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Culture
January 7, 2025
4m read

After completing shareholder restructure, Honor is on track to IPO, according to Honor.

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After completing shareholder restructure, Honor is on track to IPO, according to Honor.


With the recent developments that occurred in the last few days of 2024, it appears that the state-backed tech company is now one step closer to becoming a reality-based tech company.


Honor, the smartphone maker spin-off from huawei, has left the market wondering when, where, and how.


Honor announced on december 28th last year that it had completed its shareholder restructure, which began in q4 of 2024 and is now in the process of an ipo.


Honor also changed its name from "" (lit.


Honor devices co.) to "" (lit.


Honor devices co.), which also included "" (lit.


Honor devices co.).


Honor is eligible to go public four years after huawei's spin-off, according to pundits, who claim honor is after annual new launches.


Ltd.


Honor ranked third among domestic companies by smartphone units sold in q3 and ranked third, behind only vivo and huawei in second place, while vivo and huawei came in third, behind vivo and huawei in second place.


Honor, according to previously unconfirmed reports, the company has been mum about when and where it will launch its ipo, rather than a reverse takeover to go public.


However, the company has also remained mum about when and where it will debut its ipo and will carefully select the right location at the right time.


While going public in shenzhen in 2024 with a 200 billion rmb (27.40 billion usd) pre-ipo, the company is also going global, which could increase the chances of it going public in hong kong, a common stop for brands to grow.


With a reported current valuation of 300 billion rmb (40.98 billion usd), it will undoubtedly be closely watched by both tech insiders and the investment community alike.


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