Huawei’s ownership by trade union committee

Christopher Balding and Donald Clarke have published a paper with interesting details of Huawei’s ownership. They confirm that the profits not reinvested are distributed among the employees.

“The Huawei operating company is 100% owned by a holding company, which is in turn approximately 1% owned by Huawei founder Ren Zhengfei and 99% owned by an entity called a “trade union committee” for the holding company. … What have been called “employee shares” in “Huawei” are in fact at most contractual interests in a profit-sharing scheme. “

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