According to the news, Huawei employees enter the new glory, not 1.7 times of income compensation, but cash compensation stock

 According to the news, Huawei employees enter the new glory, not 1.7 times of income compensation, but cash compensation stock

It is reported that this is not the case. Netizens who are certified as Huawei employees have posted in a thread that there is no 1.7 times compensation for income, only N + 1 compensation and Huawei stock.

According to the report, according to insiders, some employees in Huaweis Xinsheng community have sorted out several different schemes, such as providing N + 1 cash compensation, converting tup held by employees into esop1, and providing glory employees with Huaweis stock purchase qualification.

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News from UK and us: Huawei and SMIC are under pressure again

Just today, news comes from the UK and the US respectively that Chinese enterprises are once again under unwarranted pressure, this time involving Huawei, SMIC and CNOOC.

According to Reuters, the British government announced on November 30 local time that since September 2021, its communications companies have banned the installation of new Huawei 5g equipment, while the US Department of defense has listed SMIC and CNOOC on the blacklist of enterprises associated with military activities, Reuters reported.

This is part of the UKs plan to clean Huawei equipment out of the countrys 5g network. Reuters on the above crackdown on the behavior such as evaluation.

Britain is an ally of the five eyes alliance of the United States. Previously, the United States discredited Huawei and Chinas 5g development with cold war thinking, provoked Sino British Relations and undermined Sino British cooperation. In July this year, the UK decided to stop using Huawei equipment in 5g construction. The British government said at the time that the UK would stop buying new Huawei equipment from December 31, 2020, and the Huawei equipment currently used in the UK 5g network must be removed by 2027.

In October, Sweden also banned Huawei and ZTE from participating in the countrys 5g network construction for security reasons. Specifically, Swedish telecom companies participating in the auction were prohibited from using Huawei or ZTEs 5g equipment. Those in use must be replaced before the beginning of 2025.

Oliver Dowden, the UKs digital minister, called Huawei a high-risk seller in a statement, claiming it posed a threat to so-called national security, Reuters reported. The UK government also announced a diversified 5g supply chain strategy, including cooperation with NEC and the formation of new research equipment, with an initial investment of 250 million pounds.

Chinas Foreign Ministry spokesman Hua Chunying has already stated that the British side, without any concrete evidence, cooperates with the United States in discriminating against and excluding Chinese enterprises under the pretext of unnecessary risks. This flagrantly violates the principles of market economy and free trade rules, violates the relevant commitments made by the British side, seriously impairs the legitimate interests of Chinese enterprises and seriously impacts the mutual trust in Sino British cooperation China strongly opposes this.

Four Chinese enterprises in the blacklist?

CNOOC announced on November 30 in the Hong Kong stock exchange that the relevant US government agencies may add the companys controlling shareholder, CNOOC, into the blacklist of enterprises suspected of having ties with the Chinese military. The company has inquired with CNOOC and understands that CNOOC has not received any formal notice or decision from the relevant US government agencies.

The Financial Times reported in June that listing alone would not trigger sanctions, but the US president could decide whether to impose sanctions, including blocking the property of these enterprises.

Geng Shuang, Chinas Deputy Permanent Representative to the United Nations, has previously said that Chinas military civilian integration development policy aims to effectively integrate military and local resources, coordinate and promote economic and social development and national defense construction, and benefit more scientific and technological achievements to the people. This policy is open and aboveboard, and there is no problem of so-called stealing or transferring foreign technology.