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What are the main problems of Huawei Investment & Holding Co., Ltd?



According to the consolidated financial statements of Huawei Investment & Holding Co., Ltd, given a standard unqualified audit report issued by KPMG, Huawei is only pretending that it has problems with its business. The decrease in consolidated profit by about 69% or RMB 78.4 billion in 2022 is mainly due to the decrease in investment income by 58.4 billion or 95%, and the secondary reason is the increase in operating costs and R&D expenses. The decrease in investment income is due to the decrease of RMB 57.3 billion or 99.6% in investment income from the disposal of long-term equity investments. Huawei's primary business is not the disposal of equity investments.

One of the subsidiaries of Huawei Investment & Holding Co., Ltd was Hubble Technology Venture Capital Co., Ltd.(哈勃科技投资有限公司), Chinese name of which was changed from "哈勃科技投资有限公司" to  "哈勃科技创业投资有限公司" on 5th November 2021.


Huawei Suzhou Institute ie Huawei Digital Technologies (Suzhou) Co., Ltd.(华为数字技术(苏州)有限公司) was incorporated in February 2012 owning building similar to Russian Kremlin, and was a wholly owned subsidiary of Huawei Investment & Holding Co.,Ltd.

The legal representative of Huawei Investment & Holding Co., Ltd is Ming-Lu Zhao , Secretary of the Supervisory Board of Huawei Investment & Holding Co., Ltd and legal representative of Petal Cloud Technology Co., Ltd.; Hong Chen is the person in charge of the financial institution of Huawei Investment & Holding Co., Ltd;

Zi-Ming Guo is the accounting chief of Huawei Investment & Holding Co., Ltd.

Based on public notices of Chinese Communist government, Huawei is an equipment supplier of Chinese People's Liberation Army, a terrorist attack force of terrorist group Chinese Communist Party.

Huawei Investment & Holding Co., Ltd's 2022 annual financial statements disclosed contingencies - pending litigation: Huawei will be tried by a US judge on 28th October 2024, a real problem. The U.S. Department of Justice has charged Huawei with 16 counts, including:

1.Racketeering Conspiracy

"racketeering activity" is defined in the §1961. Definitions of 

TITLE 18—CRIMES AND CRIMINAL PROCEDURE

2.Conspiracy to Steal Trade Secrets

3.Conspiracy to Commit Wire Fraud In or about and between 2009 and the present

4.Conspiracy to Commit Bank Fraud in or about and between November 2007 and May 2015

5.Conspiracy to Commit Bank Fraud in or about and between August 2017 and January 2019

6.Conspiracy to Commit Wire Fraud In or about and between November 2007 and May 2015

7.Bank Fraud In or about and between November 2007 and May 2015

8.Bank Fraud in or about and between August 2017 and January 2019

9.Wire Fraud

10.Conspiracy to Defraud the United States

11.Conspiracy to Violate IEEPA for knowingly and willfully conspiring to cause the export, reexport, sale and supply, directly and indirectly, of goods,technology and services, to wit: banking and other financial services from the United States to Iran and the Government of Iran, without having first obtained the required OFAC license

12.IEEPA Violations for knowingly and willfully causing the export, reexport, sale and supply, directly and indirectly, of goods,technology and services, to wit: banking and other financial services from the United States to Iran and the Government of Iran, without having first obtained the required OFAC license

13.Conspiracy to Violate IEEPA for knowingly and willfully conspiring to cause the export, reexport, sale and supply, directly and indirectly, of goods, technology and services, to wit: telecommunications services provided by a U.S. citizen, to Iran and the Government of Iran, without having first obtained the required OFAC license

14.IEEPA Violation for knowingly and willfully causing the export, reexport, sale and supply, directly and indirectly, of goods, technology and services, to wit: telecommunications services provided by a U.S. citizen, to Iran and the Government of Iran, without having first obtained the required OFAC license

15.Money Laundering Conspiracy

16.Conspiracy to Obstruct Justice

Huawei has also been engaged in activities of providing means to military force of Chinese Communist Party and enforce genocide and crime against humanity in Xinjiang and other parts of China.

