hiseen
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- Jan 8, 2018
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link: https://mp.weixin.qq.com/s/pfUzfE6l2WC2qfTnQ4EwDw
Partial translation：
"The Associated Press" Joe McDonald: I am sorry that I am not trying to argue with you on this issue. But the US government, the Australian government, they will say that you are selling network equipment to customers. When any customer chooses a manufacturer, he must trust you completely because it is the most operating national telecommunications network infrastructure. Confidential data is put in your hands. If China’s Ministry of National Security finds that Huawei must ask for something for them, what can Huawei do? What will Huawei do? To ensure that Huawei is not a danger to your customers or your country?
Ren Zhengfei: Then I sold the company to you.
"The Associated Press" Joe McDonald: I just bought a small Huawei product.
Ren Zhengfei: If you can't afford it, I will turn it off. We have made it clear that we are only customer-centric and will never do anything that harms our customers. I think Apple has set an example for us and we will learn from Apple. When we face the need to infringe on the interests of our customers, we would rather shut down the company and not be driven by the interests, but do what we should not do.
"Evil" Eamon Barrett: Foreign concerns about Huawei's security are due to your military experience, and on the other hand, the Chinese government is more or less holding Huawei in some form. Huawei's external propaganda is entirely a company in which employees hold shares, but it is a secret to external equity and structure. The disclosure or listing of information in this area can greatly alleviate this concern. Why is Huawei's shareholding structure so mysterious?
Ren Zhengfei: Everyone has seen that the story of the success of a capital-first company is very small. Capital is more greedy. If it has interests, it will be taken away quickly and lose its pursuit of ideals. Just because we are a private company, we will pursue the ideals tirelessly. From the beginning of hundreds of people, we rushed to a "city wall", and thousands of people, tens of thousands, and hundreds of thousands of people still rushed to the same "wall". To this "wall wall", our annual research and development funding has reached 15-20 billion US dollars, and the total R&D expenditure will exceed 100 billion US dollars in the next five years. Capital companies are optimistic about a beautiful financial statement. We are optimistic about the future industrial structure. Therefore, our decision-making system is different. We are very simple and strive for human beings to enter the information society.
At the same time, I also tell you a message: our company has 96,668 shareholding employees. A few days ago, on January 12, we completed the election of a new shareholding employee representative in 170 countries and 416 polling points. It lasted for one year, first of all, the propaganda of the governance charter, let employees understand what the company's governance structure is; then select candidates in layers and grades, each floor of the candidates must self-proclaim, and strive for shareholders to identify with him, he is not selected On, just nominated. These nominations are then aggregated to the next level of organization, and more widely sought public opinion, to achieve a certain convergence. After the convergence, the list will be reviewed and negotiated by high-level organizations at all levels to listen to public opinion and investigations, then converge again, and finally report to the election committee. After reporting, they will return and converge to more than 200 people, and then put them on the information platform. Publicly solicit opinions and vote again. Determine the list of candidates.
On January 12th, we completed a global vote. These days, the messengers are carrying these votes back to fly back. The shareholding employee representative assembly is the highest authority of the company. The ownership of the company is 96,768 shareholders. These people are either Huawei employees or retired employees who have worked for Huawei for many years. No non-Huawei employees hold one cent stock, and no external organization holds one. US stocks, there is no one-cent stock in any government department. The company has a warehouse to store equity data. Journalists are welcome to visit and spot check.
I didn't have money when I started my business. I changed from the military, and our husband and wife together got a demobilization fee of about 3,000 yuan. At that time, Shenzhen required the company's registered capital to be at least 20,000 yuan. I obtained 21,000 yuan of funds through fund-raising and registered the company. Today, I personally hold shares in Huawei accounted for 1.14% of the total number of shares, I know that Jobs' shareholding ratio is 0.58%, indicating that my shareholdings continue to decline should be reasonable, to learn from Jobs.
