Misplaced Pages

Seres Group

Article snapshot taken from Wikipedia with creative commons attribution-sharealike license. Give it a read and then ask your questions in the chat. We can research this topic together.
#122877

116-570: Seres Group ( 赛力斯集团股份有限公司 ) (previously known as Sokon Group or Chongqing Sokon Industry Group Co., Ltd , 重庆小康工业集团股份有限公司 ) is a Chinese automotive manufacturer founded in September 1986 with headquarters in Chongqing , China. Born as a manufacturer of components for household appliances and shock absorbers , it currently produces cars , motorcycles and commercial vehicles as well as shock absorbers and internal combustion engines . In 2022,

232-410: A $ 10 billion credit line with China Development Bank to provide low-cost financing to customers buying its telecommunications equipment to support its sales outside of China. This line of credit was tripled to $ 30 billion in 2009. In 2005, Huawei's foreign contract orders exceeded its domestic sales for the first time. Huawei signed a global framework agreement with Vodafone . This agreement marked

348-566: A 400 billion RMB high technology manufacturing hub which will surpass its car industry and account for 25% of its exports. The city has also invested heavily in infrastructure to attract investment. The network of roads and railways connecting Chongqing to the rest of China has been expanded and upgraded reducing logistical costs. Furthermore, the nearby Three Gorges Dam which is the world's largest, supplies Chongqing with power and allows oceangoing ships to reach Chongqing's Yangtze River port. These infrastructure improvements have led to

464-615: A Research Fellow at the Swedish Institute of International Affairs, asked Huawei for a response to the Balding and Clarke paper; the "information provided by Huawei gives an indication of how difficult it is to run an independent company in such a crucial sector in China". After the publication of Balding and Clarke's paper, Huawei has "engaged in a PR blitz to manufacture an image of a transparent company". Academic Toshio Goto of

580-548: A center for finance in the Sichuan Basin and the upstream Yangtze , as well as for manufacturing and transportation. It is a connection in the Yangtze River Economic Belt and a base for the country's Belt and Road Initiative . Chongqing Jiangbei International Airport is the second-busiest airport in China, and is one of the top 50 busiest airports in the world. The city's monorail system

696-515: A combination of more than 290 million population. Chongqing is one of the top 40 cities in the world by scientific research outputs as tracked by the Nature Index . Since its elevation to national-level municipality in 1997, the city has dramatically expanded its infrastructure. With the construction of railways and expressways to the east and southeast, Chongqing is a major transportation hub in southwestern China. As of October 2014 ,

812-562: A consultant and lobbyist, with a goal of nurturing the company's relationship with the Biden administration . Huawei has also hired public relations firms Ruder Finn , Wavemaker , Racepoint Global, and Burson Cohn & Wolfe for various campaigns. In January 2024, Bloomberg News reported that Huawei ended its in-house lobbying operations in Washington, D.C. According to its CEO and founder Ren Zhengfei, Huawei's corporate culture

928-428: A domestic Chinese telecommunications company that could compete with, and ultimately replace, foreign competitors. During its first several years the company's business model consisted mainly of reselling private branch exchange (PBX) switches imported from Hong Kong. Meanwhile, it was reverse-engineering imported switches and investing heavily in research and development to manufacture its own technologies. By 1990

1044-550: A genuine collective is doubtful." Huawei's position has shifted in 2019 when, Dr. Song Liuping, Huawei's chief legal officer, commented on the US government ban, said: "Politicians in the US are using the strength of an entire nation to come after a private company ." (emphasis added). Ren Zhengfei is the founder and CEO of Huawei and has the power to veto any decisions made by the board of directors. Huawei also has rotating co-CEOs. Huawei disclosed its list of board of directors for

1160-648: A hack on Australia 's telecom networks was conducted by or through Huawei, although the two network operators have disputed that information. In January 2018, the United States alleged that its sanctions against Iran were violated by Huawei, which was subsequently restricted from doing business with American companies. The US government also requested the extradition of Huawei's chief financial officer from Canada. In June 2019, Huawei cut jobs at its Santa Clara research center, and in December Ren said it

1276-525: A lengthy prior political career in Chongqing. The municipal Political Consultative Conference ( zhengxie ) meets at around the same time as the People's Congress. Its role is to advise on political issues. The zhengxie is headed by a leader who is typically a former municipal or regional official with a lengthy career in the party and government bureaucracy. Chongqing was the wartime capital of China during

SECTION 10

#1732782602123

1392-660: A major recipient of China's investment in industrial capacity during the Third Front campaign. There has been a massive government push to transform Chongqing into the region's economic, trade, and financial center and use the municipality as a platform to open up the country's western interior to further development. Chongqing is facing rapid urbanization . For instance, statistics suggest that new construction added approximately 137,000 m (1,470,000 sq ft) daily of usable floor space to satisfy demands for residential, commercial and factory space. Thus, Chongqing

1508-638: A meeting with General Secretary of the Chinese Communist Party Jiang Zemin , telling him that "switching equipment technology was related to national security, and that a nation that did not have its own switching equipment was like one that lacked its own military." Jiang reportedly agreed with this assessment. In the 1990s, Canadian telecom giant Nortel outsourced production of their entire product line to Huawei. They subsequently outsourced much of their product engineering to Huawei as well. Another major turning point for

1624-534: A mere 5% in January to 43% in August. Extremes since 1951 have ranged from −1.8 °C (29 °F) on 11 January 1955 (unofficial record of −2.5 °C (27 °F) was set on 8 February 1943) to 43.7 °C (111 °F) on 18 and 19 August 2022 (unofficial record of 44.0 °C (111 °F) was set on 8 and 9 August 1933). Chongqing, with over 100 days of fog per year, is known as the "Fog City" ( 雾都 ); this

