Core Viewpoint - Honor has taken a significant step towards its IPO in the A-share market, which could enhance the innovation vitality of the technology sector in the A-share market and potentially reshape the AI segment in the capital market [1][2]. Group 1: IPO Progress - On June 26, Honor Terminal Co., Ltd. received listing guidance registration from the China Securities Regulatory Commission, marking the beginning of its listing journey [1]. - The company aims to complete its shareholding reform by the end of 2024 and has engaged various professionals, including brokers, law firms, and accountants, to facilitate the IPO process [3]. Group 2: AI Strategy and Market Position - Honor is accelerating its transformation towards AI with its "Alpha Strategy," which includes the upcoming launch of the AI foldable flagship phone, Honor Magic V5, scheduled for July 2 [2]. - The company is expanding its AI foundational research and building an open ecosystem that extends into cutting-edge fields such as robotics [2]. - Honor's sales and service president expressed the goal of returning to the top three in the domestic market by the end of this year [3].