$9.65 billion distributed by 131,507 "beneficiaries"
Wanna bet those beneficiaries won't all get the same as Ren Zhengfei?
Flush from the sale of various business units, Huawei has distributed a whopping $9.65 billion dividend to current and retired staff under its Employee Shareholders Scheme (ESS). A filing with the Shanghai Clearing House confirms the payment, and according to Huawei's recent 2021 Annual Report published last week, some 131,507 …
I would argue that, without further information on the distribution, the number of recipients is pointless.
The article would just need to mention whether it is based on personal shareholding or if any other calculation basis is used.
I think this is a great idea.
It should be standard practice , mandated by law, that the employees get a fair proportion of the shares of the company they are working for.
("fair" would be a complicated formula but the idea in principle id good)
It seems like the perfect balance between capitalism and communism.
-> Huawei helped BT plumb in Britain. That too was pulled apart by a hawkish US government concerned about the technology being used to help Beijing spies peer in at the West.
Huawei did indeed plumb Britain. And it was pulled apart by the US government, showing you how 'independent' the UK is. Why do we even have a Foreign Office when all it does it take orders from Washington?
It was not about preventing Beijing spies peer at the West, it was about the US not being able to peer at it supposed friends and allies, AKA footrests.
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