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OverviewAPI
Honor, a former sub-brand of Huawei, plans to optimize its equity structure and attract diversified capital through an IPO. The company has made adjustments to its board of directors and has initiated an employee stock allocation program. Honor secured the top spot in the domestic smartphone market with a shipment share of 19.3% in Q3 2023. The Chinese foldable smartphone market also experienced rapid growth, with Honor capturing a market share of 15.1% in Q3 2023.

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