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Announcement of winning the bid for the construction project of the information infrastructure emergency construction project of the 31676 troops of the Chinese People's Liberation Army

12:19, May 08, 2020 Source: China Government Procurement NetworkPrint【Display Announcement Summary】

  Tibet Tongzheng Tendering Agency Co., Ltd. was entrusted by the 31676 Army of the Chinese People's Liberation Army to organize the procurement of the "Chinese People's Liberation Army 31676 Army Information Infrastructure Emergency Construction Project" project (project number: XZTZCD2010). The bid evaluation work has been completed, and the winning bid results are as follows :

 

1. Project information

Item number: XZTZCD2010

Project Name: Emergency Construction Project of Information Infrastructure of the 31676 Army of the Chinese People's Liberation Army

Project Contact: Ms. Yang

Contact information: 18689088388

 

2. Purchasing unit information

Name of purchasing unit: Unit 31676 of the Chinese People's Liberation Army

Purchasing Unit Address: Yezhuba, Karuo District, Qamdo

Contact information of the purchasing unit: Mr. Du 17628159813

 

3. Project purpose, brief technical requirements and contract performance date:

Announcement of Winning Bid Results

 

1. Project number XZTZCD2010

2. Project name : Emergency construction of information infrastructure of the 31676 troops of the Chinese People's Liberation Army

Construction project

3. Winning bid information

Supplier Name: Shengyun Technology Co., Ltd.

Institution code: 91530000291982875Q

Supplier Address: 30th Floor, Jinshang No.1 Building, No. 177 Baiyun Road, Panlong District, Kunming City, Yunnan Province

Winning bid (transaction) amount: Seven hundred and twenty-eight thousand yuan ( 7228000.00 yuan )

4. Main target information

Cargo

Name: Integrated service access equipment

Brand (if any): Huawei

Specification model: ME60 series

Quantity: 2

Unit price: 115,000 yuan

  • List of reviewers:

Ye Tao Qunzong Tang Ming Han Jianping Zhang Fujian

  • Agency service fee standard and amount:

Charged according to the 5% reduction in the price of the National Development and Reform Commission [ 2002 No. 1980; the amount is: 72,982 yuan

7. Announcement period

1 working day from the date of publication of this announcement.

8. Other Supplementary Matters

9. For inquiries about the content of this announcement, please contact us in the following ways.

1. Purchaser information

Name: Unit 31676 of the Chinese People's Liberation Army

Address: Yezhuba, Karuo District, Qamdo City

Contact information: Mr. Du 17628159813

  1. Purchasing agency information

Name: Tibet Tongzheng Tendering Agency Co., Ltd.

Agency code: 91540195MA6TB0X71X

Address: Room 11, Floor 9, Unit 1, Building 2, Changdu Grain Bureau

Contact information: Ms. Yang  18689088388 

 

3. Project contact information

Project Contact: Mr. Du

Tel: 17628159813

 

4. Purchasing agency information

Full name of purchasing agency: Tibet Tongzheng Tendering Agency Co., Ltd.

Purchasing agency address: 9-11, Unit 1, Building 2, Changdu Grain Bureau

Purchasing agency contact information: Ms. Yang 18689088388

 

5. Winning Bid Information

Date of tender announcement: April 9, 2020

Date of winning the bid: April 30, 2020

Total winning bid amount: 7.228 million yuan (RMB)

The name, contact address and bid amount of the successful bidder:

Supplier Name: Shengyun Technology Co., Ltd.

Institution code: 91530000291982875Q

Supplier Address: 30th Floor, Jinshang No.1 Building, No. 177 Baiyun Road, Panlong District, Kunming City, Yunnan Province

Winning bid (transaction) amount: Seven hundred and twenty-eight thousand yuan ( 7228000.00 yuan )

The total amount of bidding agency fees for this project: 72,982 yuan (RMB)

The bidding agency fees for this project are as follows:

Charged according to the 5% reduction in the price of the National Development and Reform Commission [2002] No. 1980

 

List of reviewers:

Ye Tao Qunzong Tang Ming Han Jianping Zhang Fujian

 

The name, specification, model, quantity, unit price and service requirements of the winning bidder:

Name: Integrated service access equipment

Brand (if any): Huawei

Specification model: ME60 series

Quantity: 2

Unit price: 115,000 yuan, etc.

