On April 28, Huawei Investment & Holding Co., Ltd. announced the financial information for the first quarter of 2021. According to the company's announcement, Huawei Investment Holding Co., Ltd.'s operating income in the first quarter was 150.57 billion yuan, lower than the 180.614 billion yuan in the same period last year; net profit was 16.85 billion yuan, higher than the 13.304 billion yuan in the same period last year.
It is reported that Huawei Investment Holding Co., Ltd. is the main company of Huawei. It is mainly engaged in the research, development, sales, and service of high-tech products; foreign investment business; provision of management, consulting, training and other businesses; IT service business; self-owned house leasing.
The "Huawei Investment & Holding Co., Ltd. Annual Report 2020" shows that in 2020, Huawei's global sales revenue was 891.4 billion yuan, a year-on-year increase of 3.8%; net profit was 64.6 billion yuan, a year-on-year increase of 3.2%; cash flow from operating activities was 35.2 billion yuan, a year-on-year decrease 61.5%. In that year, Huawei's China revenue accounted for more than 65% of the group's total revenue, and China revenue was 584.9 billion yuan.
Up to the end of 2020, Huawei holds more than 40,000 valid authorized patents (more than 100,000) worldwide, and more than 90% of the patents are invention patents. It has participated in 30+ industry alliance projects, actively invested in academic activities, and published 590+ papers.