Ren is president of Huawei Company. Forbes magazine listed Mr. Ren as the 3rd of China 50 richest business people, with private assets of approximately $500 million.
Shenzhen Huawai Technology Co., Ltd., which he established in l987, has annual sales of $l.5 billion, and is a very large producer of GSM devices, switching products, and input systems. Among his other accomplishment, Ren is responsible for developing cooperative programs with businesses in China's interior regions.