1740-399: A native of Chongqing. Notable individuals who have held the municipal Party Secretary position include He Guoqiang , Wang Yang , Bo Xilai , Zhang Dejiang , and Sun Zhengcai , the latter three were Politburo members during their term as party chief. The party chief heads the municipal party standing committee , the de facto top governing council of the municipality. The standing committee

1856-402: A profit-sharing incentive scheme" that "has nothing to do with financing or control". They found that, after a few stages of historical morphing, employees do not own a part of Huawei through their shares. Instead, the "virtual stock is a contract right, not a property right; it gives the holder no voting power in either Huawei Tech or Huawei Holding, cannot be transferred, and is cancelled when

1972-409: A wide range of telecom software. In May 2003, Huawei partnered with 3Com on a joint venture known as H3C, which was focused on enterprise networking equipment. It marked 3Com's re-entrance into the high-end core routers and switch market, after having abandoned it in 2000 to focus on other businesses. 3Com bought out Huawei's share of the venture in 2006 for US$ 882 million. In 2004, Huawei signed

2088-476: Is the world's longest and busiest , as well as having the greatest number of stations, with 70. Chongqing is ranked as a Beta (global second-tier) city. It is the headquarters of the Changan Automobile , one of the " Big Four " car manufacturers of China. As of 2023 , the city hosts 12 foreign representations, the fifth-most in China behind Beijing, Shanghai, Guangzhou, and Chengdu. It is one of

2204-846: Is Secretary of the Municipal Committee of the Chinese Communist Party , which since 2007, has also held a seat on the Politburo of the Chinese Communist Party , the country's second highest governing council. Under the USSR-inspired nomenklatura system of appointments, individuals are appointed to the position by the central leadership of the CCP and bestowed to an official based on seniority and adherence to party orthodoxy, usually given to an individual with prior regional experience elsewhere in China and nearly never

2320-465: Is Zhou Daiqi who is also Huawei's Chinese Communist Party Committee Secretary . Their chief legal officer is Song Liuping. At its founding in 1987, Huawei was established as a collectively-owned enterprise. Collectively-owned enterprises were an intermediary corporate ownership status between state-owned enterprises and private businesses. The Chinese government began issuing licenses for private businesses starting in 1992. Huawei states it

2436-471: Is a Chinese multinational conglomerate technology corporation headquartered in Longgang District , Shenzhen , Guangdong province . It designs, develops, manufactures and sells digital telecommunications equipment , consumer electronics , smart devices , distributed operating systems , electric vehicle autonomous driving systems , and various rooftop solar products. The corporation

SECTION 20

#1732782602123

2552-676: Is a private company owned collectively by its employees and is neither owned nor controlled directly by the Chinese government. Academics Steve Tsang and Olivia Cheung write that Huawei is a private company. Likewise, academics Simon Curtis and Ian Klaus write that Huawei is not state-owned, but is a private company which the Chinese government views as a national champion. In 2021, Huawei did not report its ultimate beneficial ownership in Europe as required by European anti- money laundering laws. In July 2021, Huawei hired Tony Podesta as

2668-422: Is an employee-owned company , but this remains a point of dispute. Ren Zhengfei retains approximately 1 percent of the shares of Huawei's holding company, Huawei Investment & Holding, with the remainder of the shares held by a trade union committee (not a trade union per se, and the internal governance procedures of this committee, its members, its leaders or how they are selected all remain undisclosed to

2784-624: Is because in the spring and fall, a thick layer of fog enshrouds it for 68 days per year. During the Second Sino-Japanese War (1937–1945), this special weather possibly played a role in protecting the city from being overrun by the Imperial Japanese Army . Since 1997 Chongqing has been a direct-controlled municipality in the Chinese administrative structure, making it a provincial-level division with commensurate political importance. The municipality's leader

2900-566: Is built on mountains and partially surrounded by the Yangtze and Jialing rivers. With its special topography , Chongqing's topography includes mountains, rivers, forests, springs, waterfalls, gorges, and caves. The Tang dynasty poet Li Bai was inspired by the natural scenery and wrote this epigram . The Zhongliang ( 中梁山 ) and Tongluo ( 铜锣山 ) mountains roughly form the eastern and western boundaries of Chongqing's urban area. Several high mountains are situated outside central Chongqing, including

3016-485: Is common in this area, and stone forests, numerous collections of peaks, limestone caves and valleys can be found in many places. The Longshuixia Gap ( 龙水峡地缝 ), with its Three Natural Bridges , has made the region a popular tourist attraction. The Yangtze River runs through the whole area from west to east, covering a course of 665 km (413 mi), cutting through the Wu Mountains at three places and forming

3132-447: Is generally seen as a symbolic body. It convenes in full once a year to approve party-sponsored resolutions and local regulations and duly confirm party-approved appointments. On occasion the People's Congress can be venues of discussion on municipal issues, although this is dependent on the actions of individual delegates. The municipal People's Congress is headed by a former municipal official, usually in their late fifties or sixties, with

3248-493: Is given jurisdiction over specific municipal departments. The mayor is the second-highest-ranking official in the municipality. The mayor usually represents the city when foreign guests visit. The municipality also has a Municipal People's Congress , theoretically elected by lower level People's Congresses. The People's Congress nominally appoints the mayor and approves the nominations of other government officials. The People's Congress, like those of other provincial jurisdictions,

3364-553: Is located in central-western China, would complement the other National Central Cities, all of which are located along China's eastern coastline. The same year on June 18, the Liangjiang New Area was established in Chongqing, which was the third state-level new area at the time of its establishment. Chongqing is located in the subtropics , situated in the transitional area between the Tibetan Plateau and

3480-506: Is now installed on over 900 million devices and has become the second most popular mobile OS in China. Huawei classifies itself as a " collective " entity and prior to 2019 did not refer to itself as a private company. Richard McGregor , author of The Party: The Secret World of China's Communist Rulers , said that this is "a definitional distinction that has been essential to the company's receipt of state support at crucial points in its development". McGregor argued that "Huawei's status as

