What is the process for Huawei to acquire Hublot shares?

By the end of 2022, the acquisition was completed in June165438+1October 65438+March.

According to the notice issued by official website, Huawei Technologies Co., Ltd., Hublot Watch Co., Ltd. was acquired when its shares were eliminated in order to reduce its registered capital. The company's capital and existing property are unbalanced, and the losses are too large. Hublot shares have a good development prospect. Huawei completed the acquisition of Hublot in June165438+1October 65438+March 2022.

Huawei Technologies Co., Ltd., founded in 1987, is headquartered in Longgang District, Shenzhen City, Guangdong Province. In 20021year, Huawei's total revenue was 636.8 billion yuan and its net profit reached113.7 billion yuan.