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On August 5, Honor responded to Reuters that it plans to launch the correspondingShareholding systemReform and launch it at an appropriate timeIPOprocess.

Honor officially stated that at 3:03 pm Beijing time on August 2, David Kirton, a reporter for Reuters in Shenzhen, emailed Honor regarding "Reuters' request for comment on Honor and Shenzhen government support" and noted in the email "Honor please reply to any comments or responses before noon Singapore time on Monday, August 5."

In response to this inquiry, Honor stated that Honor has always adhered to the principle of open and transparent development and will continue to diversify its equity structure. Honor plans to launch the corresponding shareholding reform in the fourth quarter of this year and start the IPO process in due course. Honor will disclose relevant financial data in the corresponding process. From January 1, 2021 to date, Honor has not received anyShenzhen Municipal GovernmentThis is beyond the support for ordinary enterprises. At the same time, the special support items listed in the above email have never been obtained. (Cui Yuxian)

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