Chinese language manufacturing big, Huawei, remains to be struggling within the smartphone market. Nonetheless, Huawei is far more than simply smartphones, thus, it has a complete lot to do in addition to smartphones. The corporate lately opened its largest flagship retailer exterior China. This retailer is situated in Riyadh, the capital of Saudi Arabia. Officers from the Saudi Ministry of Funding and the Ministry of Communications and Info Expertise attended the opening occasion.

The Huawei Riyadh flagship retailer is situated within the heart of the “Riyadh Frontline” industrial complicated. The flagship retailer has 2 flooring and covers an space of ​​greater than 2,000 sq. meters. It shows Huawei’s newest merchandise and applied sciences within the fields of 5G, synthetic intelligence, and cellular cloud companies.

Based on experiences, Huawei’s flagship retailer has employed greater than 40 Saudi staff as product consultants to supply prospects with buying recommendation and technical assist. Clients can expertise sensible merchandise in themed eventualities resembling sensible residence, cellular workplace, health, journey, and leisure within the retailer.

Huawei stays in a really tough scenario

Though Huawei remains to be in a tough interval, Shanghai Securities claims that the corporate nonetheless gives greater than 50 billion yuan ($7.eight billion) for dividends. Based on the report, after a number of verifications, Huawei’s 2021 inventory dividend plan is now official. The corporate will proceed to implement inventory dividends, that are anticipated to be 1.58 yuan per share.

As of December 31, 2020, Huawei’s whole share capital was roughly 34.7575 billion shares. An insider mentioned…”The previous 12 months has been a 12 months of enormous turnover of Huawei’s personnel. Many skills have newly joined Huawei, and many individuals have left Huawei. Nonetheless, we proceed to situation further shares. Many shares have additionally been repurchased, and total, the whole share capital shouldn’t change a lot“. Contemplating its variety of shares and the 1.58 yuan per share, Huawei will spend greater than 50 billion yuan ($7.eight billion) in dividends. 

Based on the corporate’s earlier forecast, the annual gross sales income in 2021 will likely be about 634 billion yuan ($99.6), which can drop by 29% in comparison with 2020. Its official web site exhibits that Huawei Funding Holdings Co., Ltd. is a 100% employee-owned non-public enterprise. The corporate implements the worker inventory possession plan via the labor union. Additionally, as of December 31, 2020, the variety of members within the worker inventory possession plan was 121,269, and all members have been firm staff.

Huawei’s inner fairness plan started in 1990. The founder Ren Zhengfei held the corporate’s shares as a pure individual shareholder. On the identical time, Ren Zhengfei additionally participated within the worker inventory possession plan. As of December 31, 2020, Ren Zhengfei’s whole funding was equal to roughly 0.90% of the corporate’s whole share capital.