NetEase Technology News September 11 news, recently media said Huawei is planning to issue 3 billion yuan of bonds. In response, Huawei officials responded that the company is sound and cash-rich.
Huawei Investment Holdings Co., Ltd. is planning to issue a medium-term note in the interbank market for a period of about 3 billion yuan for a period of three years, with the lead underwriter being Industrial and Commercial Bank of China, according to media reports. Huawei said the company is stable and cash flow is abundant.
At present, Huawei's operating capital mainly comes from the accumulation of its own operation and external financing, mainly from the accumulation of its own operation (accounting for about 90% in the past five years), supplemented by external financing (accounting for about 10% in the past five years). (quiet)
Today, the company officially submitted the bond issuance documents and issued public bonds for the first time in China.
The following is the official response:
Huawei has always insisted on optimizing its capital structure through rational financing layout to ensure its financial stability.
With the rapid development of bond market in China, the market capacity is the second in the world. Bond financing has become one of the important financing channels in China. The company opens the domestic bond market through the domestic bond issue, will further enrich the financing channel, optimizes the overall financing layout.
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 the accumulation of enterprises' own operations (about 90% in the past five years), supplemented by external financing (about 10% in the past five years). The company operates steadily and has plenty of cash flow.
The proceeds of the bond issue will be used to continue to focus on ICT infrastructure to provide customers with better product solutions and services.<#comment>#comment><#comment>#comment>