3596-621: Is part of the West Triangle Economic Zone , along with Chengdu and Xi'an . As of 2022 , Chongqing hosts 70 institutions of higher education (excluding adult colleges), making it the fourth city with the most higher education institutions nationwide and the first city in Western China , which comprises Chongqing, six provinces ( Sichuan , Guizhou , Yunnan , Shaanxi , Gansu , and Qinghai ), and three autonomous regions ( Tibet , Ningxia , and Xinjiang ), with

Seres Group - Misplaced Pages Continue

3712-607: Is small due to its relatively disadvantageous inland location. Instead, factories producing local-oriented consumer goods such as processed food, cars, chemicals, textiles, machinery, sports equipment and electronics are common. Chongqing is China's third largest motor vehicle production center and the largest for motorcycles. In 2007, it had an annual output capacity of 1 million cars and 8.6 million motorcycles. Leading makers of cars and motorbikes includes China's fourth biggest automaker; Changan Automotive Corp and Lifan Hongda Enterprise , as well as Ford Motor Company , with

3828-470: Is the brand of Seres that produces passenger vehicles. Established in 2008, Fengon brand targets at affordable compact MPVs and SUVs. It was a joint venture brand with Dongfeng Group until it was fully acquired by Seres Group in 2022. DFSK (short for Dongfeng Sokon ) is a brand of Seres that produces light commercial vehicles. It was a joint venture brand with Dongfeng Group until it was fully acquired by Seres Group in 2022. Chongqing Ruichi Automobiles

3944-415: Is the only Chinese municipality with a resident population of over 30 million; however, this number includes its large rural population. In 2020, Chongqing surpassed Shanghai as China's largest municipality by urban population; as of 2022 , it has an urban population of 22.8 million. The municipality contains 26 districts, 8 counties , and 4 autonomous counties . The city served as the wartime capital for

4060-400: Is the same as the culture of the CCP, "and to serve the people wholeheartedly means to be customer-centric and responsible to society." Ren frequently states that Huawei's management philosophy and strategy are commercial applications of Maoism . Ren states that in the event of a conflict between Huawei's business interests and the CCP's interests, he would "choose the CCP whose interest

4176-410: Is typically composed of 13 individuals which includes the party chiefs of important subdivisions and other leading figures in the local party and government organization, as well as one military representative. The municipal People's Government serves as the day-to-day administrative authority, and is headed by the mayor , who is assisted by numerous vice mayors and mayoral assistants. Each vice mayor

4292-681: The Economist Intelligence Unit in the November 2010 Access China White Paper as a member of the CHAMPS (Chongqing, Hefei , Anshan , Maanshan , Pingdingshan and Shenyang ), an economic profile of the top 20 emerging cities in China. Traditionally, due to its geographic inaccessibility, Chongqing and Sichuan have both been important military bases in weapons research and development. Even though Chongqing's industries are diversified, unlike eastern China, its export sector

4408-549: The Imperial Japanese Navy and Army Air Forces ; battles of which were fought entirely by the Chinese Air Force squadrons and anti-aircraft artillery units. Many lives were saved by the air-raid shelters which took advantage of the mountainous terrain. Chongqing was acclaimed to be the "City of Heroes" due to the indomitable spirits of its people as well as their contributions and sacrifices during

4524-597: The Japan University of Economics has disagreed with Balding and Clarke's assessment of Huawei employee shareholders’ ownership. Goto writes that the Huawei's ownership structure is a function of its formation amid the Chinese reforms, with the only mechanism for concentrating employee ownership under Shenzen's 1997 Provisions on State-owned Company Employee Stock Option Plans being to do so via Huawei's trade union. In contrast to Balding and Clarke, Goto writes that

4640-566: The Middle East . It has become the most important Chinese telecommunications company operating in these regions. In 1997, Huawei won a contract to provide fixed-line network products to Hong Kong company Hutchison Whampoa . Later that year, Huawei launched wireless GSM -based products and eventually expanded to offer CDMA and UMTS . In 1999, the company opened a research and development (R&D) centre in Bengaluru , India to develop

4756-594: The Qin dynasty , the successor of the Qin State, as well as the rule of Han dynasty emperors. Jiangzhou was subsequently renamed during the Northern and Southern dynasties to Chu Prefecture ( 楚州 ), then again in 581 AD ( Sui dynasty ) to Yu Prefecture ( 渝州 ), and later in 1102 during Northern Song to Gong Prefecture ( 恭州 ). The name Yu however survives to this day as an abbreviation for Chongqing, as well as for

Seres Group - Misplaced Pages Continue

4872-641: The Second Sino-Japanese War (i.e., World War II), and from 1937 to 1945, the seat of administration for the Republic of China's government before its departure to Nanjing and then Taiwan . After the eventual defeat at the Battle of Wuhan General Chiang-Kai Shek and the army were forced to use it as base of resistance from 1938 onwards. It also contains a military museum named after the Chinese Korean War hero Qiu Shaoyun . Chongqing used to be

4988-487: The Three Gorges Dam project. Its first official ceremony took place on 18 June 1997. On 8 February 2010, Chongqing became one of the four National Central Cities , along with Beijing, Shanghai and Tianjin. According to Zhou Liqun, a consultant for National Development and Reform Commission of China, Chongqing's status as a National Central City would encourage the development of Western China . Chongqing, which

5104-700: The United States . The company has faced difficulties in some countries arising from concerns that its equipment may enable surveillance by the Chinese government due to perceived connections with the country's military and intelligence agencies. Huawei has argued that critics such as the US government have not shown evidence of espionage . Experts say that China's 2014 Counter-Espionage Law and 2017 National Intelligence Law can compel Huawei and other companies to cooperate with state intelligence. In 2012, Australian and US intelligence agencies concluded that

