Huawei declares that it will not engage in real estate business.

Thanks CTOnews.com net friend not worry about the past, aviation gentleman, South China Wu Yanzu clue delivery! CTOnews.com August 12 news, Huawei official issued a statement: Dongguan Tangya Industrial Investment Co., Ltd., mainly responsible for the construction and management of Huawei tens of thousands of employees of the park supporting talent housing functions, not to operate real estate business.

CTOnews.com Previously: Dongguan Tangya Industrial Investment Co., Ltd. was established on August 3 with a registered capital of 1.5 billion yuan. Its business scope includes housing leasing; non-residential real estate leasing; park management services; engineering management services. Huawei Investment Holdings Co., Ltd. is 100% wholly owned.

There are rumors on the Internet that Huawei will "enter real estate" and set up a real estate company. It is worth mentioning that Guo Ping, Huawei's rotating chairman, mentioned at the 2021 symposium that although Huawei's all-house smart business has established a relationship with the real estate industry, Huawei will not engage in real estate business.