Huawei is a private communication technology company, focusing on the production and sales of communication equipment. Although Huawei is not a listed company, it publishes annual reports according to the standards and practices of listed companies. The financial statements in these annual reports are audited by independent auditors to ensure the authenticity, integrity and independence of their business. In addition, Huawei also launched virtual restricted shares for its internal employees, which do not enjoy ownership and voting rights and cannot be transferred or sold.