When you are emptying your wallet on Singles Day, Huawei chooses to give money to employees on this day.

On November 11, it was reported that Huawei handed out two special awards on Singles Day. The first is the Sunshine Award. As long as it passes the examination, everyone will receive one month's Sunshine salary. The second one pays a 2 billion bonus to those who participate in the switching of domestic components.

However, we have learned from Huawei insiders that Huawei did issue an internal Sunshine Award for one month's basic salary to employees who contributed on November 11, but the target of the second 2 billion bonus is not clear. it may be the core employees of the department involved in replacing imported parts from the United States.

The latest financial report also shows that Huawei is not short of money and still achieved good results under the Sino-US trade frictions. in the first three quarters, its operating income reached 600 billion comparable to that of Industrial and Commercial Bank of China (5.77-1.70%, clinic stock) (01398), and its net profit also reached 53.5 billion yuan, an increase of 21.59% over the same period last year.

Each person is paid at least one more month's salary.

On November 11, a Huawei employee revealed on the social network, "double 11, Huawei pays two special bonuses!" The first one, everyone's salary is sunny for a month! Issued in November! Second, 2 billion bonus will be paid to those who participate in the switching of domestic components. "

According to the above-mentioned netizens, the bonus is to thank employees for their efforts and struggle since Huawei was sanctioned in May. Among them, everyone has a share of the sunny hard struggle Award, which will be issued on November 15. After calculating the two bonuses, the core employees of level 16 are estimated to receive at least 150000 yuan in bonuses.

According to the Beijing Youth Daily, Huawei said that the company decided to award a "special struggle award" to employees who contributed to the US crackdown on containment. In order to reflect the company's incentive orientation, according to the resolution of the Huawei Board standing Committee on awarding the Special struggle Award, it was distributed to Huawei employees who were in office on November 1, 2019. Does not include the mid-2019 performance of C _ pact D, violation of the competition agreement, BCG economic violations or information security level violations and other special cases.

"it is true that everyone pays a sunny salary for a month, but I don't know much about the 2 billion bonus and I didn't see the documents," a person inside Huawei told reporters. I also envy the core employees who participate in domestic replacement projects.

According to China Entrepreneur, the 2 billion bonus package is only available to some people, mainly departments that replace parts imported from the United States, such as Hayes, Purchasing, Kunpeng, etc., involving chips, Google's Android service suite, operating system, business software and other alternative businesses, which are expected to be completed in December. "it is estimated that it is taken out of the year-end bonus pool, the wool comes from the sheep, and the stock dividend may be small at the end of the year. "

It is understood that Huawei currently operates in more than 170 countries and regions in the world. On May 16 and August 19 this year, the US Department of Commerce and the Industrial Security Administration (BIS) listed 69 Huawei and 46 non-US affiliated companies on the entity list in accordance with Section 744.11 (b) of the US Export Control Act (EAR). All items controlled by EAR (including hardware, software, technology, etc.) are exported, re-exported or transferred to the relevant companies included in the entity list. Must apply to the United States Department of Commerce for permission (i.e. "entity list event").

As part of Huawei's supply was affected by the entity list incident, Huawei has also taken active measures to reduce the impact of the incident.

Huawei pays high salaries to "young geniuses"

In late July, Huawei founder Ren Zhengfei issued an email from the president's office announcing the implementation of an annual salary system for eight top students of the class of 2019. The eight employees all have doctoral degrees, and the annual salary of the highest two employees is 1.82 million-2.01 million yuan; the annual salary of two employees is 1.405 million-1.565 million yuan; and finally, the annual salary of four employees is 896000-1.008 million yuan.

Huawei said that to win the future technological and commercial wars, technological innovation and business innovation mass entrepreneurship and innovation drive is the core driving force, innovation must have the world's top talents, there must be top talents to give full play to their talents. Huawei wants to use top challenges and salaries to attract top talent. This year, it will recruit 20 to 30 talented "teenagers" from all over the world, which will gradually increase in the future and adjust the combat capability structure of the team.

The move follows the statement made by Ren Zhengfei a month ago, when Huawei released a full email on June 27, revealing Ren's "20-minute" speech at EMT. "this year we will recruit 20-30 talented teenagers from around the world, and next year we want to recruit 200-300 from around the world," Ren said. These talented teenagers are like Loach, drilling into our organization and activating our team. He said, "Huawei wants to drag the world forward in the future and create its own standards. as long as we can make it the most advanced in the world, then we are the standards, and others will come close to us. "

According to data provided by Huawei, Huawei has more than 700 mathematicians, more than 800 physicists, more than 120 chemists, 15000 people engaged in basic research and more than 60, 000 product development personnel. At the same time, Huawei has cooperated with more than 300 universities, more than 900 research institutions and companies around the world, implemented 7840 projects, invested US $1.8 billion, and signed more than 1000 R & D cooperation contracts paid by foreign countries.

Ren Zhengfei once cited an example. Huawei has a young man in Russia who can't fall in love and is not good at dealing with people. He is only good at math. He plays computer in the company every day and doesn't know what he is doing. One day, he suddenly said that he had made a breakthrough from 2G to 3G. Huawei is now leading the world with 5G, which is related to this young man's algorithm breakthrough.

Earlier, Ren Zhengfei mentioned the "concept of talent" in an exclusive interview with CCTV.. He said that after World War II, the industrial base of Germany and Japan were destroyed. At that time, there was a famous slogan, "there is nothing left, as long as people are still there, we can regain our strength." within a few years, Germany was revitalized, all the houses were repaired as in the past, and Japan's economy recovered quickly.

Ren Zhengfei said: "this is the most important thing because of their talent, their education and their foundation." All lost, can not lose is people, people's quality, people's skills, people's confidence is very important. "

Net profit of 53.5 billion yuan in the first three quarters of this year

In fact, in terms of Huawei's own performance, whether it is issuing bonds to borrow money or spending hundreds of millions of dollars in bonuses to employees, the company itself is not short of money.

Data show that from 2016 to 2018, Huawei realized operating income of 518.068 billion yuan, 598.48 billion yuan and 715.192 billion yuan, up 31.58%, 15.52% and 19.50%, respectively, with an average annual compound growth rate of 17.49%.

From 2016 to 2018, the net profit of Huawei's merger was 37.05 billion yuan, 47.45 billion yuan and 59.34 billion yuan respectively.

According to Huawei's latest quarterly report, Huawei achieved operating revenue of 603.3 billion yuan in the first three quarters of this year, up 24% from a year earlier, and net profit reached 53.5 billion yuan, up 21.59% from 44 billion yuan in the same period last year.

In terms of revenue scale, Huawei has achieved 600 billion level of operating revenue, which is already comparable to China's most profitable "cosmos" Industrial and Commercial Bank of China, with Industrial and Commercial Bank of China's operating income in the first three quarters of 646.9 billion yuan.

When it comes to handing out money to employees, Huawei is also arrogant, rising year after year in the past three years. The balance sheets of 2016, 2017 and 2018 show that the salaries payable for employees are 72.44 billion yuan, 91.857 billion yuan and 98.163 billion yuan respectively, and 78.951 billion yuan for the first three quarters of 2019.

In terms of asset-liability ratio, Huawei's asset-liability ratio was 68.41%, 65.24%, 64.99% and 65.5% respectively in 2016, 2017, 2018 and the end of the first half of 2019, which was relatively stable.

In addition, according to the balance sheet, Huawei's liquid assets with total assets of 771.1 billion yuan reached 642.1 billion yuan by the end of 2019, and the monetary funds lying on the account reached 253.2 billion yuan.