Huawei responds to the first domestic public offering of bonds: ample cash

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 Huawei responds to the first domestic public offering of bonds: ample cash


Today, the company officially submitted the bond issuance documents and issued public bonds for the first time in China. The following is the official response:

Huawei has always insisted on optimizing its capital structure through rational financing layout to ensure its financial stability. With the rapid development of domestic bond market and the second largest market capacity in the world, bond financing has become one of the most important financing channels in China. The company will further enrich the financing channels and optimize the overall financing layout by opening up the domestic bond market through domestic bond issuance. Huaweis operating capital mainly comes from its own business accumulation and external financing, mainly from its own business accumulation (accounting for about 90% in the past five years), supplemented by external financing (accounting for about 10% in the past five years). The company operates steadily and has ample cash flow. The funds will be used to focus on ICT infrastructure construction and provide customers with better product solutions and services. Source: Liable Editor of Netease Science and Technology Report: Qiao Junyi_NBJ11279

With the rapid development of domestic bond market and the second largest market capacity in the world, bond financing has become one of the most important financing channels in China. The company will further enrich the financing channels and optimize the overall financing layout by opening up the domestic bond market through domestic bond issuance.

The funds will be used to focus on ICT infrastructure construction and provide customers with better product solutions and services.