On December 30, Gelonghui reported that the Honor Concept stocks in the A-share market were strong, among which Huibo Yuntong rose over 16%, Shenzhen Aisidi hit the daily limit, Visionox Technology Inc. and Zhejiang Crystal-optech rose over 5%, and Huaqin Technology increased nearly 5%. According to media citing informed sources, Honor, a smartphone manufacturer spun off from Huawei, has made smooth progress since initiating its shareholding system reform in the fourth quarter of this year; the share reform was completed today (28th), and the name of Honor Terminal Company has changed to "Honor Terminal Co., Ltd." The message indicated that this share reform involves changes in company form and name, which do not affect the daily operation of Honor; after the share reform is completed, Honor will appropriately initiate the IPO process, and further information will be disclosed in the corresponding process. To achieve the next phase of the company's strategy development, Honor will promote the company's entry into the Capital Markets through its initial public offering.