The registered capital of Huawei Technologies was increased from about 40.21 billion yuan to about 40.31 billion yuan on December 27, data from Tianyancha showed.
Huawei Technologies was established in September 1987. Its legal representative is Zhao Minglu.
Its business scope includes the development and production of transmission equipment, data communication equipment, wireless communication equipment, software, computers and supporting equipment, terminal equipment and related communication information products.
According to its equity structure, the company is wholly-owned by Huawei Investment & Holding, and Ren Zhengfei holds 0.94% of the latter.
It is worth noting that on December 19 the registered capital of Huawei Investment & Holding was increased from about 22.2 billion yuan to about 29.4 billion yuan, an increase of 32%.
Huawei Investment & Holding was established in March 2003 with its legal representative being Zhao Minglu.
It has two shareholders, corporate records say. Huawei founder Ren Zhengfei holds 0.94% of the company's shares as the second largest shareholder and the rest are owned by an entity called the Union of Huawei Investment & Holding.
This is Huaweiโs labor union, and it owns most of the company purely out of legal convenience.
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