Honor plans to initiate an IPO process following its Q4 equity restructuring

Regarding IPO rumors, Honor told Wallstreetcn that it remains committed to principles of openness and transparency and will continue to diversify its equity structure.

Honor plans to begin the necessary shareholding reforms in Q4 of this year and will proceed with the IPO process at an appropriate time afterward. During this process, Honor will disclose relevant financial data. Since January 1, 2021, Honor has not received any support from the Shenzhen municipal government that exceeds what is typically given to regular enterprises.