Honor acquires investment from China Mobile

According to news from this site on August 24, according to a Bloomberg report on the evening of the 23rd, the parent company of China Mobile Communications Group Corporation invested in Honor Terminal Co., Ltd. Honor said in a statement sent to Bloomberg that the company has received investment from China Mobile. This marks the beginning of the cooperation between Honor and China Mobile. According to IDC, Honor ranked fourth in China's smartphone market in the second quarter of this year. "Both parties will give full play to their respective strengths and jointly provide consumers with a better and more innovative experience," a spokesperson for Honor said on Friday. Honor is preparing for an initial public offering (IPO), and display maker BOE is also one of them. one of the investors.

According to previous reports on this site, in August this year, Honor responded to rumors related to listing, saying that it always adheres to the principle of open and transparent development and will continue to diversify its shareholding structure.

Honor plans to launch the corresponding shareholding reform in the fourth quarter of this year, and thenstart the IPO process in due course.

Honor will disclose relevant financial data in the corresponding process.

From January 1, 2021 to the present, Honor has not received "support beyond ordinary enterprises" from the Shenzhen Municipal Government.

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