5220-609: The War of Resistance-World War II . Many factories and universities were relocated from eastern China and ultimately to Chongqing during years of setbacks in the war, transforming this city from inland port to a heavily industrialized city. After World War II ended, Chongqing became one of the last refuges of the Nationalist Kuomintang government on the Chinese mainland during the Chinese Civil War . Following

5336-818: The Yangtze River Crossing campaign , the KMT capital of Nanjing was occupied by the Communists in 23 April. The KMT decamped first to Guangzhou , then Chongqing. Chongqing served as the KMT capital until late November 1949, when the Nationalist KMT government withdrew from the city by air. On 14 March 1997, the Eighth National People's Congress decided to merge the sub-provincial city with adjacent Fuling , Wanxian , and Qianjiang prefectures that it had governed on behalf of

5452-456: The most populous city proper in the world . As of 2010 , the metropolitan area encompassing the central urban area was estimated by the OECD to have, a population of 17 million. The Census also lists the male percentage as 50.55% and the female percentage as 49.55%. In terms of age distribution, of the total population, 15.91% were age 0–14, 62.22% were 15–64, and 21.87% were 65 and over. Of

5568-544: The 1,709.4 m (5,608 ft)-high Wugong Ling Mountain in Jiangjin. Chongqing has a monsoonal humid subtropical climate ( Köppen Cwa ), bordering on a humid subtropical climate ( Köppen Cfa ) and for most of the year experiences very high relative humidity, with all months above 75%. Known as one of the " Three Furnaces " of the Yangtze River, along with Wuhan and Nanjing , its summers are long and among

5684-407: The 1980s, the Chinese government endeavored to overhaul the nation's underdeveloped telecommunications infrastructure. A core component of the telecommunications network was telephone exchange switches, and in the late 1980s, several Chinese research groups endeavored to acquire and develop the technology, usually through joint ventures with foreign companies. Ren Zhengfei, a former deputy director of

5800-444: The 2021 third quarter. Linghao Bao, an analyst at policy research firm Trivium China said the "communications giant went from being the second-largest smartphone maker in the world, after Samsung, to essentially dead." By the end of third quarter in 2022, Huawei revenue had dropped a further 19.7% since the beginning of the year. Yet, for the seventh consecutive year, Huawei remained the top patent applicant for patents filled under

5916-574: The Chinese University of Politics and Law also rejects the argument that Huawei is a state-owned enterprise controlled by a labor union, writing that normative practices and legal requirements distinguish between the shareholding vehicle of union-held employee assets and assets belonging to the union itself. Academics Kunyuan Qiao of Cornell University and Christopher Marquis of the University of Cambridge likewise conclude that Huawei

SECTION 50

#1732782602123

6032-408: The Chinese government had a vested interest in fostering a company to compete against Apple and Samsung. Ren sought to reverse engineer foreign technologies with local researchers. China borrowed liberally from Qualcomm and other industry leaders (PBX as an example) in order to enter the market. At a time when all of China's telecommunications technology was imported from abroad, Ren hoped to build

6148-575: The Chongqing Municipal Government's ambitious plan in May 2007, Chongqing is investing 150 billion RMB over 13 years to finish a system that combines underground metro lines with heavy monorail . Huawei Huawei Technologies Co., Ltd. ("Huawei" sometimes stylized as " HUAWEI ") ( / ˈ hw ɑː w eɪ / HWAH -way , / ˈ w ɑː w eɪ / WAH -way ; Chinese : 华为 ; pinyin : Huáwéi )

6264-691: The Dongfeng group called DFSK Glory 580 , went into production. In addition, the start-up SF Motors was founded in Santa Clara , California, with the intention of producing electric vehicles. SF Motors purchased AM General 's manufacturing facility and opened three development and design centers for electric vehicles (one in California, one in Michigan and one in Chongqing). In November 2018,

6380-722: The General and remaining army had lived there for a time following their retreat in 1938 from the previous capital of Wuhan , it was formally declared the second capital city ( 陪都 ; péidū ; p'ei -tu ) on 6 September 1940. After Britain, the United States, and other Allies entered the war in Asia in December 1941, one of the Allies' deputy commanders of operations in Southeast Asia (Southeast Asia Command SEAC), Joseph Stilwell ,

6496-427: The Huawei's virtual shares are substantially equivalent to voting stock, and that nominal ownership through the trade union does not change the legal and financial independence of employee ownership from the union itself. Goto concludes that the firm is effectively owned by employees and therefore it is not effectively state-owned. In analyzing Huawei's corporate governance and ownership structure, Academic Wang Jun of

6612-545: The Middle East and Africa. Recently, there has been a drive to move up the value chain by shifting towards high technology and knowledge intensive industries resulting in new development zones such as the Chongqing New North Zone (CNNZ). Chongqing's local government is hoping through the promotion of favorable economic policies for the electronics and information technology sectors, that it can create

6728-528: The PCT, with 6494 published applications in 2023. By mid-2024, the company had recovered after a brief decline in turnover and profit and continued its expansion. Most foreign parts in the supply chain were successfully replaced by domestic products in a relatively short period of time. In the first quarter of 2024, the company's profits increased nearly six-fold compared to the previous year to just under US$ 2.7 billion. On 21 June 2024, Huawei announced that HarmonyOS

6844-588: The People's Liberation Army engineering corps, founded Huawei in 1987 in Shenzhen. The company reports that it had RMB 21,000 (about $ 5,000 at the time) in registered capital from Ren Zhengfei and five other investors at the time of its founding where each contributed RMB 3,500. These five initial investors gradually withdrew their investments in Huawei. The Wall Street Journal has suggested, however, that Huawei received approximately "$ 46 billion in loans and other support, coupled with $ 25 billion in tax cuts" since