Announcement of winning the bid for the procurement of information equipment for the 31614 troops of the Chinese People's Liberation Army

Category: Bid Winning Announcement Date: 2020-10-08

1. Project number: FJGCXM-FS-G-2020-139 (Bidding document number: FJGCXM-FS-G-2020-139)

2. Project name: procurement of information equipment

3. Winning bid (transaction) information

Supplier Name: Beijing Lidian Technology Co., Ltd.

Supplier Address: Room 526, Block D, Main Building, No. 2, Beinong Road, Huilongguan Town, Changping District, Beijing (Changping Demonstration Park)

Winning bid (transaction) amount: 618,500,000 (10,000 yuan)

4. Main target information

serial number   Supplier name   item name   Goods brand   Cargo model   The quantity of goods   Unit price of goods (yuan)
1   Beijing Lidian Technology Co., Ltd.   MCU   Huawei   CloudLink Edge 1000   1 set   228000
       

V. List of review experts (single-source procurement personnel):

Wang Yan, Zhang Li'an, Chen Weishen, Fang Yuewei, Tu Liming

6. Agency service fee standard and amount:

Agency fees for this project: Please refer to the bidding documents for details

The total amount of agency fees for this project: 5,566,500 yuan (RMB)

7. Announcement period

1 working day from the date of publication of this announcement.

8. Other Supplementary Matters

9. For inquiries about the content of this announcement, please contact us in the following ways.

1. Purchaser information

Name: Unit 31614 of the Chinese People's Liberation Army     

address:/        

Contact information:/      

2. Purchasing agency information

Name: Fujian Guocheng Tendering Co., Ltd.            

Address: Unit 608, Building A, Qiming Fortune Center, No. 318, Jintai Road, Huli District, Xiamen City            

Contact information: Mr. Zheng, 0592-5131857/957            

3. Project contact information

Project Contact: Mr. Zheng

Tel: 0592-5131857/957


Procurement project for expansion of Huawei optical transmission equipment boards by the Third Management Office of the 32081 Army of the Chinese People's Liberation Army

Category: Announcement - Bidding
Source: Military Weapons and Equipment Procurement Information Network
Release time: 2018-08-08
End time: 2018-08-16
A brief description
China Electronics Import and Export Co., Ltd. was entrusted by the Third Management Office of the 32081 Unit of the Chinese People's Liberation Army to conduct domestic public bidding for the expansion procurement project of Huawei's optical transmission equipment boards.

