Recently, Honor announced in an evening statement that it plans to go public, but did not disclose the listing location. The company said in a statement: "To achieve new strategic goals, Honor will continue to optimize its equity structure, attract diversified capital, and enter the capital market through an IPO (Initial Public Offering)." Since last year, there have been occasional market rumors that Honor would go public via a backdoor listing, and the relevant A-share concept stocks also surged accordingly. The above statement indirectly denied the "backdoor listing" rumors, and also completely cooled down the "shell resource concept stocks". In November 2020, Honor was spun off from Huawei, and the acquirer was Shenzhen Zhixin New Information Technology Co., Ltd. (hereinafter referred to as "Shenzhen Zhixin New"). According to public information, Shenzhen Zhixin New was jointly invested and established by Shenzhen Smart City Technology Development Group and more than 30 Honor agents and distributors. Among them, Shenzhen Smart City Technology Development Group holds 98.6% of Honor's shares, and this company is wholly owned by the Shenzhen State-owned Assets Supervision and Administration Commission. In November 2022, on the occasion of its second anniversary of independence, Honor introduced 6 new shareholders, including BOE Technology Group Co., Ltd., CICC Qizhi (Shanghai) Equity Investment Co., Ltd. (Limited Partnership) and others. After this round of financing, the number of Honor's shareholders increased to 15, but it is still controlled by the Shenzhen State-owned Assets Supervision and Administration Commission. In the three years since its independence, Honor has successively launched multiple mobile phone products. A report from market research firm Canalys shows that in the third quarter of 2023, 66.7 million smartphones were shipped in the Chinese smartphone market, and Honor returned to first place with an 18% share, with a shipment volume of 11.8 million units. © 2021 Meishun (Hong Kong) Management Consulting Co., Ltd.、Meishun (Hangzhou) Management Consulting Co., Ltd. All rights reserved. Meishun Meiyin (Hangzhou) Consulting Management Co., Ltd. is the domestic subsidiary of Hong Kong Meishun Management Consulting Co., Ltd. under the same actual controller. Both companies share the same actual controller, and both operate in accordance with the One China principle, complying with the laws of Hong Kong and mainland China.