Shanghai Daily

China urges release of Huawei CFO

- Zhu Shenshen

CHINA has lodged solemn representa­tions with Canada and the United States, and demanded the immediate release of Meng Wanzhou, Huawei’s chief financial officer, who was detained by the Canadian authoritie­s in Vancouver at the request of the US.

The US has sought her extraditio­n to face unspecifie­d charges in the Eastern District of New York.

Chinese foreign ministry spokesman Geng Shuang told a daily news briefing yesterday that China has lodged solemn representa­tions with the Canadian and US sides, urging the two countries to clarify the reason they detained Meng, immediatel­y release her and effectivel­y protect her legitimate rights and interests.

Meng was provisiona­lly detained by the Canadian authoritie­s on behalf of the US, when she was transferri­ng flights in Canada, Huawei said yesterday.

“The Chinese side firmly opposes and strongly protests over such kind of actions, which seriously harmed the human rights of the victim,” the Chinese embassy in Canada said, adding that Meng didn’t violate any American or Canadian law.

The embassy has made solemn representa­tions to Canada and the US, and urged them to “immediatel­y restore the personal freedom of Meng.”

Meng, who is the daughter of Huawei’s founder Ren Zhengfei, serves as the company’s CFO and vice chairwoman.

Huawei said it is hoping for “a just conclusion.”

“The company has been provided very little informatio­n regarding the charges and is not aware of any wrongdoing­s by Meng,” the company said in a statement, adding that it believes the Canadian and US legal systems will ultimately reach “a just conclusion.”

The statement also emphasized that Huawei complies with laws and regulation­s globally, including those set by the United Nations, the US and the European Union.

Meng joined Huawei in 1993 as a secretary when the company was just a startup.

She held several positions including that of head of internatio­nal accounting, CFO of Huawei Hong Kong and head of auditing of Huawei before being promoted as CFO and vice chairwoman of Huawei.

In 2003, Meng was assigned the task to set up a globally unified financial organizati­on with standardiz­ed and unified organizati­onal structure, financial processes, financial systems and IT platforms.

Since 2007, she was responsibl­e for the eightyear Huawei Integrated Financial Services transforma­tion with IBM, covering resource allocation, operationa­l efficiency, process optimizati­on and internal control constructi­on.

The new system is regarded as a key part in Huawei’s rapid growth.

Huawei is expected to generate US$100 billion in revenue for the first time this year, compared with last year’s US$92.5 billion based on yearend exchange rates, thanks to 5G and cloud computing.

Huawei is now the world’s second-largest smartphone maker by market shares, ahead of Apple.

 ??  ?? Meng Wanzhou
Meng Wanzhou

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