Huawei set up a real estate company with 1.5 billion yuan. People familiar with the matter: only internally, not externally.

CTOnews.com August 7 news, industrial and commercial information shows that Huawei recently established Dongguan Tangya Industrial Investment Co., Ltd., with a registered capital of 1.5 billion yuan, mainly engaged in housing leasing, non-residential real estate leasing, park management services and so on.

According to the Securities Times, in this regard, people familiar with the matter said that the company is mainly responsible for the construction and management of talent rooms in the park, without the attribute of expanding the real estate business.

CTOnews.com noted that on June 27 this year, Wang Wenting, director of Huawei China Commercial Real Estate solution, said at the Fifth China Commercial Real Estate Brand value Forum that Huawei hopes to provide more construction to the construction real estate industry through its own products and joint partners, and the vision is to build a beautiful and smart future. Wang Wenting said Huawei serves a number of commercial real estate customers and has so far served more than 200 commercial real estate customers.