It is understood that in the early days of Huawei's establishment, as a private enterprise, it was difficult to raise funds. At the same time, in order to attract talents, all employees were allowed to hold shares, which diluted the shares, but the company's execution was particularly strong.
Therefore, Huawei not only pursues enterprise scale, but also has no shortage of funds for development. It will never enter the capital market and will never go public. This is determined by Huawei's development model and the company's development model formulated by any chairman.
Relevant details of Huawei.
Huawei focuses on the field of ICT infrastructure, constantly innovating around the needs of customers such as government and public utilities, finance, energy, electricity and transportation, and providing ICT products and solutions that can be integrated by partners to help enterprises improve the efficiency of communication, office and production systems and reduce operating costs.
Up to now, Huawei's products and solutions have been applied in more than 170 countries around the world, serving 45 of the world's top 50 operators and13 of the global population.
Reference to the above content: Baidu Encyclopedia-Huawei Technology Co., Ltd.