Lead Glory was originally a sub-brand of Huawei, and its sales in HONOR have been very good. However, due to US sanctions, Huawei had to separate Glory, so that Glory and its suppliers could survive. Who did Huawei sell its glory to? Let's take a look at this.
Huawei sells glory
On November 17, 22, Huawei Investment Holdings Co., Ltd. decided to sell the glory honor business assets as a whole, and the acquirer was Shenzhen Zhixin New Information Technology Co., Ltd. It is understood that Huawei did not disclose the specific amount of this transaction, only knowing that the deposit was 1 billion yuan.
in addition, more than 3 glory agents and distributors, including Suning.cn, also participated in the investment. For the glory after delivery, Huawei said that it does not own any shares and does not participate in management and decision-making.
according to the inquiry data, the major shareholder of Shenzhen Zhixin New Information Technology Co., Ltd. is Shenzhen State-owned Private Equity Partnership (Limited Partnership), which means that Glory Company is basically controlled by Shenzhen State-owned Assets Supervision and Administration Commission. Shenzhen government supports Huawei and Glory with real money.
glory brand was born on December 16th, 213, and adheres to the light asset model of Internet innovation. In 217, Glory ranked first in China Internet mobile phones with sales of 54.5 million units and 78.9 billion yuan.
Glory has continuously launched different series of products, and is committed to building an ecosystem of mobile phones and Internet of Things products. The mission of glory is to create a new world of wisdom for young people. Glory will continue to provide cool full-scene intelligent experience for young people around the world, and create pioneering culture and fashionable lifestyle that young people yearn for.
Summary: Huawei Glory has been sold in the market for so many years. Although it has changed companies now, I believe it will get better and better with the strength of glory.