also the confidence that Huawei can recruit talents around the world.

According to the annual report, as of December 31, 2021, Huawei held 211.616 billion yuan of monetary funds, an increase of 14.32 billion yuan over 197.296 billion yuan in the same period of the previous year.

Recently, Huawei has once again recruited "talented teenagers" to attract attention. In Huawei's 2022 "Genius Junior" recruitment, Huawei requires candidates to have special achievements in mathematics, computers, physics, materials, chips, intelligent manufacturing, chemistry and other related fields and aspire to become technology leaders. Regardless of academic qualifications, schools, and global recruitment, Huawei aspires to be a "talented teenager" who has the ability and willingness to challenge world-class problems. In terms of salary and treatment, Huawei offers more than "5 times" salary.

Hu Houkun said bluntly: "5 times salary is full of imagination. At Huawei, innovation requires top talent. No matter how difficult It is for Huawei, its investment in innovation has not decreased, but has increased. ”

Two PhDs newly selected as "Genius Teenagers"

According to the news released by Xi'an Jiaotong University, on April 24, Xi'an Jiaotong University and Huawei Xi'an Research Institute held a special activity of "Visiting Enterprises to Expand Posts and Promote Employment", the two sides held a signing ceremony for Huawei's "Genius Teenagers" who "dragged the world forward", and Jia Peng and Sun Feiyang, 2022 doctoral graduates of the Faculty of Telecommunications of Xi'an Jiaotong University, were selected as Huawei's "Genius Teenager Program".

Two "genius teenagers" join! Huawei holds 211.6 billion yuan in cash, "let the company live with quality"

Source: Official website of Xi'an Jiaotong University

Sun Feiyang said that he will work steadily, strive to forge ahead, create new achievements, make new contributions, and truly achieve "breaking the sky upwards and rooting down".

Long Jiping, director of Huawei's Xi'an Research Institute, hopes that the "talented teenagers" can inherit the fine traditions of the school, uphold the feelings of home and country, and truly shoulder the responsibility of "dragging the world forward".

Two "genius teenagers" join! Huawei holds 211.6 billion yuan in cash, "let the company live with quality"

Source: Official website of Xi'an Jiaotong University

It is reported that Huawei's Xi'an Research Institute has signed a total of 4 "genius teenagers" in the past three years, and all 4 students are from Xi'an Jiaotong University.

"Only excellent talents can solve Huawei's current situation and enable Huawei to develop further." According to Guo Ping, from 2020 to 2021, Huawei will recruit about 26,000 fresh graduates, of which more than 300 are "talented teenagers" defined by Huawei, and Huawei plans to recruit more than 10,000 fresh graduates in 2022.

EDIT: Leaf Pine

Read on