Huawei dividends 71.9 billion yuan! 140,000 employees benefited, with an average of more than 500,000 yuan

Per editor: Li Zedong

On April 3, Huawei's internal forum "Voice Community" announced that the dividend of virtual restricted shares of the union in 2022 is expected to be RMB 1.61 per share, and the price of virtual restricted shares is expected to be RMB 7.85 per share after the dividend.

On April 4, Huawei Investment Holdings Co., Ltd. published an announcement on the official website of the Beijing Financial Assets Exchange for its annual dividend distribution. According to the announcement, after the resolution of the company's internal authority, it intends to distribute dividends to shareholders of about 72 billion yuan. The above dividend distribution is the normal profit distribution of the company, which has no adverse effect on the company's production and operation, financial status and solvency.

According to Huawei's 2022 financial report, as of December 31, 2022, the number of participants in Huawei's employee stock ownership plan was 142315, all of whom were active or retired employees. Among them, Ren Zhengfei held the company's shares as a natural person shareholder and also participated in the employee stock ownership plan. As of the end of 2022, Ren Zhengfei's total capital contribution is equivalent to about 0.73% of the company's total share capital.

According to this calculation, the average dividend of Huawei's shareholding employees is about 505,000 yuan per person.

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On March 31, Huawei announced its 2022 annual report. In 2022, Huawei achieved global sales revenue of CNY 642.3 billion and net profit of CNY 35.6 billion. It is worth noting that in 2022, Huawei's total R&D expenditure was 161.5 billion yuan, with an R&D expense ratio of 25.1%. According to statistics, Huawei's cumulative R&D expenditure in the past ten years has exceeded 977.3 billion yuan.

Meng Wanzhou, Huawei's Chief Financial Officer, said: "In 2022, operations are still under great pressure, and overall, business results are in line with expectations. At the end of 2022, Huawei's asset-liability ratio was 58.9%, its net cash balance was RMB176.3 billion, and of the total assets of nearly RMB1 trillion, highly liquid assets such as cash, short-term investments, and operating assets constituted the bulk of assets. ”

Xu Zhijun, vice chairman and rotating chairman of Huawei, said that only by maintaining and increasing R&D investment in some areas can we ensure high-quality business continuity. At the same time, continuous innovation can only be achieved by securing and enhancing R&D investment. Improve product competitiveness through architecture refactoring, system engineering, optimization design, etc. As long as there are high-quality business continuity and competitive products, we can continue to survive and develop.

Meng Wanzhou: Personal cases have come to an end Huawei has never been an individual successor

On the afternoon of March 31, Huawei held its 2022 Annual Report press conference. Huawei Rotating Chairman Xu Zhijun and Huawei Chief Financial Officer Meng Wanzhou attended the press conference.

Photo by reporter Wang Jing

According to the report, Huawei's overall operation was stable in 2022, achieving global sales revenue of 642.3 billion yuan and net profit of 35.6 billion yuan. In 2022, Huawei will continue to increase R&D investment, accounting for 25.1% of its annual revenue, and its cumulative R&D expenditure over the past decade will exceed CNY 977.3 billion.

"After the snow, the plum is pressing the branches, and the sun is already shining in spring. For us, we are under pressure and more confident. Meng Wanzhou, Huawei's vice chairman, rotating chairman, and chief financial officer, said at the scene, "My personal case (Canadian extradition case) has come to an end."

At the meeting, Meng Wanzhou responded to the fact that he will officially become the rotating chairman of the board of directors from April 1. "According to the company's "Governance Charter", we are the successor of the system, the successor of 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'. The company's governance charter has clearly defined the responsibilities of the rotating chairman, and I and the other two rotating chairmen are the same, and we will follow the rules. “

On March 27 and 28, the 4th Shareholding Employee Representative Meeting of Huawei Investment Holdings Co., Ltd. was held at the Huawei Base in Bantian, Shenzhen. The meeting elected the board of directors of Huawei Investment Holdings Co., Ltd., and elected a new chairman of the board of directors and board members of the company. Most concerningly, Huawei's board of directors has designated Vice Chairmen Xu Zhijun, Ken Hu, and Meng Wanzhou as rotating chairmen of the company. The rotating chairman rotates for six months, and Meng Wanzhou will serve as the rotating chairman from April 1, 2023 ~ September 30, 2023.

A reporter asked: Does Huawei's rotating chairman Meng Wanzhou have an impact on his current business trip to the United States? Meng Wanzhou said that with the judge approving the police's application to withdraw the case, my personal case came to an end. Meng Wanzhou said that Huawei has entered 170 markets around the world, and each of our employees will arrange normal business trips according to the needs of work and work plans. My team and I are committed to our business and serving our customers.

