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106 Huawei Investment & Holding Co., Ltd. 2014 Annual Report
The Shareholders' Meeting and the Representatives'
Commission
The Shareholders' Meeting is the highest authority
within the Company, and comprises two shareholders:
the Union and Mr. Ren Zhengfei.
The Company's major issues, which involve the
decisions of the Union as a shareholder of the
Company, shall be primarily reviewed and decided on
by the Representatives' Commission (the "Commission").
The Commission consists of all representatives of
shareholding employees ("Representatives") and
exercises rights on behalf of all shareholding employees.
In 2014, the Commission held two meetings. At these
meetings, the Commission approved proposals on
annual profit distribution, capital increases, regulations
on the by-elections of members of the Supervisory
Board, and the incentive program – TUP, etc. The
Commission elected five additional members to the
Supervisory Board.
The 51 Representatives and 9 Alternate Representatives
are elected by the active shareholding employees with
a term of five years. In the event that there is a
vacancy in the body of Representatives, the Alternate
Representatives shall take up the vacancy in a
predetermined sequence. The existing Commission was
elected in December 2010.
At present, the Representatives are Ms. Sun Yafang,
Mr. Guo Ping, Mr. Xu Zhijun, Mr. Hu Houkun, Mr. Ren
Zhengfei, Mr. Xu Wenwei, Mr. Li Jie, Mr. Ding Yun,
Ms. Meng Wanzhou, Ms. Chen Lifang, Mr. Wan Biao,
Mr. Zhang Ping'an, Mr. Yu Chengdong, Mr. Liang Hua,
Mr. Ren Shulu, Mr. Tian Feng, Mr. Deng Biao, Mr.
Zhou Daiqi, Mr. Cai Liqun, Mr. Jiang Xisheng, Mr. Yin
Xuquan, Mr. Yao Fuhai, Mr. Zha Jun, Mr. Li Yingtao, Ms.
Ji Ping, Mr. Tao Jingwen, Mr. Zhang Shunmao, Mr. Ding
Shaohua, Mr. Li Jin'ge, Mr. Wang Shengli, Mr. Wang
Kexiang, Mr. Lv Ke, Mr. Yang Kaijun, Mr. Jiang Yafei,
Ms. He Tingbo, Mr. Sun Ming, Mr. Wu Kunhong, Mr.
Zhao Yong, Ms. Yan Weimin, Mr. Tang Xiaoming, Mr.
Wang Jiading, Mr. Wei Chengmin, Mr. Xiong Lening, Mr.
Li Shanlin, Mr. Xu Chi, Mr. Yang Shu, Mr. Song Liuping,
Mr. Zhou Hong, Ms. Chen Jun, Mr. Hui Chun, and Mr.
Yang Yuefeng.
Board of Directors and Committees
The Board of Directors (BOD) is the decision-making
body for corporate strategy and management. The BOD
guides and oversees the overall business operations
and makes decisions on significant strategic issues. The
BOD has established the Human Resources Committee,
the Finance Committee, the Strategy & Development
Committee, and the Audit Committee to assist and
support BOD operations.
The main responsibilities of the BOD are to:
■ Decide on the company's strategic directions; and
approve and monitor the execution of the company's
medium-to-long-term development plan.
■ Provide advice and guidance to management
regarding significant issues, including major crises
and market changes.
■ Review the company's business operations,
organization, and processes; and approve
major organizational restructurings, business
transformations, and process transformations.
■ Approve the company's major financial policies,
financial arrangements, and business transactions.
■ Approve the company's operating results, financial
results, and financial statements.
■ Establish the company's monitoring mechanisms and
oversee their execution.