Hikvision CEO Admits Hikvision China State-Owned Company

Author: John Honovich, Published on Oct 06, 2016

Hikvision's CEO admitted that Hikvision is a China state-owned company, during a 2015 visit to Hikvision from Xi Jinping, the General Secretary of the Communist Party of China.

This was reported in the official website of the China Electronics Technology Group Corporation, which is "controlled directly by the central government." The report was written in English.

Hikvision CEO Chen Zongnian said:

“President XI’s visited means a full appreciation and support for CETC group and HIKVISION. As a state- owned company, we understand that reform and transformation cannot be accomplished in one day and should continue. In the future, we will still do our best to fulfill our mission and take responsibilities for our society and government.” [IPVM Emphasis Added]

Chen, Chairman and Communist Party Secretary of Hikvision as well, has also declared:

"Every party member must consciously accept the [Communist] party's leadership, effectively strengthening the party's leadership, strengthen the Party's vitality, comply with party discipline.... All Party members united as one, as "personal dream", "Hikvision Dream", "China Dream" and efforts!" [IPVM emphasis added]

This is consistent with our reporting on Hikvision's origins and Hikvision's financial report disclosing that the Chinese government is their 'controlling shareholder'.

Message to Hikvision Partners

We recognize many Hikvision partner's frustration with our continued reporting. We do so because (1) Hikvision 'overseas' marketing continues to deny this and (2) because we continue to find definitive evidence to prove to you that this is true.

Tell the Truth Hikvision Overseas

Perhaps the 'overseas' Hikvision marketing staff suffer from a combination of willful ignorance and Hikvision Hanghzhou HQ hiding information from them.

Regardless, the evidence is clear, and the false assertions of Hikvision's independence and that Hikvision is not a state owned / controlled organization should stop.

As soon as that is done, we can all focus on the more complicated and important question of what Hikvision's Chinese government control means for 'overseas' buyers.

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