深圳又一上市公司要来了，荣耀冲刺AI终端生态第一股

Core Viewpoint - Honor Terminal Co., Ltd. has officially initiated its IPO process, marking a significant step towards its listing on the A-share market, with the guidance of CITIC Securities [2][5]. Company Overview - Honor was established on April 1, 2020, with a registered capital of 32.239 billion yuan, and is primarily engaged in the manufacturing of computers, communications, and other electronic devices [2]. - The controlling shareholder, Shenzhen Zhixin New Information Technology Co., Ltd., holds 49.55% of the shares [2]. IPO Progress - The IPO counseling work is structured in three phases, starting from June 2025 and continuing until March 2026 [4][5]. - Honor has attracted over 20 shareholders, including state-owned enterprises and major institutional investors, enhancing its capital base ahead of the IPO [5][9]. Market Performance - Honor has experienced significant growth in global markets, with sales in regions like Latin America, the Middle East, and Asia-Pacific increasing by over 50%, and growth in Southeast Asia exceeding 100% [9]. - The A-share IPO market has shown signs of recovery, with 51 new stocks listed in 2023, raising a total of 37.355 billion yuan, reflecting a year-on-year increase of approximately 16% [10][11]. Strategic Focus - Honor is shifting its focus towards AI, with plans to invest 10 billion USD over the next five years to enhance its AI capabilities [13]. - The company has launched several AI-integrated products, achieving record sales growth compared to previous series [15][18]. Leadership Changes - Following a series of executive departures, Li Jian, a former Huawei executive, has taken over as CEO, emphasizing the importance of AI in the company's future [6][7]. Future Outlook - The upcoming IPO is seen as a pivotal moment for Honor, marking its transition into a leading AI terminal ecosystem company, which could invigorate the innovation vitality of the A-share market [19].