Huawei 2013 Annual Report Download - page 113

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The Human Resources Committee is comprised
of 15 members, including BOD members, senior
business executives, and senior HR experts. The
Chairman of the committee is Mr. Hu Houkun. The
members include Mr. Guo Ping, Mr. Xu Zhijun, Mr.
Xu Wenwei, Mr. Li Jie, Mr. Ding Yun, Ms. Meng
Wanzhou, Mr. Li Yingtao, Mr. Wan Biao, Ms. He
Tingbo, Mr. Zhang Ping’an, Mr. Zha Jun, Mr. Tian
Feng, Mr. Peng Bo, and Mr. Li Shanlin.
Finance Committee
The Finance Committee is positioned as the
overall enterprise value integrator of the company.
Under the authorization of the BOD, the Finance
Committee exercises macro-control over the
company’s business operations, investment
activities, and enterprise risks, helping to strike
a dynamic balance between opportunities and
resources. This facilitates the company’s effective
growth.
The key roles and responsibilities of the Finance
Committee include:
■Aligning resources with business needs based
on the company’s resources and resource
acquisition capabilities.
■Setting financial objectives for the growth
and investment projects of the company
and responsibility centers; determining the
standards, structure, and pace for resource
investments.
■Measuring the monetary value of key strategies,
conducting forward-looking forecasts and
analysis, and submitting proposals to the BOD.
■Reviewing the company’s annual budgeting
plan, approving the annual budget for each
responsibility center, and ensuring closed-
loop management of the corporate-level
plan, budget, accounting, and performance
appraisals.
■Reviewing the capital structure plan; making
proposals for major financing activities, the
asset structure, and profit distribution.
■Reviewing the company’s key financial policies,
annual financial statements, and issues related
to information disclosure.
■Reviewing capital operations and strategic
cooperation projects, submitting proposals
to the BOD, and periodically assessing the
execution of such projects.
■Reviewing the company’s risk management
framework, advising on trade compliance
issues, and establishing a business continuity
management system.
The Finance Committee meets on a monthly basis
and convenes special sessions as needed. Based
on business needs and requirements of the BOD,
the Finance Committee held 13 meetings in 2013.
At the meetings, the committee reviewed such
items as the company’s medium-to-long-term
business plan, annual budgeting plan, operational
management, capital operations projects, the
capital structure, enterprise risk management,
and subsidiary and joint venture management.
The Finance Committee discussed and established
relevant financial policies and systems, reviewed
and decided on relevant activities, and monitored
the execution of these activities.
The Finance Committee is comprised of 15
members, including BOD members and financial
experts. The Chairman of the committee is Mr. Guo
Ping. The members include Mr. Xu Zhijun, Mr. Hu
Houkun, Mr. Xu Wenwei, Mr. Li Jie, Mr. Ding Yun,
Ms. Meng Wanzhou, Mr. Liang Hua, Mr. Yi Xiang,
Mr. Fang Weiyi, Mr. Zou Zhilei, Mr. CT Johnson,
Mr. Qiao Nengdong, Mr. Yao Fuhai, and Mr. Xiong
Lening.
112 Corporate Governance Report