Ren's son as director and daughter as CFO? 1 billion price breakup fee for Yafang leave? Yangcheng Evening News According to Caixin News Network reported, "Because Ren wants to arrange his son succession, triggering Huawei executives concussion," Yesterday was written by Huawei denied. On the afternoon of October 27, Huawei Technology Limited (hereinafter called Huawei) issued a statement saying the news was "purely unfounded and untrue" and said it reserved the right to pursue legal responsibility. October 27, "Daily economic news," a report on the Huawei high-rise earthquake has aroused widespread concern. According to the report, Ren had proposed at a EMT meeting before the national day to introduce his son Ren into EMT as a director, but was opposed by executives such as Chairman Yafang. And Ren's female Meng late boat will also take over Huawei CFO. This may cause Huawei's top-level concussion. According to reports, in order to make the Yafang "Give Way", "Ren and Huawei to 30 yuan/share price to recover Yafang holdings of Huawei shares." "The amount involved is close to $1 billion. Huawei EMT members include President Ren, Chairman Yafang, Vice President Fermin, Hongtian, Zhijun, jiping, Mr, Kun, Guo, Xu, etc. At the meeting, most executives expressed opposition to the introduction of Ren. According to the report, people familiar with the matter said that supporters of Ren, including Guo, Xu, Peng Zhiping, Mr Kun did not comment, but the yafang rate of the remaining executive representatives cast a negative vote. This led to a head-on clash between senior executives and Ren. Ren has a tough attitude and ren his son. Afterwards, the opposition was largely on leave or leave. Ren graduated from China University of Science and Technology, has been in the company's marketing department, purchasing department, pilot department and other departments to exercise for many years. Despite Huawei's internal knowledge of Ren's desire for his son to succeed, he has been yafang by senior executives like him. It is not yet certain that Ren, who has a large share of Huawei holdings in the hands of Huawei's entrepreneurs, will have to deal with share buybacks and price issues, as it is rumored that he has given a sky-high breakup fee for senior executives. This is also the core issue of Yafang and other executive turnover negotiations. Another source said, according to a person close to Huawei, Ren's daughter, former Huawei Hong Kong company financial director of the Meng late boat, has also confirmed the successor group CFO, former CFO Liang is processing exit procedures. This makes Huawei further business family. In response to the report, in the afternoon of 27th, Huawei issued a statement of more than 100 words, announced by Huawei's media director to send the message, but did not sign. Huawei said in a statement that the news is a vicious slander against Huawei, hoping the media "do not continue to hype", and the company will retain the right to be held accountable.
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