6960-472: The Republic of China (ROC) during the Second Sino-Japanese War (1937–1945). On 14 March 1997, the current municipality was separated from the surrounding province of Sichuan , with the goal of furthering development in the central and western parts of the country. University of Washington professor Kam Wing Chan argued that Chongqing's status is more akin to that of a province rather than a city. As one of China's National Central Cities , Chongqing serves as

7076-461: The Sokon Group was Chongqing Baxian Fenghuang Electronic Factory (重庆巴县凤凰电器弹簧厂), a company founded in September 1986 by Zhang Xinghai and other shareholders, mainly engaged in the manufacture and sale of Japanese-licensed components for household appliances and springs for automotive seats. The products were destined for both the Chinese and Japanese markets and quickly achieved a market share in

SECTION 60

#1732782602123

7192-413: The US car giant having 3 plants in Chongqing. The municipality is also one of China's nine largest iron and steel producers in China as well as one of its three major aluminum producers. Important manufacturers include Chongqing Iron and Steel Company (重庆钢铁股份有限公司) and Southwest Aluminum (西南鋁業), which is Asia's largest aluminum plant. Agriculture remains significant. Rice and fruits, especially oranges, are

7308-473: The area's main produce. Natural resources are also abundant with large deposits of coal, natural gas, and more than 40 kinds of minerals such as strontium and manganese . Coal reserves total approximately 4,800,000,000 metric tons (4.7 × 10 long tons; 5.3 × 10 short tons). Chuandong Natural Gas Field is China's largest inland gas field with deposits of around 270 billion m – more than 1/5 of China's total. Has China's largest reserve of strontium (China has

7424-417: The arrivals of numerous foreign direct investors (FDI) in industries ranging from car to finance and retailing; such as Ford , Mazda , HSBC , Standard Chartered Bank , Citibank , Deutsche Bank , ANZ Bank , Scotiabank , Wal-Mart , Metro AG and Carrefour , among other multinational corporations. The city includes a number of economic and technological development zones: Chongqing itself

7540-459: The city open on the same terms as other ports, although it was not until 1907 that a steamship made the journey without the help of manual haulers. From 1896 to 1904, the American, German, French, and Japanese consulates were opened in Chongqing. During and after the Second Sino-Japanese War , from November 1937 to May 1946, it was Generalissimo Chiang Kai-shek 's provisional capital. After

7656-446: The city's hinterland than the boundaries of the other three provincial level municipalities (Beijing, Shanghai and Tianjin ), and much of its administrative area, which spans over 80,000 km (30,900 sq mi), is rural. At the end of year 2018, the total population is 31.02 million. As of 2022, Chongqing is the largest Chinese city by urban population, with a population of 22.80 million. Indicates with which district

7772-483: The city's historic center, where the old town once stood; its name is Yuzhong ( 渝中 , Central Yu). It received its current name in 1189, after Prince Zhao Dun of the Southern Song dynasty described his crowning as king and then Emperor Guangzong as a "double celebration" ( simplified Chinese : 双重喜庆 ; traditional Chinese : 雙重喜慶 ; pinyin : shuāngchóng xǐqìng , or chóngqìng in short). To mark

7888-483: The company came in 1996 when the government in Beijing adopted an explicit policy of supporting domestic telecommunications manufacturers and restricting access to foreign competitors. Huawei was promoted by both the government and the military as a national champion, and established new research and development offices. Beginning in the late 1990s, Huawei built communications networks throughout sub-Saharan Africa and

8004-434: The company founder Ren Zhengfei , the name Huawei comes from a slogan he saw on a wall, Zhonghua youwei meaning "China has achievements" ( 中华有为 ; Zhōng huá yǒu wéi ), when he was starting up the company and needed a name. Zhonghua or Hua means China, while youwei means "promising/to show achievements". Huawei has also been translated as "splendid achievement" or "China's legacy", which are possible readings of

8120-578: The company had approximately 600 R&D staff and began its own independent commercialization of PBX switches targeting hotels and small enterprises. In order to grow despite difficult competition from Alcatel , Lucent, and Nortel Networks , in 1992 Huawei focused on low-income and difficult to access market niches. Huawei's sales force traveled from village to village in underdeveloped regions, gradually moving into more developed areas. The company's first major breakthrough came in 1993 when it launched its C&C08 program controlled telephone switch. It

8236-533: The company renamed to Seres Group from Sokon Group . It operates through its subsidiaries Seres , Seres Hubei , XGJAO Motorcycle and Yu'an Shock Absorber Company. While Chinese automotive manufacturers are either state-owned or privately owned, Seres shareholders include private investors as well as a local government entity and a state-owned company. The name Seres is derived from the Ancient Greek word "Σῆρες" which means "China". The forerunner of

8352-471: The company signed an agreement with battery maker CATL , which will remain effective until 2026. In July 2022, the company name was changed to Seres Group. In August 2024, Seres Group announced that it would invest in Huawei's subsidiary " Yinwang " (Shenzhen Yinwang Intelligent Technology Co., Ltd.), accounting for 10% of its shares, with a price of RMB 11.5 billion. Seres is a brand of electric vehicle marketed by Seres Group. Since 2023, Seres brand

8468-585: The company, which compensates them for their holding. Although employee shareholders receive dividends, their shares do not entitle them to any direct influence in management decisions, but enables them to vote for members of the 115-person Representatives' Commission from a pre-selected list of candidates. The Representatives' Commission selects Huawei Holding's board of directors and Board of Supervisors. Academics Christopher Balding of Fulbright University and Donald C. Clarke of George Washington University have described Huawei's virtual stock program as "purely

