Ren Zhengfei: Huawei will never be listed

Huawei’s president, Ren Zhengfei, who has rarely contacted the media, recently received an interview in London. Ren Zhengfei said that Huawei will never go public because "the capital market is greedy."

Among the Fortune 500 companies, Huawei is the only non-listed company. When some countries frequently impose restrictions on Huawei due to the so-called "military background," they hope that Huawei's proposal of dispelling doubts through listing will continue to be mentioned. . This time, Ren Zhengfei expressed his attitude openly, "Huawei is definitely not listed."

Ren Zhengfei explained that Huawei did not go public, saying that although a large number of theories in traditional economics claim that shareholders have a long-term perspective, they will not pursue short-term interests and will make very reasonable and well-founded investments in the future. In fact, shareholders are “greedy” and they hope to drain every profit of the company as soon as possible, and those who own this company will not be so greedy. "One of the reasons why we are able to surpass our competitors is that we are not listed."

In fact, former Huawei executives disclosed on different occasions that Huawei had no intention of listing in recent years. The position of Ren Zhengfei made a clear conclusion to the outside world's conjecture on the listing of Huawei. Ren Zhengfei also said that even if it is not listed, Huawei can also be transparent enough in its business.

At the same time, he once again explained Huawei's internal equity structure, saying that he only holds 1.4% of the shares, and the rest are held by company employees. “Huawei’s employees are also owners of the company, so they tend to focus on the long-term, not rush to cash out.” He also mentioned “but, I can not live forever, and maybe one day Huawei will become greedy.”