It is understood that on June 26, Honor Terminal Co., Ltd. was approved for listing guidance by the Shenzhen Securities Regulatory Bureau, and CITIC Securities served as the guidance institution. If successfully listed, Honor is expected to become the first AI terminal ecosystem enterprise in the A-share market, reshaping the AI sector of the capital market. At present, Honor's "Alpha Strategy" for transformation to AI is accelerating, and the new generation of AI folding screen flagship mobile phone Honor Magic V5 is scheduled to be released on July 2. Honor continues to increase its investment in AI basic research and development, build an open ecological system, and has expanded to cutting-edge fields such as robots. As the listing process advances, its AI ecological synergy and strategic depth layout will reshape the competitive and cooperative relationship between consumer electronics and artificial intelligence industries.