8584-407: The country's GDP and ranked 16th among province-level administrative units ; the municipality's primary, secondary and tertiary industries were worth CN¥201.21 billion (US$ 29.92 billion), CN¥1.169 trillion (US$ 173.86 billion) and CN¥1.542 trillion (US$ 229.3 billion) respectively. Its nominal GDP per capita was US$ 13,479 (CN¥90,663) and ranked 10th in the country. Chongqing has been identified by

8700-522: The design of electric vehicles called Chongqing Ruichi Automobile Company was created. In 2005 the first vehicle of the joint venture went into production at the Dongfeng plant in Wuhan: the microvan Dongfeng Yu'an K-Series which was also exported abroad (including Europe). In May 2007 the entire industrial group changed its name to Chongqing Sokon Automobile Co., Ltd : the Yu'an brand was kept only to identify

8816-429: The division was associated below prior to the merging of Chongqing, Fuling, Wanxian (now Wanzhou) and Qianjiang in 1997. The main urban area of Chongqing city ( 重庆主城区 ) spans approximately 5,473 km (2,113 sq mi), and includes the following nine districts: According to the 2020 national census , Chongqing has a population of 32,054,159, accounting for around 2.27% of the national total. This makes it

8932-674: The east, Sichuan and Shaanxi to the north, and Guizhou to the south. Chongqing covers a large area crisscrossed by rivers and mountains. The Daba Mountains stand in the north, the Wu Gorge in the east, the Wuling Mountains in the southeast, and the Dalou Mountains in the south. The area slopes downward from north to south towards the Yangtze valley, and features a large massif of mountains and hills, with steep sloping areas at different heights. Karst landscape

9048-409: The employee leaves the firm, subject to a redemption payment from Huawei Holding TUC at a low fixed price". Balding and Clarke add, "given the public nature of trade unions in China, if the ownership stake of the trade union committee is genuine, and if the trade union and its committee function as trade unions generally function in China, then Huawei may be deemed effectively state-owned." Tim Rühlig,

9164-403: The enormous success in components, Chongqing Yu'an decided to enter directly into the automotive and motorcycle production sector by entering into numerous agreements with both Japanese and Chinese manufacturers to create the new range of vehicles. In July 2002, XGJAO Motorbyke was founded, a manufacturer of low cost sports motorcycles intended mainly for a young audience and the first models on

9280-472: The extent of state influence on Huawei have revolved around its national champions role in China, subsidies and financing support from state entities, and reactions of the Chinese government in light of opposition in certain countries to Huawei's participation in 5G . Its software and equipment have been linked to the mass surveillance of Uyghurs and Xinjiang internment camps , drawing sanctions from

9396-569: The fall of the Ming dynasty to a rebel army, Chongqing, together with the rest of Sichuan , was captured by Zhang Xianzhong , who was said to have massacred a large number of people in Sichuan and depopulated the province, in part by causing many people to flee to safety elsewhere. The Manchus later conquered the province, and during the Qing dynasty , immigration to Chongqing and Sichuan took place with

9512-471: The first time a telecommunications equipment supplier from China had received Approved Supplier status from Vodafone Global Supply Chain. In 2007, Huawei began a joint venture with US security software vendor Symantec Corporation , known as Huawei Symantec , which aimed to provide end-to-end solutions for network data storage and security. Huawei bought out Symantec's share in the venture in 2012, with The New York Times noting that Symantec had fears that

9628-549: The first time in 2010. Liang Hua is the current chair of the board. As of 2019 , the members of the board are Liang Hua, Guo Ping, Xu Zhijun, Hu Houkun, Meng Wanzhou ( CFO and deputy chairwoman), Ding Yun, Yu Chengdong, Wang Tao, Xu Wenwei, Shen-Han Chiu, Chen Lifang, Peng Zhongyang, He Tingbo, Li Yingtao, Ren Zhengfei, Yao Fuhai, Tao Jingwen, and Yan Lida. Guo Ping is the Chairman of Huawei Device, Huawei's mobile phone division. Huawei's Chief Ethics & Compliance Officer

9744-492: The group restructured, with Sokon acquiring Dongfeng's share in the joint venture for 621 million euros , becoming sole owner of DFSK. In exchange, Dongfeng acquired 26.1% of Sokon for 620 million euros, becoming its majority shareholder. In January 2019 an agreement was signed with Huawei for the development of information technologies and software for electric vehicles. To improve its electric vehicle production, in April 2022

9860-874: The headquarters of the 13th Group Army of the People's Liberation Army , one of the two group armies that formerly comprised the Chengdu Military Region , which was reorganized into the Western Theater Command in 2016. Chongqing is the largest of the four direct-controlled municipalities of the People's Republic of China. The municipality is divided into 38 subdivisions (3 were abolished in 1997, and Wansheng and Shuangqiao districts were abolished in October 2011 ), consisting of 26 districts, 8 counties, and 4 autonomous counties. The boundaries of Chongqing municipality reach much farther into

9976-462: The hottest and most humid in China, with highs of 34 °C (93 °F) in July and August in the urban area. Winters are short and somewhat mild, but damp and overcast. The city's location in the Sichuan Basin causes it to have one of the lowest annual sunshine totals nationally, at only 983 hours, lower than much of Northern Europe; the monthly percent possible sunshine in the city proper ranges from

10092-476: The largest telecommunications equipment manufacturer in the world. Huawei surpassed Apple and Samsung , in 2018 and 2020, respectively, to become the largest smartphone manufacturer worldwide. As of 2024, Huawei's biggest area of business is in telecommunications equipment. Its largest customer is the Chinese government. Amidst its rise, Huawei has been accused of intellectual property infringement , for which it has settled with Cisco . Questions regarding

10208-634: The market were launched (the F4 followed in the following years by the F5, F6 and F7). For the automotive production, an agreement was signed with Suzuki for the licensed supply of chassis and engines for microvans and small commercial vehicles and on 27 June 2003, the new Dongfeng Yu'an Automobile 50:50 joint venture with headquarters in Chongqing and assembly plant in Wuhan was founded together with Dongfeng Motor Corporation . Subsequently, an engineering center for

