Huawei will provide more than 50 billion yuan of dividends for “fighters”

Recently, Huawei has announced a dividend data report and confirmed to continue to implement stock dividends with an estimated 1.58 yuan per share. Meanwhile, several Huawei insiders mentioned that despite facing a lot of difficulties, the company will still provide more than 50 billion yuan of dividends for fighters.

According to the information, the total share capital of Huawei was 34.7575 billion as of December 2020. In the past year, Huawei has faced lots of issues, many new talents joined and many people have left Huawei.

Also, many shares have also been repurchased. But, the overall share capital should not have changed much. A person very close calculated at a dividend of 1.58 yuan per share, in 2021 and said that Huawei will spend more than 50 billion yuan to distribute red envelopes to “Striver”.

Previous information reveals that the annual sales revenue in 2021 will be about 634 billion yuan, which will drop by 29% compared to 2020. According to Huawei’s official website, Huawei Investment Holdings Co., Ltd. is a 100% employee-owned private enterprise and the company implements the employee stock ownership plan through the labor union. Further, Huawei’s internal equity plan began in 1990.

As of December 31, 2020, the number of participants in the employee stock ownership plan was 121,269, and all participants were company employees. The founder Ren Zhengfei held the company’s shares as a natural person shareholder.

At the same time, Ren Zhengfei also participated in the employee stock ownership plan. As of December 31, 2020, Ren Zhengfei’s total investment was equivalent to approximately 0.90% of the company’s total share capital.

(Source: ithome)