1. Report Industry Investment Rating No information provided in the content. 2. Core Viewpoints of the Report No information provided in the content. 3. Summary According to Relevant Catalogs 3.1 Enterprise Overview - **Basic Information**: The company is Glory Terminal Co., Ltd., a foreign - invested, unlisted joint - stock company with a registered capital of 3,223,894.7581 million RMB. It is located in Shenzhen, and its business scope includes the development, production, and sales of communication and electronic products, etc. [4] - **Enterprise Website Information**: Multiple websites are associated with the company, such as honor.com.cn, hihonor.com, etc. [6] - **Main Personnel Information**: The chairman is Wu Hui [8]. - **Branch Information**: There are four branches, namely Dongguan Branch, Nanjing Branch, Pingshan Branch, and Futian Branch [9]. - **Change Records**: There have been many changes in the company, including investors, registered capital, market - subject types, etc. For example, the registered capital has increased from 30,000 million RMB to 3,223,894.7581 million RMB [12][13][14]. - **Shareholder Information**: There are 23 shareholders, including Shenzhen Zhixin New Information Technology Co., Ltd., Shenzhen State - owned Assets Co - development Private Equity Fund Partnership (Limited Partnership), etc. [19][20][21] - **Subscribed Capital Contribution Information**: No specific information provided [22]. - **Business Exception Information**: The company was listed as abnormal for failing to publicize the 2020 annual report on time but was removed from the list after making up the report [23]. - **Enterprise Contact Information**: The company's address is in Shenzhen, with a phone number of 61886688 and an email of subsidiary@honor.com [24]. 3.2 Enterprise Linkage Relationship - **Enterprise - Related Information**: The internal enterprise ID is a4053fe5 - c92a - 49e7 - 8717 - 03a5d73f4a4d, and the company is in a存续 state [26]. - **List of Associated Enterprise Shareholders**: Shenzhen Zhixin New Information Technology Co., Ltd. holds 49.55% of the shares, Shenzhen Pengcheng New Information Technology Partnership (Limited Partnership) holds 18.47%, etc. [27][28][29] - **Enterprise Main Personnel Information**: The chairman is Wu Hui [31]. - **External Investment Information of Associated Enterprises**: The company has 100% investment in multiple companies, such as Beijing Glory Terminal Co., Ltd., Shenzhen Glory Terminal Business Co., Ltd., etc. [32][33] - **Judgment Document Information of Associated Enterprises**: There are 36 associated enterprises involved in judgment documents, including Huawei Technologies Co., Ltd., Qinghai Limeng Commercial Investment and Operation Co., Ltd., etc. [34][35] - **Court Announcement Information of Associated Enterprises**: There are 47 associated enterprises with court announcements, such as Beijing JD.com 360 - Degree E - commerce Co., Ltd., Zhejiang Taobao Network Co., Ltd., etc. [37][38][39] - **Enterprise Historical Shareholder Information**: The historical shareholders include Huawei Investment Holding Co., Ltd. and Hangzhou Weitong Equity Investment Partnership (Limited Partnership) [41]. - **Suspected Associated Relationship Information**: There are 23 suspected associated enterprises, with associations such as sharing patents or having the same executives/shareholders/legal representatives/historical shareholders [42][43][46] 3.3 Information on Dishonest Persons - **Filing Information of Dishonest Persons**: No specific information provided [50]. - **Judgment Documents of Dishonest Persons**: No specific information provided [51]. 3.4 Related Research Reports There are many related research reports, covering industries such as information communication, photovoltaic, electronics, etc. For example, "The Main Battlefield of the Great - Power Game: Information Communication: One - Click Configuration of Six Sub - sector Leaders" and "Photovoltaic Industry Weekly" [54]

Group 1: Company Information - The company under research is Honor Terminal Co., Ltd., an Internet mobile phone brand established on April 1, 2020, with Wu Hui as the legal representative and the unified social credit code 91440300MA5G49LC9K [3]. - The company's main product is the Honor HONOR series, which focuses on trendy design and performance, aiming to build a mobile phone + IoT product ecosystem, targeting the mid - range flagship market, and also offering laptops, tablets, smart screens, smart wearables, smart home products, and accessories [7]. - The company has a rich financing history, including being acquired by Shenzhen Zhixin New Information Technology Co., Ltd. for $40 billion in 2020, and receiving strategic investments and equity investments from multiple institutions such as Aisidi, CMCC, and China Telecom [3][4]. - The core team members of the company have extensive experience in the technology industry, many of whom have worked at Huawei and hold important positions such as directors, CEO, and chairman [5][6]. Group 2: Competitor Information - The report lists multiple competitors of Honor Terminal Co., Ltd., including Lenovo Group, Xiaomi Technology, and others. These competitors are involved in various fields such as artificial intelligence, smart hardware, and consumer electronics [8][14]. - Competitors have different financing rounds, ranging from IPO to A - round financing, and have achieved various honors and recognitions in the industry [8][10][14].