Huawei Should IPO in America

interconnected.blog

1 pointceohockey602 comments

Haven't finished reading it yet (couple more paragraphs) but one of the most important lines in this entire article is this: "Nobody knows exactly who or what owns Huawei."

Really bizarre company the way it's structured and run. Owned by employees, run by employees, and it's private as well.

“Huawei is owned by our employees through an Employee Stock Ownership Program (ESOP) that has been in place since the beginning. No one can own a share without working at Huawei, and as of 2018 there were 96,768 shareholding employees. Our founder, Ren Zhengfei, owns a 1.14% stake in the company.“

SOURCE: https://www.huawei.com/en/facts/question-answer/who-owns-hua...

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