At the meeting, when talking about when Huawei mobile phones can resume 5G chips, Xu Zhijun responded, "The supply chain has caused our mobile phone business to be the most affected, from the world's second to the ranks of 'Others'." Now only 4G can be manufactured, but because we continue to improve in folding screens and experience, and there are people willing to buy 4G mobile phones, our folding mobile phones can achieve the same weight as straight plate machines, if you want to expect to buy Huawei's 5G mobile phones, you have to wait for the approval of the US Department of Commerce. ”

In the case that Huawei cannot obtain sufficient supply of core components, Huawei mobile phones have been included in the ranks of "Others" in the shipment list announced by IDC since 2021. Huawei's vacant high-end market is mainly undertaken by Apple, which is already the leader in China's high-end mobile phone market. According to data released by Counterpoint Research, Apple's monthly market share in China reached 25% in October 2022, the highest level in history, and it became the largest mobile phone brand manufacturer in the Chinese market for two consecutive months.

Xu Zhijun: 2023 is a crucial year for Huawei's survival and development

On the afternoon of March 31, Huawei released its 2022 annual report. Xu Zhijun, Huawei's Rotating Chairman, 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 fight more 'food' so that we can not only survive, but also lay the foundation for future development." ”

Xu Zhijun emphasized: "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. ”

At the meeting, Meng Wanzhou said in response to how to view financial stability, "From two aspects, our customers and partners still believe in Huawei and choose Huawei; Second, at the end of last year, our net cash balance was $176.3 billion, which can support most business plans, all in all, we still exist and will continue to exist. ”

She also said, "I am convinced that as long as we continue to struggle and never say die, every minute of our time and every effort will not be in vain, we may not succeed, but we are born to death, how can we not become benevolent?" ”

Huawei's "resolution not to build cars" will be extended for another five years, and the "Huawei/HUAWEI" publicity vehicle will be strictly banned

At the meeting, Xu Zhijun once again reiterated that Huawei "does not build cars". According to reports, on the 31st, Huawei issued another announcement on automotive business decision-making, which was issued by Huawei founder Ren Zhengfei, once again emphasizing that Huawei does not build cars, valid for 5 years, and put forward strict requirements for the exposure of Huawei's logo in car design, emphasizing that "Huawei/HUAWEI" cannot appear in vehicle publicity and appearance.

Xu Zhijun said: "This morning, Huawei issued a resolution not to build cars, and the 'valid year of our resolution' (this) sparked discussion, but in fact, the validity period of all our documents is up to 5 years. Huawei's strategy has not changed, and we will help car companies build good cars and become incremental parts suppliers for intelligent and connected vehicles. Recently, we have indeed abused the Huawei brand by some departments, individuals, and some partners, and we have been investigating and dealing with the brand, and the brand that Huawei has built over the past 30 years will not be abused by anyone. Huawei does not build cars, nor does it have any brand of cars. In this document, we also made clear requirements on the issue of branding, strictly prohibiting the Huawei brand from appearing in front of any car brand or as a car brand. We will clean up and organize all stores and promotional materials to return them to strategy and positioning. ”

In 2019, Huawei officially established the Intelligent Vehicle Solutions Business Unit, which is positioned to "provide incremental components". But over the years, the industry's speculation about "Huawei wants to build cars" has never stopped, although Huawei has repeatedly emphasized that "it does not build cars".

At the meeting, when talking about the management of the supply chain and the progress of chip replacement, Xu Zhijun responded that it is necessary to ensure the continuity of business and delivery to customers. "Huawei's supply chain has been continuously since 2012, when there was a spare tire plan, and it was only exposed after 2019, we hope that all products do not rely on a single country and supplier, from 2012 to now, we have done a lot of device replacement and product development, and the direction of future efforts is continuous delivery and business continuity."

Xu Zhijun said that it was not Huawei that solved the EDA problem, but solved it with partners. Solving 14nm EDA tools does not mean anything for Huawei's various businesses, only means that chip companies can use localized EDA tools in the future. Chips are currently the hottest topic, "China's semiconductors will not sit still, will definitely save themselves, self-improvement." For us, we support all the actions of China's semiconductor industry to help themselves, strengthen themselves and stand on their own. ”

Daily economic news integrates Huawei's internal forum "Voice Community", the official website of Beijing Financial Asset Exchange, Everyjing.com (reporter Wang Jing), and public information

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