10324-418: The municipality had 31 bridges across the Yangtze River including over a dozen in the city's urban core. Aside from the city's first two Yangtze River bridges, which were built, respectively, in 1960 and 1977, all of the other bridges were completed since 1995. Public transport in Chongqing consists of metro , intercity railway, a ubiquitous bus system and the world's largest monorail network. According to

10440-475: The name in English out of concern that non-Chinese people may find it hard to pronounce, but decided to keep the name, and launched a brand recognition campaign instead to encourage a pronunciation closer to "Wah-Way" using the words "Wow Way". Ren states, "We will not change the name of our brand and will teach foreigners how to pronounce it. We have to make sure they do not pronounce it like 'Hawaii.'" In

10556-637: The name. In Chinese pinyin , the name is Huáwéi , and pronounced [xwǎwěɪ] in Mandarin Chinese ; in Cantonese , the name is transliterated with Jyutping as Waa -wai and pronounced [wa˩wɐj˩] . However, the pronunciation of Huawei by non-Chinese varies in other countries, for example "Hoe-ah-wei" in Belgium and the Netherlands. The company had considered changing

10672-576: The occasion of his enthronement, Yu Prefecture was therefore converted to Chongqing Fu . In 1362 (during the Yuan dynasty ), Ming Yuzhen , a peasant rebel leader, established the Daxia Kingdom ( 大夏 ) at Chongqing for a short time. In 1621 (during the Ming dynasty ), another short-lived kingdom of Daliang ( 大梁 ) was established by She Chongming ( 奢崇明 ) with Chongqing as its capital. In 1644, after

10788-425: The only directly administrated municipality located deep inland. The municipality covers a large geographical area roughly the size of Austria , which includes several disjunct urban areas in addition to Chongqing proper. Due to its classification, the municipality of Chongqing is the largest city proper in the world by population, though Chongqing is not the most populous urban area. The municipality of Chongqing

10904-541: The partnership "would prevent it from obtaining United States government classified information about cyber threats". In May 2008, Australian carrier Optus announced that it would establish a technology research facility with Huawei in Sydney . In October 2008, Huawei reached an agreement to contribute to a new GSM-based HSPA+ network being deployed jointly by Canadian carriers Bell Mobility and Telus Mobility , joined by Nokia Siemens Networks . Huawei delivered one of

11020-680: The plain on the middle and lower reaches of the Yangtze . Its climate features frequent monsoon conditions, often raining at night in late spring and early summer. The city's "night rain in the Ba Mountains", features in poems throughout Chinese history, including "Written on a Rainy Night—A Letter to the North" by Li Shangyin . Its territory is 470 km (290 mi) from east to west at its longest, and 450 km (280 mi) from north to south at its widest. It borders Hubei and Hunan to

11136-401: The population practices Chinese ancestral religion , while 1.05% of the population identifies as Christian . The reports did not give figures for other types of religion; 72.32% of the population may be either irreligious or involved in worship of nature deities , Buddhism, Confucianism , Taoism, or folk religious sects . In 2010, there were 9,056 Muslims in Chongqing. Chongqing was

11252-505: The population's highest education level achieved, 15.41% were college, 15.96% were high school, 30.58% were middle school, and 29.89% were elementary school. As of 2021 , 70.4% of Chongqing's population is estimated to be urban, and 29.6%. Religion in Chongqing The predominant religions in Chongqing are Chinese folk religions , Taoist traditions and Chinese Buddhism . According to surveys conducted in 2007 and 2009, 26.63% of

11368-672: The production of shock absorbers and components, the Dongfeng Yu'an brand present on the minivans thus became Dongfeng Sokon (abbreviated to DFSK in overseas markets). In May 2012, the millionth vehicle of the Dongfeng Sokon joint venture was produced. On 15 June 2016, the Sokon group was listed on the Shanghai Stock Exchange . In the same year, the first SUV -type vehicles, resulting from the joint venture with

11484-399: The province since September 1996, and grant it independence from Sichuan. The resulting single entity became Chongqing Municipality, containing 30,020,000 people in forty-three former counties without intermediate political levels. The municipality became the spearhead of China's effort to develop its western regions and to coordinate the resettlement of residents from the reservoir areas of

11600-709: The public) that is claimed to be representative of Huawei's employee shareholders. The company's trade union committee is registered with and pays dues to the Shenzhen federation of the All-China Federation of Trade Unions , which is controlled by the Chinese Communist Party . About half of Huawei staff participate in this structure (foreign employees are not eligible), and hold what the company calls "virtual restricted shares". These shares are non-tradable and are allocated to reward performance. When employees leave Huawei, their shares revert to

11716-564: The second quarter of 2020, Huawei had become the world's top smartphone seller, overtaking Samsung for the first time. In 2021, Huawei was ranked the second-largest R&D investor in the world by the EU Joint Research Centre (JRC) in its EU Industrial R&D Investment Scoreboard and ranked fifth in the world in US patents according to a report by Fairview Research's IFI Claims Patent Services. However, heavy international sanctions saw Huawei's revenues drop by 32% in

11832-462: The sector of 90%. In September 1996, the Chongqing Yu'an Shock Absorber Company was founded, marking the establishment of a new plant dedicated to producing shock absorbers for cars and motorcycles. The plant quickly reached its peak production capacity, exceeding 1.5 million units per year. Subsequently, the company underwent a name change to Chongqing Yu'an Innovation Technology (Group). Given

11948-598: The support of the Qing emperor. In 1890, the British Consulate General was opened in Chongqing. The following year, the city became the first inland commerce port open to foreigners, with the proviso that foreign ships should not be at liberty to trade there until Chinese-owned steamers had succeeded in ascending the river. This restriction was abolished by the Treaty of Shimonoseki in 1895, which declared

