➀ Wan Biao, the Deputy Chairman of Honor, has resigned from his position due to personal reasons; ➁ Wan Biao has a background in Huawei, where he held several senior management roles before joining Honor in 2020; ➂ Honor plans to go public through an IPO, aiming to attract diverse capital and optimize its equity structure; ➃ Wan Biao's departure will not affect the normal operation of the company, and he is rumored to be considering joining Shenzhen Xin Kailai Technology Co., Ltd.