Meng Wanzhou made a major breakthrough half a year later, and Ren Zhengfei's vision is beyond doubt
As Huawei is one of the largest technology companies, its organizational structure is also very unique, with three rotating chairmen on the board of directors, in addition to the chairman and CEO, who serve as rotating chairmen every six months.
Huawei's three rotating chairmen are Xu Zhijun, Hu Houkun and Meng Wanzhou, who became a rotating chairman in April 2022, so a year later, in April 2023, Meng Wanzhou finally took the lead as rotating chairman and may soon become Huawei's top leader.
As Huawei's rotating chairman, he was the company's top leader during his tenure, leading the company's board of directors and executive board, so as of April this year, Meng Wanzhou and others are really powerful, so what achievements has Huawei made in this half a year?
In recent days, Huawei officially announced its operating results for the first half of 2023, which are enough to prove that Meng Wanzhou can do great things.
According to the report, in the first half of 2023, Huawei achieved sales revenue of 310.9 billion yuan, a year-on-year increase of 31%；The net profit was 4663.5 billion yuan, net profit margin of 150%, an increase of 10 percentage points year-on-year.
Although the revenue growth is not large, the net profit performance is very bright, reaching the highest net profit margin in the past five years, which is far more than the net profit of 35.6 billion yuan in 2022.
Meng Wanzhou clearly emphasized that Huawei's increased profitability is due to Huawei's continuous investment in greenfield technology, which not only captures the development trend of digitalization, intelligence, and low-carbonization, but also continuously increases investment in greenfield technology.
In the first half of 2023, Huawei's ICT infrastructure business maintained steady growth, with increased terminal revenue, and good growth in digital power and cloud businesses.
Over the past decade, Huawei has invested more than 977.3 billion yuan in R&D, and it is this long-term spirit of innovation that has enabled Huawei to maintain its leading position in the rapidly changing market environment.
Of course, there is another reason for this: Meng Wanzhou herself is a financial director and has rich experience in the company's financial management, so during her tenure as rotating chairman, Meng Wanzhou can also carry out financial optimization to show her ability.
However, this is a small point, the most important thing is that Huawei itself is strong enough, Meng Wanzhou showed her strength as soon as she took office, so that Huawei's net profit increased so much, and it also proved that she has the ability to do this big job.
I have to say that Ren Zhengfei did not look down on this eldest daughter.
You must know that in 2019, Ren Zhengfei once said to **"It is impossible for Meng Wanzhou to become a ** person, because she has no technical background"。
But soon after Meng Wanzhou returned to China, the situation changed completely, and Meng Wanzhou became a veritable ** person, although each tenure was only half a year, but this experience will make Meng Wanzhou take over the baton from Huawei!
Ren Zhengfei made it clear that Meng Wanzhou can't be a top person, but in the end, she still has to support the road of a top person, because the president's project management has never been technical, and the focus is on understanding the direction of the strategy and meeting cadres with people.
Meng Wanzhou's experience has sharpened into a female entrepreneur who understands strategy. In the United States, in the face of various difficulties, Meng Wanzhou is right"Strategy"There is a deep understanding of the two words.
In addition, Meng Wanzhou's bones are strong enough and she does not have hypochondriasis, which is very recognized by Ren Zhengfei and the board of directors, so it is only fitting for Meng Wanzhou to serve as the rotating chairman of Huawei's board of directors.
Under Meng Wanzhou's leadership, Huawei has made great progress, because Meng Wanzhou has thoroughly understood Huawei's strategy and has determined the future development direction in place.
Now, Meng Wanzhou has become the rotating president, in this position, she wants to prove her worth, she wants to be in charge of Huawei's top people, I believe that under her leadership, she will be able to help Huawei start a new journey and welcome a new dawn!