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According to media reports from Fast Technology on August 25, Honor has received investment from China Mobile.

Regarding China Mobile's investmentHonor stated that the company has always adhered to the principle of open and transparent development and will continue to diversify its equity structure. China Mobile's investment in Honor is a financial investment with good synergy in innovation in the personal and home terminal markets.

In a statement, Honor said that as a leading company in the field of smart terminals, Honor has a rich product portfolio, and China Mobile has significant advantages in channel resources and user resources.

The two parties have broad space for cooperation in business areas such as innovation of comprehensive solutions for consumers, expansion of the Chinese market, and high-end user development.Through this cooperation, both parties will give full play to their respective advantages and jointly provide users with a better and more innovative experience.

Honor previously stated that since January 1, 2021, the company has not received any additional support from the Shenzhen municipal government beyond the financial support usually provided to businesses.

Honor also stated that it will begin shareholding reform in the fourth quarter and launch IPO procedures at an appropriate time.