According to public information, the leadership of Honor Terminal Co., Ltd. changed, and a number of senior executives stepped down on April 26, including Honor CEO Zhao Ming. In the face of the rumors that are boiling on the Internet, Zhao Ming responded to the news of "being left" untrue, and is still the CEO of Glory Company, and mobile phones and other businesses will continue to advance in 2022.
Zhao Ming said: The management team meeting was being held, and it was actually rumored that he had been "left" by the Internet. To clarify; I am still the director and CEO of Honor Terminal Co., Ltd., honor's business is growing at a high rate in Q1 year-on-year and month-on-month, and will continue to soar in 2022....
It is understood that Honor Terminal Co., Ltd. was established on April 1, 2020, and the legal representative is the former Huawei executive Wan Biao, most of whom are from the former Huawei leadership. On April 26, 2022, Honor Terminal Co., Ltd. underwent industrial and commercial changes. Public display information shows that Honor CEO Zhao Ming stepped down as general manager and director. Former executives Zhang Jing, Peng Qiu'en and many other executives withdrew from the company's management, leaving only chairman Wan Biao as the main manager of glory company.
It is precisely because of the change in industrial and commercial information that there will be rumors of "Zhao Ming leaving", and now I have publicly responded to the question, and the news should have been misunderstood in some links. In addition, Honor also had a rumor debunking on April 26, when it was reported that Honor was preparing to raise $45 billion (about 295 billion yuan) to go public, and then the official response was "45 billion US dollars is not true." However, Zhao Ming said in an interview with the media that shareholder and capital diversification is the proper intention of enterprises, and there can be more resources to help enterprises develop.
Most consumers do not know Zhao Ming himself, and at most they only see the host at the press conference. According to public information, Zhao Ming was born in 1973 and graduated from Shanghai Jiao Tong University with a master's degree in communication and electronic systems. He joined Huawei in March 1998 and has served as President of Huawei's CDMA/WiMAX/TD Product Line, Director of Global Wireless Solutions Sales Department, Representative of Italy Representative Office, and Vice President of Western Europe.
In 2015, Zhao Ming began to serve as the president of Honor, taking full responsibility for Honor's mobile phone and consumer-related businesses, when Honor was a sub-brand of Huawei. Fast forward to November 2020, Huawei decided to sell the glory business as a whole, and all of Huawei's businesses and main responsible executives were packaged for sale, the acquirer was Shenzhen Zhixin New Information Technology Co., Ltd., with Wan Biao as chairman and Zhao Ming as CEO.
In the past year and a half, Glory has experienced rollercoaster ups and downs, and the first six months of the company's establishment were still in the "darkness before dawn", with a domestic share of only about 3% at the lowest. In June 2021, the Honor 50 series was officially released, this mobile phone can be regarded as a turning point for Honor Company, and since then, sales have soared in the domestic market, and the third quarter successfully returned to the best state in history and became the mainstream.
Counterpoint released a research report showing that Honor has become the first domestic brand sales, The first Android platform sales and the second place in total sales with a market share of 17%, second only to Apple's 21% market share. In August last year, Zhao Ming publicly stated that he would strive to return to the first domestic sales in 12 to 18 months, and most people at that time were skeptical of this view, thinking that Zhao Ming might be "bragging", but Glory did it, and it only took four months.