27 February 2020

Employees own 99% of Huawei, report says

Ninety-nine percent of telecommunications equipment supplier Huawei Technologies Co. Ltd. is owned by its 80,000 employees through their labor union, technology industry blog reported Tuesday, citing media reports. The number of Huawei employees who hold stakes in the company reached 74,300 as of December 2012, up from 65,596 a year earlier. Most of the employees own tens of thousands of shares, while a small number of them own millions of shares, the report said.

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