[Shenzhen, China, Reuters]-China's leading communications equipment company, Huawei [HWT.UL] has more than 180,000 employees and operates in over 170 countries. One of the companies. Annual sales exceed $ 100 billion.
However, in related businesses that are largely unrelated to communications, the relatives of the founder, the non-Chief Executive Officer (CEO), take over the management and remain the remnants of the family company. These businesses range from hotel management to food sales, and Huawei employees and customers are the main customers.
Mr. Nongsho (74) has only 1.14% of Huawei. However, the authority is tremendous, according to internal personnel. It has a veto right and is always circulated to all employees.
An example of Huawei's management involving Ninsho-kun's relatives is famous for his daughter Ninsho-kun, who was detained in Canada last year on suspicion of violating economic sanctions against Iran. On the other hand, brothers, sons, and wives who are not as conspicuous as Mr. Sakaki also have positions at Huawei affiliates.
Mr. Nikiki (63), Ninosho's younger brother and member of Huawei's Oversight Committee, is the Chief Logistics Officer (CLO), responsible for Huawei-related construction, catering, and benefits. . Mr. Nikiju also oversees the construction of a new base in Matsuyama Lake, Guangdong Province, Dongguan, and a housing complex for employees near the Shenzhen headquarters, which will be built by 2023.
According to Colin Hows, an associate professor at the Sydney Institute of Technology and a specialist in corporate governance of Chinese companies, both state-owned and private companies in China are building companies and providing entertainment services for customers. It is not unusual to work on your own.
Huawei's subsidiary, Shenzhen NongDong Commerce, headed by Ningsho Non ’s son, Ningpyeong ’s son, Ningpyeong (44), is engaged in hotel management and supply of housing complexes in Thailand, Saudi Arabia and South Africa. The hotels run by the company are primarily targeted at Huawei employees and customers, but some hotels can be booked via the Internet.
Huawei refused to interview Ms. Nikiki, Ms. Nippei, and executives of Unicom.
China's company registration data shows that Mr. Ningping is also president of Huawei's other subsidiary, Shanghai Moats Trading, and his wife is also affiliated with the company. According to the website, the company sells food imported from all over the world. A selection of wines with Huawei logo, high-quality beef, and high-quality rice are available for purchase by outsiders.
Some Reuters interviewees pointed out that the products of the Shanghai Great Fort Trade are too expensive, but the quality is good and the Huawei logo is included, so they say they are perfect for corporate gifts. Was also asked.
On the other hand, a travel agency affiliated with the Shanghai Great Fort Co., Ltd., Ai Ji-Tong, suspended its operations in August, after appearing to have been affected by the tightening of Huawei by the US government.
Mr. Howes of the Sydney Institute of Technology explained that Huawei's relationship with the founders' relatives is common in Chinese private companies. “There is also a Confucian idea of sharing the success of who the top can trust with the success of one of the relatives,” he added.
Ninosho has emphasized that no matter what happens, someone relative, including Mr. Tsuji, will not take over Huawei's top position.
In interviews, I interviewed nearly a dozen employees, but there was no reaction to the fact that the Ninja family was in control. One employee said, “As long as compensation and dividends are paid, the top family doesn't care what they do.”
(Sijia Jiang reporter)
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