12064-574: The top 40 cities globally by scientific research output, as tracked by the Nature Index ; the municipality is home to several notable universities , including Chongqing University , Southwest University , and Chongqing University of Posts and Telecommunications . Chongqing's location is historically associated with the State of Ba . Its capital was first called Jiangzhou ( 江州 ). Jiangzhou subsequently remained under Qin Shi Huang 's rule during

12180-765: The well-known Three Gorges : the Qutang, Wuxia and Xiling gorges. Coming from northwest and running through "the Jialing Lesser Three Gorges" of Libi, Wentang and Guanyin, the Jialing River joins the Yangtze in Chongqing. Leaving at dawn the White Emperor crowned with cloud, I've sailed a thousand li through canyons in a day. With the monkeys' adieus the riverbanks are loud, My skiff has left ten thousand mountains far away. The central urban area of Chongqing, called Chongqing proper,

12296-810: The world's 2nd biggest strontium deposit). Manganese is mined in the Xiushan area. Although the mining sector has been denounced as heavily polluting and unsafe. Chongqing is also planned to be the site of a 10 million ton capacity refinery operated by CNPC (parent company of PetroChina ) to process imported crude oil from the Sino-Myanmar pipelines . The pipeline itself, though not yet finished, will eventually run from Sittwe (in Myanmar's western coast) through Kunming in Yunnan before reaching Chongqing and it will provide China with fuels sourced from Myanmar,

12412-561: The world's first LTE /EPC commercial networks for TeliaSonera in Oslo, Norway in 2009. Norway-based telecommunications Telenor instead selected Ericsson due to security concerns with Huawei. In July 2010, Huawei was included in the Global Fortune 500 2010 list published by the US magazine Fortune for the first time, on the strength of annual sales of US$ 21.8 billion and net profit of US$ 2.67 billion. In October 2012, it

12528-851: The world's five largest cloud players in the near future. In 2017, Huawei and the government of Malaysia began cooperating to develop public security programs and Malaysian Smart City programs, as well as a related lab in Kuala Lumpur . In April 2019, Huawei established the Huawei Malaysia Global Training Centre (MGTC) at Cyberjaya , Malaysia . Huawei has had a major role in building, by 2019, approximately 70% of Africa's 4G networks. In November 2020, Telus Mobility dropped Huawei in favor of Samsung, Ericsson, and Nokia for their 5G/ Radio Access Network By 2018, Huawei had sold 200 million smartphones. In 2019, Huawei reported revenue of US$ 122 billion. By

12644-709: Was announced that Huawei would move its UK headquarters to Green Park , Reading, Berkshire . Huawei also has expanding operations in Ireland since 2016. As well as a headquarters in Dublin , it has facilities in Cork and Westmeath. In September 2017, Huawei created a Narrowband IoT city-aware network using a "one network, one platform, N applications" construction model utilizing Internet of things (IoT), cloud computing , big data , and other next-generation information and communications technology , it also aims to be one of

12760-571: Was based in the city. This made it a city of world importance in the fight against Axis powers, together with London , Moscow and Washington, D.C. The city was also visited by Lord Louis Mountbatten , the Supreme Commander of SEAC which was itself headquartered in Sri Lanka. Chiang Kai Shek as Supreme Commander in China worked closely with Stilwell. From 1938 to 1943, the city suffered from continuous massive bombing campaigns of

12876-526: Was by far the most powerful switch available in China at the time. By initially deploying in small cities and rural areas and placing emphasis on service and customizability, the company gained market share and made its way into the mainstream market. Huawei also won a key contract to build the first national telecommunications network for the People's Liberation Army, a deal one employee described as "small in terms of our overall business, but large in terms of our relationships". In 1994, founder Ren Zhengfei had

12992-531: Was established in September, 2003. The company is a fully-funded subsidiary of Chongqing Sokon Group for pure electric commercial vehicles. Chongqing Chongqing is a direct-administered municipality in Southwestern China . Chongqing is one of the four direct-administered municipalities under the Central People's Government , along with Beijing , Shanghai , and Tianjin . It is

13108-426: Was founded in 1987 by Ren Zhengfei , a former officer in the People's Liberation Army (PLA). Initially focused on manufacturing phone switches , Huawei has expanded to more than 170 countries to include building telecommunications network infrastructures , providing equipment, operational and consulting services, and manufacturing communications devices for the consumer market. It overtook Ericsson in 2012 as

13224-727: Was moving to Canada . In 2020, Huawei agreed to sell the Honor brand to a state-owned enterprise of the Shenzhen government to "ensure its survival" under US sanctions. In November 2022, the Federal Communications Commission (FCC) banned sales or import of equipment made by Huawei out of national security concerns, and other countries such as all members of the Five Eyes , Quad members India and Japan , and ten European Union states have since also banned or restricted Huawei products. According to

13340-420: Was separated from Sichuan province and made into a municipality in its own right on 14 March 1997 in order to accelerate its development and subsequently China's relatively poorer western areas (see China Western Development strategy). By the 2000s the city had become an important industrial area in western China. As of 2022 , Chongqing's nominal GDP was US$ 433 billion ( CN¥ 2.91 trilion), about 2.41% of

13456-666: Was shifted to export brand, while AITO became a domestic-only brand. AITO is a brand Seres Automobile collaborates with Huawei for smart electric vehicle. Huawei is leads in the design of AITO models while Seres conducts in production. The AITO trademark was owned by Seres but was sold to Huawei in June 2023. Landian is Seres brand for budget electric vehicles which unveiled in March 2023. The word Landian literally means blue electricity (蓝电) in Chinese. Fengon (or DFSK Glory for foreign markets) formerly known as Dongfeng Fengguang (东风风光),

#122877