I really don't have any way to disprove this. There have been two English language studies into Huawei's structure. The earlier one by Balding et al tries to claim that it is employee owned in name only but there is a more recent one by a Japanese university that contradicts this fact. Interestingly neither of the studies raise issues about significatly unequitable profit sharing so there's that. The founder of the company owns about 1% of the shares.
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