Huawei won a big order? China Mobile will purchase 1.2 million mobile phones and 300,000 bracelets, and petal payment has also been approved

Source: Time Weekly Author: Guo Meiting

Huawei Mate 60 series sales have continued to be hot since they went on sale, and the terminal has continued to have good news.

Recently, China Mobile and bidding network information showed that China Mobile will purchase five mobile phones such as Huawei Mate 60 from Huawei Terminal Company with a total of 1.2 million units. On October 17, when the Times reporter asked China Mobile about the flow and source of these mobile phones by phone, he received a response that no relevant information had been obtained.

As for whether the other two operators have similar procurement plans, China Telecom and China Unicom both said that they "have not received relevant information, and you can pay attention to the company's announcement in the future".

At present, the Huawei Mate 60 series is still in short supply. Earlier, Yu Chengdong, executive director of Huawei and CEO of Terminal BG, responded that Huawei was working overtime for emergency production.

While Huawei's mobile phone sales are rising, Huawei Online Payment has also ushered in new progress in recent days, and its payment company has been renamed "Petal Pay" with the approval of the central bank. It is understood that behind this move is that Huawei is accelerating the construction of Hongmeng ecological infrastructure. Huawei Pay is the underlying infrastructure of the Harmony ecosystem, and by deeply integrating payment capabilities with the Harmony ecosystem, Huawei developers and partners can directly complete business closed-loop in the Harmony ecosystem.

Got a million orders?

China Mobile and Bidding Network announced on October 12 that China Mobile Communications Group Terminal Co., Ltd. recently purchased five mobile phones, including Huawei Mate 60 Equity Edition, from Huawei Device Co., Ltd., with a demand of 1.2 million units. The announcement is valid for 3 days from the date of publication and has expired as of press time. On October 16, a reporter from the Times Weekly called the contact number of the announcement and was told that "the phone has been shut down."

China Mobile purchased Huawei Mate 60 equity version and other 5 mobile phone project announcement, source: screenshot from China Mobile and bidding network

In fact, as early as September, it was reported that China Mobile, China Telecom and China Unicom, the three major domestic operators, are expected to collectively purchase one million Huawei Mate 60 series mobile phones. However, at that time, none of the three major operators commented.

On the same day, China Mobile also announced that it would purchase about 300,000 Huawei bracelets from Huawei Terminal Company.

China Mobile procurement Huawei bracelet 8 project announcement, source: screenshot from China Mobile and bidding network

On China Mobile and the bidding network, there have also been a number of procurement announcements about Huawei's Mate 50 series mobile phones. But the number of purchases is in the hundreds and thousands, and the million level is small.

According to the starting price of Huawei Mate 60 (12GB+256GB) of 5499 yuan / unit, the value of 1.2 million Huawei Mate 60 series mobile phones is about 6.6 billion yuan. However, according to the announcement, 1.2 million mobile phones include 5 mobile phones, and according to the Securities Times, the remaining 4 models include Mate 60 Pro and Mate 60 Pro+.

The Times reporter saw in the mall of China Mobile APP that Huawei Mate 60 and Mate 60Pro are on sale. Among them, Huawei Mate 60 can be purchased directly except for some memory or color combinations; The Mate 60Pro is out of stock. China Unicom APP only launched Mate 60 Pro, and all showed that it was out of stock, and there was no Mate 60 series for sale in China Telecom's APP.

China Mobile APP Mall Huawei Mate 60 series online, source: screenshot from China Mobile APP

Fu Liang, an independent telecommunications analyst, told the Times reporter that China Mobile is a channel provider, who sells mobile phones, and how much can be sold depends on user preferences. In 2020 and 2021, the 5G terminal shopping festival held at the same time as the China Mobile Partner Conference, the top two signed mobile phone sales (OPPO, vivo) exceeded 10 million. However, Fu Liang also mentioned that procurement does not represent one-time delivery, and Huawei may not yet have this capability.

Continue to detonate the supply chain

At the end of August this year, Huawei Mate 60 Pro was not sold as never before, and Mate 60 series mobile phones ushered in a phenomenal rush to buy. Up to now, the Mate 60 series mobile phone is still in a difficult state of finding a machine. Earlier, Yu Chengdong, executive director of Huawei and CEO of Terminal BG, responded that Huawei was working overtime for emergency production.

Recently, many institutions, including China Merchants Electronics, Tianfeng International and other institutions, have released forecast reports on the sales or shipments of Huawei mobile phones, and the data is more than 50 million or even 60 million.

For example, China Merchants Electronics said in a recently released research report: "Based on supply chain tracking, the inventory of core components of the Mate 60 series in 2023 is expected to exceed 8 million, and we judge that the terminal shipments of the Huawei Mate 60 series are expected to reach 6 million in 2023, and the overall sales volume of Huawei mobile phones is expected to reach 40 million (including Nova and other series). Based on market demand trends and supply chain capacity, we judge that Mate/P series shipments are expected to approach 20 million in 2024, and overall Huawei mobile phone sales are expected to reach 50-60 million in 2024. ”

Previously, the Securities Daily quoted people close to Huawei as saying that Huawei will raise the smartphone shipment target for next year, and Huawei will set the smartphone shipment target for 2024 at 60 million to 70 million units, a significant increase from 30 million units in 2022.

Huawei Mate 60 series sells explosive supply chain, Tianfeng International analyst Guo Mingxi said that looking forward to 2024, it is expected that Huawei's component procurement will be 30 million to 40 million units.

Benefiting from this, A-share Huawei concept stocks have continued to be active in recent days. From the listing day of Huawei Mate 60 to press time, Hua Ying Technology (000536) range increased by about 139%, Jiirong Technology (002855) range increased by about 334%, Guanghong Technology (300735) range increased by about 96%, and Holitech (002217) range increased by about 24%.

Petal payment approved

Huawei's payment business has also ushered in new progress in recent days. On October 13, People's Bank of China updated the license information for major matters of non-bank payment institutions, and agreed to change the name of Shenzhen Xunlian Smart Payment Network Co., Ltd., a payment institution under Huawei, to "Petal Payment (Shenzhen) Co., Ltd."

Xunlian Smart Pay is a payment company under Huawei. In March 2021, Xunlian Smart Pay underwent industrial and commercial changes, Shanghai Vorio withdrew from the shareholders, and Huawei Technologies Co., Ltd. became the sole shareholder of Xunlian Smart Pay and won the third-party payment license.

Huawei Pay mainly provides individual users with services such as balance payment, bank card payment, red envelope, recharge, and cash withdrawal. And quickly integrate payment capabilities for enterprise users, provide services such as fund settlement, automatic account distribution, and marketing empowerment.

At present, more than 90% of the market share of the domestic payment market has been occupied by WeChat Pay and Alipay. Previously, Ma Chuanyong, president of Huawei Terminal Cloud Service Payment Business Group, responded to the media: Huawei Pay is not a competitive relationship with WeChat Pay and Alipay, they are all partners of Huawei, and Huawei Pay is currently mainly focusing on user experience innovation and improvement, positioning itself as an innovative all-scenario payment platform.

He pointed out: "Huawei Pay is the underlying infrastructure of the Hongmeng ecosystem, and by deeply integrating payment capabilities with the Hongmeng system, Huawei developers and partners can directly complete the business closed loop in the Hongmeng ecosystem. ”