China's ruling Communist Party is demanding a show of greater loyalty from the sprawling private sector as the world's second-largest economy grapples with growing external risks, from open U.S. hostility to the coronavirus pandemic.
While Huawei is not structured perfectly as a traditional worker cooperative where workers have more direct influence over management, the employees still hold indirect influence on management decisions through being able to vote for the Representatives' Commission which appoints Huawei Holding Board of Directors and Board of Supervisors.
Most "private industries" are worker coops though
No one can own a share of Huawei unless they're employed
The founder of Huawei only owns 1.14% of Huawei while 96,768 there are shareholder employees
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While Huawei is not structured perfectly as a traditional worker cooperative where workers have more direct influence over management, the employees still hold indirect influence on management decisions through being able to vote for the Representatives' Commission which appoints Huawei Holding Board of Directors and Board of Supervisors.