(coco) #1

2019 Annual Report (^11)

Message from the Chairman

2020 may prove to be an even greater
challenge. We will need to further adapt
to the long-standing restrictions imposed
by the Entity List, while also addressing the
impact of the ongoing COVID-19 pandemic.
Nevertheless, we are fully confident in
what the future holds. We will stay the
course and continue creating value for
our customers and the broader global

In 2019, we faced challenges the likes of
which we have never seen. And we stood
strong. Since the US government added us
to its Entity List, we have worked day and
night to patch up the holes in this embattled
aircraft of ours, ensuring business continuity
and timely delivery for our customers.

Our operations have remained stable, and
our organization is as sound as ever. With
effective management, we have been able
to achieve an excellent performance across
all financial indicators, and our business has
remained robust throughout 2019.

Iā€™d like to take a moment here to thank our
customers and consumers for their ongoing
trust, our partners for their strong support,
and express our heartfelt gratitude for
everyone who has helped us along the way.

Right now, almost every country around the
world is fighting the spread of COVID-19.
At the first signs of the outbreak, Huawei
immediately took a series of measures
to contain and prevent its spread. First
and foremost, to ensure the safety and
well-being of our employees, and then to
make sure that production and delivery

Creating value for our customers and the global community

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