"Wall Street Journal" Dan Strumpf: We have seen some new restrictions on the future development of Huawei 5G, and the next step is likely to be more restricted. Officials in Poland last week also said that NATO countries should issue a unified position against Huawei, so considering these possible restrictions, Huawei will have a large part of the market. What does this mean for Huawei, both from a business perspective and from a reputation perspective? How will Huawei respond in the future?
Ren Zhengfei: First of all, whether the Polish proposal can work, I don’t know. Because the country of Poland is small, can there be such a big push. Germany and France may have a bigger impact. Polish companies can play a role, I don't know yet. Even if Poland can realize its ideas, it is not important to our company. Because Huawei is not a listed company, we don't need a beautiful financial statement. When these countries don't buy our products, we shrink properly. As long as we can support our employees, we have a future.
Our annual R&D investment is 15 billion to 20 billion US dollars, and the input intensity is ranked in the top five in the world. We have obtained 87,805 patents for licensing, of which 11,152 are core technology patents in the United States. We have participated in more than 360 standards organizations and contributed more than 54,000 proposals. Our ability in communications is the world's strongest. Therefore, I believe that countries that do not choose Huawei and those that choose Huawei will have contrasts in the future. We cannot limit their choices.
Huawei has made a lot of efforts on 5G. Now it has signed more than 30 5G contracts, shipped 25,000 base stations and 2570 5G patents. As long as we do a good job, there will always be people who want to buy it; if the product is not good, then no matter how publicized, no one else will buy it. The only thing we can do is to simplify internal management, let the internal focus on getting the product done, and doing the service well. This is the way we truly respond to this changing world.
There are only a few manufacturers that do 5G in the world, and there are not many manufacturers that do microwave. It is able to combine 5G base stations with state-of-the-art microwave technology, and only Huawei can do it in the world. The base station can be backhauled with microwave ultra-wideband without fiber, which is a very economical and very scientific way. It is especially suitable for rural areas where people are sparsely populated. Don't think that rural areas are poor places. A large number of villas in the United States are very scattered high-end rural areas. If there is no fiber, how does it look at 8K TV? If you don't rely on Huawei, it needs a very high cost to achieve it. It is not these countries that ban Huawei's 5G, but ask Huawei to sell this 5G to it. Of course, Huawei is customer-centric and may still sell.
16, "Bloomberg" plateau: Then just asked, are you planning to retire now? The other two questions about the United States, you said that there is no good channel to communicate with the US government. Now that so many foreign media are sitting here, if you want to say something to the US government, the message you want to convey is what? In addition, Trump sent a Twitter before saying that if the intervention of Meng Xizhou is beneficial to Sino-US trade war negotiations, he will do this. What do you think of Trump?
Ren Zhengfei: The first question, my retirement depends on when Google invented new drugs to make people immortal. I am waiting for this medicine?
The second question, if you ask me to say a word to the United States through the media, it is "cooperation and win-win." Because of the increasingly high-tech world, it is increasingly impossible to complete one thing completely by one country and one company. In the industrial age, a country can independently make a complete textile machine, a complete train, a complete ship, and the information society is highly dependent on each other to promote the faster progress of human society. The future expansion of the human information society is infinitely huge, so no single market opportunity can be completed independently by a company, and it needs to be shared by thousands of companies.
The third question, for President Trump saying "to manage the events of Meng Wanzhou", then I can only wait and see, I can't make a judgment now. Regarding President Trump’s personal opinion, I still think that he is a great president and dare to bring down the taxation greatly, which is conducive to the development of the US industry. With the large-scale use of artificial intelligence in industry and management, trade union issues, welfare issues, and strike problems have all been resolved in the past. Tax cuts are good for investment, which is equivalent to digging a piece of land, which is conducive to the flow of water. But only by being kind to all countries and being kind to all companies, will everyone actively invest and invest in generating benefits to make up for the reduction in taxes. If you don't move, you will scare some countries, scare some companies, and arrest people if you don't move. Whoever dares to invest in the United States, the superior environment created by taxation will not play a role.
