荣耀IPO，来了！

Group 1 - Honor Technology Co., Ltd. has officially initiated its A-share IPO process by starting the listing counseling record with CITIC Securities as the counseling institution [1][3] - Honor is one of the top five smartphone manufacturers in China and announced its intention to enter the capital market through an initial public offering (IPO) at the end of 2023 [1][3] - The counseling work for Honor's listing is divided into three phases, scheduled from June 2025 to March 2026 [3][5] Group 2 - From June to September 2025, CITIC Securities will conduct a baseline survey of Honor, develop a comprehensive rectification plan, and assist in establishing a sound internal control system [5][6] - From October to December 2025, discussions will focus on the business development goals of the company, fundraising targets, and future investment project planning [5][6] - By January to March 2026, Honor aims to complete the counseling plan and apply for counseling acceptance from the Shenzhen Securities Regulatory Bureau in preparation for submitting its IPO application [6] Group 3 - Honor was established on April 1, 2020, with a registered capital of 32.239 billion yuan, and its controlling shareholder is Shenzhen Zhixin New Information Technology Co., Ltd., holding a direct stake of 49.55% [7][8] - The company has over 20 shareholders, including local state-owned assets, operators, distributors, suppliers, and third-party capital [12] - In 2024, Honor engaged in frequent financing activities in the primary market, with participants including China Mobile, China Telecom, and various investment funds [11]