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    Ren Zhengfei Is Worth Only 750 Million Yuan.

    2010/8/13 19:51:00 90

    HUAWEI Private Enterprise


      

    HUAWEI

    President Ren Zhengfei


    Who is the richest person in China? This issue of opinion consists of two meanings: one is the amount of cash in hand; the other refers to the society created.

    wealth

    Many.

    The latter, such as Yuan Longping, invented hybrid rice and solved billions of people's eating problems. The wealth behind them can not be measured in terms of money.


    So who is the richest in China?

    enterprise

    Home? Many people may think of BYD chairman Wang Chuanfu and others.

    Careful people will find that in recent years, the list of richest people in mainland China has "omitted" one person, HUAWEI President Ren Zhengfei.

    As a general manager of a private enterprise with a revenue of nearly 150 billion yuan a year, his money is totally "shabby" compared with other private entrepreneurs.


    HUAWEI's newly released 2009 annual report shows that the company's sales revenue last year reached 149 billion 100 million yuan (about 21 billion 800 million dollars), an increase of 19% over the same period last year, and net profit of 18 billion 300 million yuan (about 2 billion 700 million dollars), up 29.9% over the same period last year.

    In the global communications equipment industry downturn, HUAWEI's 2009 annual report can be commendable, whether it is revenue or net profit, are at the forefront of the industry.


    HUAWEI also disclosed the company's shareholding status for the first time in its annual report. It is a great surprise that compared with other founders of private enterprises, the proportion of Ren Zhengfei's shares is as high as 50%. At the end of last year, the shareholding ratio of the company was only 1.42%.

    Last year, HUAWEI had an employee stock ownership of 61457 people, all of whom were composed of employees, accounting for 64.7% of the total number of employees in 95 thousand.

    After the publication of the annual report, someone gave Ren Zhengfei an account. His equity interest amounted to about 615 million yuan, even if the stock dividends were paid every year, his fortune was no more than 750 million yuan.

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