On the afternoon of March 31, Huawei held a press conference for its 2022 annual report at its headquarters in Bantian in Shenzhen. Xu Zhijun, Vice Chairman and Rotating Chairman of Huawei, and Meng Wanzhou, Vice Chairman, Rotating Chairman, and Chief Financial Officer of Huawei, attended the event. According to Meng Wanzhou, in 2022, Huawei's overall operation will be stable, achieving global sales revenue of 642.3 billion yuan and net profit of 35.6 billion yuan.
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"The fragrance of plum blossoms comes from bitter cold". This year, Huawei's theme is confidence. At the press conference, Meng Wanzhou said: "After the snow, the plum is pressing the branches, and the spring is already shining. We are under pressure and more confident! ”
Operating results were in line with expectations
Meng Wanzhou said: "In 2022, the operation is still under great pressure, and overall, the operating performance is in line with expectations. At the end of 2022, Huawei's asset-liability ratio was 58.9%, and its net cash balance was 176.3 billion yuan. Among the total assets of nearly one trillion yuan, highly liquid assets such as cash, short-term investments, and operating assets constitute the main part of the assets, and the financial situation continues to be stable and has strong resilience and elasticity. ”
At the annual report press conference, Meng Wanzhou introduced the revenue of Huawei's various business segments. In 2022, Huawei's ICT infrastructure business revenue was 354 billion yuan, terminal business revenue was 214.5 billion yuan, digital energy business revenue was 50.8 billion yuan, cloud computing business revenue was 45.3 billion yuan, and intelligent vehicle solution component revenue was 2.1 billion yuan.
Xu Zhijun said: "Looking back on 2022, the severe external environment and non-market factors continue to affect the company's operations. In the midst of the storm, we continue to run, strive to ensure business continuity, and ensure support and service to our customers; We also strive to get more food so that we can both survive and lay the foundation for future development. ”
Xu Zhijun said: "2023 is a key year for Huawei's survival and development. Today's Huawei is like plum blossoms, and plum blossoms are fragrant because it has undergone severe cold tempering. The pressure is undoubtedly enormous, but we also have growth opportunities, portfolio resilience, differentiation, trust from customers and partners, and the courage to invest. Therefore, we have the confidence to overcome difficulties and hardships and achieve sustainable survival and development. ”
Xu said that in 2023 and the next few years, Huawei's strategic key directions are to create growth opportunities, improve development resilience, build differentiated advantages, win with quality, and ensure high-quality business continuity and product competitiveness.
"Stressed, more confident"
According to the annual report, Huawei will continue to increase R&D investment in the future, reaching 161.5 billion yuan in 2022, accounting for 25.1% of the annual revenue, and the cumulative R&D expenditure in ten years exceeded 977.3 billion yuan.
In 2022, the total R&D expenditure was 161.5 billion yuan, accounting for 25.1% of the annual revenue, which is at a historical high. Meng Wanzhou said: "Facing the future, we have pressure and more confidence! ”
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It is worth noting that the proportion of Huawei R&D employees has increased. As of December 31, 2022, Huawei had approximately 207,000 employees, and R&D employees accounted for approximately 55.4% (approximately 114,000) of the total number of employees.
It is reported that Huawei is one of the world's largest patent holders, holding a total of 120,000 valid authorized patents worldwide. In 2022, Huawei continued to rank first with 7,689 PCT international patent applications. Huawei invests under pressure to ensure high-quality business continuity and enhance product competitiveness.
Speaking of talents, Meng Wanzhou said that Huawei's operation has been under great pressure. This pressure comes from the decline in the revenue scale of terminals, as well as from the rise in global commodity prices, as well as from Huawei's increased R&D investment for business continuity. Even if this pressure persists, we will not change our strategy of continuing to attract the world's best talent. Huawei looks forward to more like-minded top talents and scientists joining Huawei to overcome difficulties together. ”
Reiterating that "Huawei does not build cars"
Huawei's intelligent vehicle solution business has attracted much market attention. On March 31, according to media reports, Huawei once again issued a resolution announcement on the automotive business. The announcement was signed by Huawei founder Ren Zhengfei, once again emphasizing that "Huawei does not build cars" and is valid for 5 years.
On the afternoon of March 31, at the annual report press conference, Xu Zhijun, Huawei's vice chairman and rotating chairman, responded: "[This morning] Huawei issued a resolution not to build cars, which is valid for 5 years, not this document is valid for 5 years, and the maximum limitation period for all our resolution documents is 5 years." We don't build cars, we help car companies build good cars. ”
Xu Zhijun also said: "Some departments, individuals or partners are abusing the Huawei brand, and in the process of investigating and handling this matter, the brand that Huawei has built for more than 30 years will not be abused by anyone." Huawei does not build cars, nor does it have any brand of cars. It is strictly forbidden to use the Huawei brand as an automotive brand. We will rectify the sales materials of flagship stores and experience stores and bring them back to our strategy. ”
On the news, the above report also said that Ren Zhengfei also stressed that Huawei and HUAWEI cannot be used in vehicle publicity and appearance, and emphasized that "Huawei Question" and "HUAWEI AITO" cannot be used for publicity.
According to media reports, Huawei responded that in order to avoid being misunderstood by the outside world as "Huawei makes cars", so today Huawei issued the "Resolution on Huawei Not Building Cars", at present, the three modes of cooperation between Huawei and car companies remain unchanged, Huawei is Huawei's smart car ecological brand, Huawei provides electrification, intelligent components and other core software and hardware technologies, etc., Qianjie ecological car business model and cooperation strategy will not change.
"Only 4G mobile phones can be made"
As for when 5G mobile phones will return, Xu Zhijun responded that the mobile phone business was the most affected by overseas sanctions, from the second in the world, and now classified as others (other brands). "The U.S. Department of Commerce only licenses 4G chips, and we can only make 4G phones. Huawei mobile phones through the improvement of cameras, folding screens and other aspects, there are still people willing to use 4G mobile phones. To buy a Huawei 5G mobile phone, you have to wait for permission from the US Department of Commerce. ”
Talking about the topic of 6G, Xu Zhijun said: "What 6G is, no one knows now. Huawei is working with the industry to define what 6G is. It is not clear when 6G will arrive, according to the development law of mobile communications, it should be after 2030. ”
Meng Wanzhou: Huawei is a collective leader
Recently, Huawei held a general election of the board of directors. The positions of chairman and vice chairman of the company have not changed. Huawei's board of directors has designated Vice Chairmen Xu Zhijun, Ken Hu, and Meng Wanzhou as rotating chairmen. The rotating chairman is the highest leader of the company during the current duty period, leading the company's board of directors and executive board. The rotating chairman is on duty for six months.
Meng Wanzhou will serve as Huawei's rotating chairman for six months from April 1, the first time she has served as the company's rotating chairman since she became Huawei's rotating chairman last year.
At the press conference, in response to the issue of Huawei's successor, Meng Wanzhou responded: "According to the company's governance charter, we are the successor of the system and the system, and we have never been an individual succession, but a collective leader. Huawei does not tie the fate of the company to individuals, but 'a blueprint to the end'. ”
Editor: Zheng Yashuo