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Honor CEO reacts to IPO filing and comparison with Xiaomi

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Honor recently announced the news of filing an IPO and its CEO gave first reaction to this matter as well as comparison with rival Xiaomi.

A media personnel questioned CEO, Zhao Ming about Honor’s listing and asked whether Honor is targeting the market value of Xiaomi or anyone else with this new move.

Zhao replied that none of the companies are Honor’s target. The company must find its own path of development and compete against others to build high-quality products.

The Honor Chief mentioned that his company is focusing on delivering global products and rival Apple to launch many new products for global consumers.

A few days ago, Honor shared an official document of filing an IPO and announced that the company is going public.

Under the company structure, a person named Wu Hui will serve as the company’s director and chairman, and Mr. Wan Biao will serve as the vice chairman. It is revealed that these two are elected at the company’s shareholders’ meeting and the board of directors. Read more below.

Former Huawei subsidiary Honor prepares for IPO

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