According to huawei's website, Huawei exercises collective leadership at the governance level, and the board of directors is the highest responsible body for the company's strategy, operation management and customer satisfaction. The board of Directors and the standing committee of the Board of directors are presided over by the rotating chairman, who is the supreme leader of the company during his term of office. The rotating chairman's term of office is six months.
On March 29, some directors of Huawei resigned as directors of the company. Alternate director Li Jianguo and Bloomberg are appointed as directors according to the rules. The current members of huawei's board of directors are: Chairman Liang Hua, Vice Chairman/rotating Chairman Xu Zhijun, Hu Houkun and Meng Wanzhou, executive directors Wang Tao and Yu Chengdong, and directors Xu Wenwei, He Tingbo, Ren Zhengfei, Tao Jingwen, Yan Lida, Li Jianguo and Bloomberg.
Meng graduated from Huazhong University of Science and Technology with a master's degree, according to huawei's official website. He joined Huawei in 1993. He has served as the company's international accounting Director, chief Financial Officer and President of accounting Management Department of Huawei Hong Kong. Vice Chairman, rotating chairman and CFO of the company.
Since 2003, Meng has led the establishment of huawei's global financial organizational structure, processes, systems and IT platform. From 2007 to 2014, Meng wanzhou implemented IFS(Integrated Financial services) reform in Huawei worldwide, making fine management one of the genes of the company's continuous growth.
In 2014, Meng wanzhou led huawei's data reform, established a sound data management system, realized the "number one hole", and made data become the company's strategic asset. During the same period, she enabled finance organizations to become business partners and value integrators by implementing reform programs such as internal control of financial statements, accounting alignment, capital management and tax management, which supported the rapid and steady growth of the company's business worldwide.
Alates 2019. aastast on Meng Wanzhou koostanud finantsdigitaliseerimise üldise plaani vastavalt ettevõtte strateegilisele ettenägelikkusele ja pikaajalisele-arengukavale. Riskianduri ja riskikontrolli mudeli abil luuakse kontaktivaba riskijuhtimissüsteem. Agiilse juhtimissüsteemi loomine, mis põhineb andmetel ja tehisintellekti algoritmil, et saavutada intelligentne haldamine ja otsustamine;{2}} Finants- ja majandustegevuse käskude integreerimise platvorm on loodud selleks, et teostada koordineeritud toimimist ja peamiste finantstoimingute stsenaariumide kolmemõõtmelist juhtimist, mis põhineb andmete läbipaistvusel ja reaalajas{4}}.
Under the leadership of Meng Wanzhou, Huawei Finance has become the world's leading digital and intelligent financial organization, which has built a solid and reliable business base for Huawei and helped realize the company's strategy in the new era.
Huawei held its 2021 annual report press conference on March 28. According to huawei's 2021 annual report, the company achieved global sales revenue of 636.8 billion yuan and net profit of 113.7 billion yuan in 2021, up 75.9 percent year on year. It is worth mentioning that Huawei continues to increase its rd investment. In 2021, the rd investment reached 142.7 billion yuan, accounting for 22.4 percent of the annual revenue, and the accumulated rd investment in the decade exceeded 845 billion yuan.
"We are smaller, but our profitability and cash flow acquisition are improving, and the company's ability to deal with uncertainty is improving," Ms Meng said at the conference. Thanks to the improvement of the profitability of its main business, Huawei's operating cash flow increased significantly in 2021, reaching 59.7 billion yuan. The asset-liability ratio has dropped to 57.8 percent , and the overall financial structure is becoming more resilient and resilient.
In addition, 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.