Partial translation：
"The Associated Press" Joe McDonald: I am sorry that I am not trying to argue with you on this issue. But the US government, the Australian government, they will say that you are selling network equipment to customers. When any customer chooses a manufacturer, he must trust you completely because it is the most operating national telecommunications network infrastructure. Confidential data is put in your hands. If China’s Ministry of National Security finds that Huawei must ask for something for them, what can Huawei do? What will Huawei do? To ensure that Huawei is not a danger to your customers or your country?
Ren Zhengfei: Then I sold the company to you.
"The Associated Press" Joe McDonald: I just bought a small Huawei product.
Ren Zhengfei: If you can't afford it, I will turn it off. We have made it clear that we are only customer-centric and will never do anything that harms our customers. I think Apple has set an example for us and we will learn from Apple. When we face the need to infringe on the interests of our customers, we would rather shut down the company and not be driven by the interests, but do what we should not do.
"Evil" Eamon Barrett: Foreign concerns about Huawei's security are due to your military experience, and on the other hand, the Chinese government is more or less holding Huawei in some form. Huawei's external propaganda is entirely a company in which employees hold shares, but it is a secret to external equity and structure. The disclosure or listing of information in this area can greatly alleviate this concern. Why is Huawei's shareholding structure so mysterious?
Ren Zhengfei: Everyone has seen that the story of the success of a capital-first company is very small. Capital is more greedy. If it has interests, it will be taken away quickly and lose its pursuit of ideals. Just because we are a private company, we will pursue the ideals tirelessly. From the beginning of hundreds of people, we rushed to a "city wall", and thousands of people, tens of thousands, and hundreds of thousands of people still rushed to the same "wall". To this "wall wall", our annual research and development funding has reached 15-20 billion US dollars, and the total R&D expenditure will exceed 100 billion US dollars in the next five years. Capital companies are optimistic about a beautiful financial statement. We are optimistic about the future industrial structure. Therefore, our decision-making system is different. We are very simple and strive for human beings to enter the information society.
At the same time, I also tell you a message: our company has 96,668 shareholding employees. A few days ago, on January 12, we completed the election of a new shareholding employee representative in 170 countries and 416 polling points. It lasted for one year, first of all, the propaganda of the governance charter, let employees understand what the company's governance structure is; then select candidates in layers and grades, each floor of the candidates must self-proclaim, and strive for shareholders to identify with him, he is not selected On, just nominated. These nominations are then aggregated to the next level of organization, and more widely sought public opinion, to achieve a certain convergence. After the convergence, the list will be reviewed and negotiated by high-level organizations at all levels to listen to public opinion and investigations, then converge again, and finally report to the election committee. After reporting, they will return and converge to more than 200 people, and then put them on the information platform. Publicly solicit opinions and vote again. Determine the list of candidates.
On January 12th, we completed a global vote. These days, the messengers are carrying these votes back to fly back. The shareholding employee representative assembly is the highest authority of the company. The ownership of the company is 96,768 shareholders. These people are either Huawei employees or retired employees who have worked for Huawei for many years. No non-Huawei employees hold one cent stock, and no external organization holds one. US stocks, there is no one-cent stock in any government department. The company has a warehouse to store equity data. Journalists are welcome to visit and spot check.
I didn't have money when I started my business. I changed from the military, and our husband and wife together got a demobilization fee of about 3,000 yuan. At that time, Shenzhen required the company's registered capital to be at least 20,000 yuan. I obtained 21,000 yuan of funds through fund-raising and registered the company. Today, I personally hold shares in Huawei accounted for 1.14% of the total number of shares, I know that Jobs' shareholding ratio is 0.58%, indicating that my shareholdings continue to decline should be reasonable, to learn from Jobs.
