Huawei is a world-renowned technology company, mainly engaged in the research and development, production and sales of communication equipment, smart phones, computers and other products. There are many reasons why Huawei chose not to go public, including corporate governance, ownership structure, capital demand and so on. Ren Zeng, founder of Huawei, once said that Huawei did not go public in order to maintain its independence and long-term development strategy.
Although Huawei is not listed in the open market, it has achieved remarkable commercial success in the world and become one of the largest suppliers of communication equipment in the world.