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interface news reporter | lu keyan

interface news editor | song jianan

on september 30, jiemian news learned from honor that honor vice chairman wan biao resigned from the company’s vice chairman and other related positions due to personal reasons.

according to multiple honor insiders, wan biao left honor at least six months ago.

there have been rumors in the industry that wan biao will join shenzhen xinkailai technology co., ltd. someone familiar with the matter even confirmed that he had been working for the company for some time. xinkailai is affiliated to the shenzhen state-owned assets supervision and administration commission and involves the research and development, manufacturing, sales and service of semiconductor equipment and components, and electronic manufacturing equipment. however, wan biao himself denied the news to jiemian news, saying, "it's completely a rumor. he is currently spending time with his family."

honor stated that wan biao’s resignation will not affect the company’s normal operations. "thanks to mr. wan biao for his outstanding contributions to the company. under the leadership of the board of directors and management team, the company will continue to bring innovative products and experiences to consumers."

wan biao was one of the key figures in the rise of huawei's wireless products and terminal business. he joined huawei in 1996 and has served as president of huawei's wireless product line, president of the terminal company, president of the russian region, president of the consumer business mobile broadband and home product line, and chief operating officer of the consumer business.

in 2020, honor became independent from huawei, and wan biao joined honor and served as the legal representative and chairman of honor terminal co., ltd. in november 2023, wu hui, the former chairman of shenzhen water group co., ltd., took over his position, and wan biao was changed to vice chairman of honor.

the background of this job change is that honor is about to land in the capital market.

honor's board of directors documents released last year show that in order to achieve the next stage of strategic development, the company will continue to optimize its ownership structure, attract diversified capital, and promote the company's entry into the capital market through initial listing. as the company's plan to move toward the public market is gradually implemented, the company's board of directors will be adjusted in accordance with the standards of listed companies, and the board members will be gradually diversified to adapt to the company's governance and regulatory needs in the new development stage.

public information shows that wu hui worked in the general office of the shenzhen municipal party committee for more than ten years, and later served in hubei province. he served as secretary of the chibi municipal party committee and deputy secretary of the xianning municipal party committee. in 2021, wu hui serves as the chairman and legal representative of shenzhen water group, and the chairman and legal representative of shenzhen environmental water group.

with the addition of wu hui, the listing process of honor has been further accelerated.

in august this year, honor issued a statement stating that it planned to launch the corresponding shareholding reform in the fourth quarter of this year and launch the ipo process in due course. relevant financial data will be disclosed in the corresponding process. honor also pointed out that since january 1, 2021, the company has not received support from the shenzhen government beyond the usual enterprises.

since its independence in 2020, honor’s shareholder lineup has grown increasingly larger. tianyancha app shows that the number of honor shareholders has reached 17, with backgrounds including local state-owned assets, suppliers, operators, foreign capital, etc. in august this year, honor announced that it had received investment from china mobile; this month, china guoxin holdings co., ltd.affiliated company hangzhou weitong equity investment partnership (limited partnership) invested in glory. the former is a central enterprise managed by the state-owned assets supervision and administration commission of the state council.

data released by market research organization canalys shows that honor shipped 10.7 million units in the chinese smartphone market in the second quarter, a year-on-year increase of 4%, ranking third behind vivo and oppo in terms of shipments. in the european market, honor is pursuing a high-end strategy, with foldable screens in the second quarter.shipments surpassed samsung for the first time and became the first in the market.