Honor invests in four new companies to expand its business

Recently, Honor's wholly-owned subsidiary Shenzhen Xingyao Terminal Co., Ltd. has newly invested in four subsidiaries, including Taiyuan Xingyao Terminal Co., Ltd., Chengdu Xingyao Terminal Trading Co., Ltd., Nanjing Xingyao Terminal Co., Ltd. and Kunming Xingyao Intelligent Terminal Commercial Co., Ltd. Among them, the registered capital of Chengdu Xingyao Terminal Trading Co., Ltd. is RMB 1 million, and the registered capital of the other three companies is RMB 500,000 each. The legal representative of the four companies is Wen Jie, and their business scope covers mobile terminal equipment sales, home appliance sales, electronic product sales, camera and equipment sales, wearable smart device sales, smart robot sales, and smart unmanned aerial vehicle sales.