Detailed requirements

1. Basic information of the bidding project 1. Bidding number: 0714-EMTC-01-00560 2. Bidding project name: Huawei optical transmission equipment expansion procurement project of the third management office of the 32081 army of the Chinese People's Liberation Army 3. Bidding and procurement content: Huawei optical Expansion procurement of transmission equipment boards (see technical requirements for details) 4. Bidding method: public bidding 5. Funding source: military funds 6. The total budget of this project: RMB 835,000, the bid price of the bidder exceeds the budgeted amount will result in the bid being rejected. 7. Qualification requirements for qualified bidders (1) Have independent legal personality, have the ability to bear civil liability independently, register and operate legally in the People's Republic of China, and be non-foreign-owned or foreign-controlled enterprises and institutions. The legal representative (including the actual controller) must not be a citizen of the People's Republic of China or have the right of permanent residence abroad; (2) have a good business reputation and a sound financial and accounting system; (3) have the necessary equipment and expertise to perform the contract Technical ability; (4) Have a good record of paying taxes and social security funds according to law; (5) Have no major illegal records in business activities in the three years before participating in this bidding; (6) Bidders must be manufacturers or agents , if the bidder is an agent, it must provide the manufacturer's original authorization letter for this project; (7) The manufacturer must obtain the GB/T 19001 quality management system certification or ISO9001 quality management system audited by a nationally recognized certification body Certification certificate or weapon equipment quality system certification certificate; (8) The bidder has not been included in the list of dishonest persons subject to enforcement by the Supreme People's Court on the u201C Credit China u201D website (www.credititchina.gov.cn) or credit information sharing platforms at all levels (9) Not included in the list of seriously illegal and untrustworthy enterprises by the industrial and commercial administration in the national enterprise credit information publicity system; Associated affiliated organizations are not allowed to participate in the bidding; (11) Bidders must purchase bidding documents from the bidding agency and register for the record. Potential bidders who have not purchased the bidding documents from the bidding agency and registered for the record are not eligible to participate in the bidding. (12) Comply with other conditions stipulated by military laws and regulations. 2. Consortium (1) Consortium bids are not accepted for this project. 3. Purchasing bidding documents Purchasing bidding documents according to the following time, place and requirements: 1. Time: From now until August 16, 2018, every day at 8:00 am 30-11:30, 13:30-16:30 pm (Beijing time, except statutory holidays); 2. Venue: China Electronics Import and Export Co., Ltd.; 3. Address: Bidding Office on the 21st floor of CEIEC Building A, Guohai Plaza, No. 17 Fuxing Road, Haidian District, Beijing; 4. The price of each set of bidding documents is 500 yuan, and the bidding documents will not be refunded after sale. Bids without purchasing bidding documents will be regarded as invalid bids and rejected; 5. According to the characteristics of the project and relevant regulations, when purchasing bidding documents, the purchaser must bring a copy of the bidder's business license with the official seal, the original letter of authorization of the legal representative (the specific format is drawn up by yourself), the original ID card and the official seal 6. Copy and original of confidentiality commitment letter (please send email to registration contact Ms. Zhou for specific format), manufacturer's authorization letter for this project and after-sales service commitment letter (original); 6. All suppliers must log in to the bidding procurement website of China Electronics Import and Export Co., Ltd. for registration and registration (login address: bidding.ceiec.com.cn/); purchase process: enter the platform u2014 to register u2014 (approved) - registration management Sign up (upload the scanned copy of the materials required to purchase the bidding documents) (approved) - submit application materials on site - buy bidding documents u2014 fill in the order information u2014 (approved) After successful registration, operate according to the operation guide and bring all relevant documents Materials to the designated place to purchase bidding documents Registration Contact: Ms. Zhou 010-52579656, Email address: zhoujing@ceiec.com. cn 4. The deadline for bidding and the time for opening bids are at 13:30 pm on September 6, 2018 (Beijing time). If there is any change, we will notify you later. Bidding documents must be delivered to the bid opening place before the bidding deadline on the day of bid opening. Bid documents received after the deadline or that do not meet the requirements will not be accepted. At that time, bidders are requested to send authorized representatives to participate in the bid opening ceremony and sign in (the signature representative of the bidder participating in the bid opening ceremony should be authorized by the bidder and carry a letter of authorization of the legal representative for on-site inspection). V. Place of Bid Opening Conference Room 19, Floor 19, New China Electronics Building (CEIEC), Building A, Guohai Plaza, No. 17 Fuxing Road, Haidian District, Beijing 6. Contact Information Bidder: The Third Management Office of the 32081 Unit of the Chinese People's Liberation Army Address: Beijing No. 58 Haibei Road, Daxing District Postcode: 102600 Contact: Wang Lihua Contact phone: 010-66325220; Bidding agency: China Electronics Import and Export Co., Ltd. Address: New Zhongdian Building, Block A, Guohai Plaza, No. 17 Fuxing Road, Haidian District, Beijing Zip Code: 100036 Fax: 010-52579000-9327 Bank of Account: Bank of China Beijing Changan Sub-branch Account Number: 346766002475 Contact Person: Xu Jia, Fu Tingting, Zhang Kai Contact Phone: 010-52579327, 18910476646 Email: xuyazi@ceiec.com .cn







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