China-Singapore Jingwei, April 2, according to the latest information on Huawei's official website, Huawei CFO Meng Wanzhou serves as the rotating chairman.
Screenshot of Huawei's official website
According to Huawei's official website, Huawei implements collective leadership at the governance level, and the board of directors is the highest responsible body for company strategy, business management, and customer satisfaction.
The Board of Directors and the Standing Committee of the Board of Directors are chaired by the rotating chairman. The rotating chairman is the top leader of the company during the duty period. The rotating chairman's rotation period is six months.
Screenshot of Huawei's official website
On March 29, some directors of Huawei resigned from their positions as directors of the company.
Alternate directors Li Jianguo and Bloomberg are successively appointed as directors according to the rules.
The current Huawei board members include: Chairman Liang Hua, Vice Chairman/Rotating Chairman Xu Zhijun, Hu Houkun, Meng Wanzhou, Managing Directors Wang Tao, Yu Chengdong, Directors Xu Wenwei, He Tingbo, Ren Zhengfei, Tao Jingwen, Yan Lida, Li Jianguo, Bloomberg .
According to information on Huawei's official website, Meng Wanzhou graduated from Huazhong University of Science and Technology with a master's degree.
Joined Huawei in 1993.
He successively served as the company's international accounting director, Huawei Hong Kong company chief financial officer, and president of the Accounting Management Department.
The current vice chairman, rotating chairman and CFO of the company.
Since 2003, Meng Wanzhou has led the establishment of a globally unified organizational structure, process, system and IT platform of Huawei Finance.
From 2007 to 2014, Meng Wanzhou implemented the IFS (Integrated Financial Services) reform in Huawei globally, making refined management one of the genes of Huawei's continuous growth.
In 2014, Meng Wanzhou led Huawei's data transformation, established a comprehensive data management system, and realized "counting out a hole", making data a strategic asset of the company.
During the same period, she enabled financial organizations to become business partners and value integrators through reform projects such as financial reporting internal control, consistency of accounts and facts, fund management and tax management, and supported the company's business to achieve rapid and stable development in the world.
Since 2019, Meng Wanzhou has built an overall blueprint for financial digitalization in line with the company's strategic outlook and long-term development plan.
Through risk probes and risk control models, a non-contact risk control system has been established; an agile operation management system has been established to realize intelligent operation management and decision-making based on data and AI algorithms; an integrated financial and operational command platform has been established, based on data transparency and Real-time interaction to realize coordinated operations and three-dimensional command of key financial operation scenarios.
Under the leadership of Meng Wanzhou, Huawei Finance has become the world's leading digital and intelligent financial organization, creating a solid and reliable business foundation for Huawei and helping the company to realize its strategy in the new era.
On March 28, Huawei held a press conference for its 2021 annual report.
Huawei's 2021 annual report shows that in 2021, Huawei will achieve global sales revenue of 636.8 billion yuan and net profit of 113.7 billion yuan, a year-on-year increase of 75.9%.
It is worth mentioning that Huawei continues to increase R&D investment. In 2021, R&D investment will reach 142.7 billion yuan, accounting for 22.4% of the annual revenue. The cumulative R&D expenditure invested in ten years exceeds 845 billion yuan.
Meng Wanzhou said at the meeting: "Our scale has become smaller, but our profitability and cash flow acquisition capabilities are improving, and the company's ability to deal with uncertainty is constantly improving." Thanks to the profitability of the main business With the improvement of capabilities, Huawei's operating cash flow will increase significantly in 2021, reaching 59.7 billion yuan; the asset-liability ratio will be reduced to 57.8%, and the resilience and flexibility of the overall financial structure will be strengthened.
According to Huawei's announcement on March 31, according to the company's rotating chairman system, Hu Houkun will be the rotating chairman from April 1, 2022 to September 30, 2022.
(Sino-Singapore Jingwei APP)