Home > News content

What about the first bond issue in China? Huawei's response: No shortage of money, intended to optimize the capital structure

via:搜狐IT     time:2019/9/11 22:30:41     readed:91

Visits:

HUAWEI mall

At present, the funds needed for Huawei's operation mainly come from the accumulation of enterprises' own operations, and the two parts of external financing are mainly based on the accumulation of enterprises' own operations (about 90% in the past five years) and supplemented by external financing (about 10% in the past five years).

"China's domestic bond market has developed rapidly. At present, the market capacity is the second largest in the world. Bond financing has become one of the important financing channels in China. The company will further enrich the financing channels and optimize the overall financing layout by opening up the domestic bond market through domestic bond issuance.

"Huawei has been insisting on continuously optimizing its capital structure through a reasonable financing layout to ensure the company's financial soundness." Huawei revealed that the proceeds of the bond issue will be used for ICT infrastructure construction. At the same time, Huawei stressed that its operations are sound and cash flow is abundant.

It is understood that China has previously issued bonds overseas, including two RMB dim sum bonds and four US dollar bonds. By the end of the first half of 2019, Huawei had a balance of 30.782 billion yuan in bonds payable.

The following is Huawei's response:

Huawei has always insisted on optimizing its capital structure through rational financing layout to ensure its financial stability.

With the rapid development of domestic bond market and the second largest market capacity in the world, bond financing has become one of the most important financing channels in China. The company will further enrich the financing channels and optimize the overall financing layout by opening up the domestic bond market through domestic bond issuance.

Huawei's operating capital mainly comes from its own business accumulation and external financing, mainly from its own business accumulation (accounting for about 90% in the past five years), supplemented by external financing (accounting for about 10% in the past five years). The company operates steadily and has ample cash flow.

The funds will be used to focus on ICT infrastructure construction and provide customers with better product solutions and services.

China IT News APP

Download China IT News APP

Please rate this news

The average score will be displayed after you score.

Post comment

Do not see clearly? Click for a new code.

User comments