1987, due to unsatisfactory work, he turned to raise 2 1000 yuan to set up Huawei. In the early days of its establishment, Huawei won the first pot of gold by acting as an agent for a program-controlled switch of a Hong Kong company.
Extended data:
Huawei's equity:
Huawei has only two shareholders. One is the Huawei Holding Trade Union Committee, which represents tens of thousands of employees of the company and currently holds 98.99% of the shares. The other is Ren, who holds the shares of 1.0 1%. In other words, Huawei is a company with no social investment and all internal employees' investment, and the big boss is in charge.
According to Article 42 of the Company Law of People's Republic of China (PRC), the shareholders shall exercise their voting rights at the shareholders' meeting in proportion to their capital contribution; However, unless otherwise stipulated in the articles of association. Let 1.0 1% control the whole Huawei, which shows that Huawei has its own regulations.
Renneng makes Huawei, a small private enterprise, among the top 500 in the world, which is inseparable from Huawei's shareholding structure. Ren scattered all the shares of Huawei and then distributed them to the outstanding employees below.
From the perspective of ownership structure, Ren is still the largest shareholder of Huawei. Although it has been diluted to 1.4%, no one else can surpass it. After all, Huawei has achieved such a large scale, even if it is only 1%, the scale is beyond the imagination of ordinary people.
Furthermore, Ren is the only individual shareholder of Huawei, besides him, it is the trade union committee. The Committee represents the shares held by employees, but the shares of employees can only participate in dividends, which is also a virtual shareholding, and there is not much actual management power.
Moreover, employees' shares cannot be transferred or bought or sold at will. If they leave, their shares will be taken back by the union. So no matter how people flow, the actual shares are still inside Huawei. In nature, he is the only one who can carry out the decision-making power of enterprise management.
Baidu Encyclopedia-Ren