In her address, Huawei's Rotating Chairman, Meng Wanzhou, disclosed that in 2024, all Huawei employees demonstrated resilience in facing external challenges, dedicating themselves to enhancing product quality, operational excellence, and efficiency. The company achieved an annual sales revenue of RMB 862.1 billion, meeting projections. Key highlights include:

• The connectivity industry navigated the trough of the investment cycle and operated steadily.
• The computing industry capitalized on its decade-long AI layout, seizing growth opportunities.
• The terminal business regained momentum, with the HarmonyOS ecosystem achieving a landmark breakthrough.
• Huawei Cloud continued to refine its business structure for optimal performance.
• The digital energy business upheld a quality-first approach.
• The intelligent automobile solution business attained its first annual profitability.

Meng Wanzhou underscored that over the next decade, the demand for AI computing power will surge, presenting immense opportunities for system-to-system advancements. She emphasized that Huawei must uphold a long-term vision and evolve in harmony with the prevailing trends of our time.