Honor Introduces New Investments from China Telecom and Others

Updated:2024/11/5 16:01

Recently, Honor's shareholding reform has brought in a new round of investors, including funds under China Telecom, CICC Capital, Cornerstone Capital, Shenzhen Special Zone Construction and Development Fund, as well as a new round of agency investment platform (Jinshi Xingyao) and other institutions.

Regarding this round of financing, Honor stated that it adheres to the principles of open and transparent development and continues to promote the diversification of its equity structure. It is reported that the company plans to initiate the corresponding shareholding reform in the fourth quarter of this year and subsequently start the IPO process at an appropriate time.

Prior to this, Honor had already brought in numerous channel partners and supply chain investors, including China Mobile, China Reform Holdings Corporation, and Sanzhen Group, among others.

 Source:C114
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