Shenzhen Zhixin New Information Technology Co., Ltd. was established on September 27th, 2020. Its registered place is Unit A, Building 6, Shenye Zhongcheng, No.8089, Lihong West Road, Donghai Community, Xiangmihu Street, Futian District, Shenzhen, and its legal representative is Wan Biao. Business scope includes general business items: commission agency; Import and export of goods or technologies (except those prohibited by the state or involving administrative examination and approval). The licensed business items are: development, production and sales of communication and electronic products, computers, satellite TV receiving antennas, high-frequency heads, digital satellite tv receivers, medical devices (Class I, Class II and Class III medical devices) and supporting products of the aforementioned products, and provision of technical consultation and after-sales service; Value-added telecom service operation. (Projects that must be approved according to law can only be operated after the approval of relevant departments) Shenzhen Zhixin New Information Technology Co., Ltd. invests overseas 1 company. The investors of Zhixin New Information are mainly Shenzhen State-owned Assets Supervision and Administration Commission and its subordinate units and 3 1 distributor, and the management right of 100% belongs to Shenzhen State-owned Assets Supervision and Administration Commission.
Why does Huawei want to sell glory?
The first reason is that Huawei is short of money. Many public statements made by Huawei's senior management show that Huawei's current living conditions are very severe, and the price of online glory-related business is about 654.38+000 billion, which greatly improves Huawei's cash flow. On the other hand, the buyer Shenzhen Zhixin New Information Technology Co., Ltd. was established on September 27, 2020, and Shenzhen Smart City Technology Development Group Co., Ltd. holds 98.6% of the shares, and the company has a state-owned background, so this transaction may also have a certain aid nature.
The second reason is the survival of glory itself. Due to the continuous suppression of Huawei's chip ban by the United States, it is almost impossible to obtain mobile phone chips and related components. Huawei's own Mate series and P series are not enough, not to mention brand glory. Glory brand focuses on the low-end positioning and faces young people, which is destined to be a route to win by quantity. In the current situation of chip shortage, the living environment is very bad. If it falls, it will affect thousands of agents and distributors in Qian Qian. Therefore, as stated in Huawei's statement, selling the glory business is a self-help act.