"Wall Street Journal" Dan Strumpf: We have seen some new restrictions on the future development of Huawei 5G, and the next step is likely to be more restricted. Officials in Poland last week also said that NATO countries should issue a unified position against Huawei, so considering these possible restrictions, Huawei will have a large part of the market. What does this mean for Huawei, both from a business perspective and from a reputation perspective? How will Huawei respond in the future?
Ren Zhengfei: First of all, whether the Polish proposal can work, I don’t know. Because the country of Poland is small, can there be such a big push. Germany and France may have a bigger impact. Polish companies can play a role, I don't know yet. Even if Poland can realize its ideas, it is not important to our company. Because Huawei is not a listed company, we don't need a beautiful financial statement. When these countries don't buy our products, we shrink properly. As long as we can support our employees, we have a future.
Our annual R&D investment is 15 billion to 20 billion US dollars, and the input intensity is ranked in the top five in the world. We have obtained 87,805 patents for licensing, of which 11,152 are core technology patents in the United States. We have participated in more than 360 standards organizations and contributed more than 54,000 proposals. Our ability in communications is the world's strongest. Therefore, I believe that countries that do not choose Huawei and those that choose Huawei will have contrasts in the future. We cannot limit their choices.
Huawei has made a lot of efforts on 5G. Now it has signed more than 30 5G contracts, shipped 25,000 base stations and 2570 5G patents. As long as we do a good job, there will always be people who want to buy it; if the product is not good, then no matter how publicized, no one else will buy it. The only thing we can do is to simplify internal management, let the internal focus on getting the product done, and doing the service well. This is the way we truly respond to this changing world.
There are only a few manufacturers that do 5G in the world, and there are not many manufacturers that do microwave. It is able to combine 5G base stations with state-of-the-art microwave technology, and only Huawei can do it in the world. The base station can be backhauled with microwave ultra-wideband without fiber, which is a very economical and very scientific way. It is especially suitable for rural areas where people are sparsely populated. Don't think that rural areas are poor places. A large number of villas in the United States are very scattered high-end rural areas. If there is no fiber, how does it look at 8K TV? If you don't rely on Huawei, it needs a very high cost to achieve it. It is not these countries that ban Huawei's 5G, but ask Huawei to sell this 5G to it. Of course, Huawei is customer-centric and may still sell.
16, "Bloomberg" plateau: Then just asked, are you planning to retire now? The other two questions about the United States, you said that there is no good channel to communicate with the US government. Now that so many foreign media are sitting here, if you want to say something to the US government, the message you want to convey is what? In addition, Trump sent a Twitter before saying that if the intervention of Meng Xizhou is beneficial to Sino-US trade war negotiations, he will do this. What do you think of Trump?
Ren Zhengfei: The first question, my retirement depends on when Google invented new drugs to make people immortal. I am waiting for this medicine?
The second question, if you ask me to say a word to the United States through the media, it is "cooperation and win-win." Because of the increasingly high-tech world, it is increasingly impossible to complete one thing completely by one country and one company. In the industrial age, a country can independently make a complete textile machine, a complete train, a complete ship, and the information society is highly dependent on each other to promote the faster progress of human society. The future expansion of the human information society is infinitely huge, so no single market opportunity can be completed independently by a company, and it needs to be shared by thousands of companies.
The third question, for President Trump saying "to manage the events of Meng Wanzhou", then I can only wait and see, I can't make a judgment now. Regarding President Trump’s personal opinion, I still think that he is a great president and dare to bring down the taxation greatly, which is conducive to the development of the US industry. With the large-scale use of artificial intelligence in industry and management, trade union issues, welfare issues, and strike problems have all been resolved in the past. Tax cuts are good for investment, which is equivalent to digging a piece of land, which is conducive to the flow of water. But only by being kind to all countries and being kind to all companies, will everyone actively invest and invest in generating benefits to make up for the reduction in taxes. If you don't move, you will scare some countries, scare some companies, and arrest people if you don't move. Whoever dares to invest in the United States, the superior environment created by taxation will not play a role.
