Home >Technology peripherals >It Industry >Huawei announces: it will not participate in real estate business
According to news from this website on August 12, Huawei officially issued a statement: Dongguan Tangya Industrial Investment Co., Ltd. is mainly responsible for the construction and management of supporting talent housing functions for Huawei’s tens of thousands of employees in the park. does not operate real estate business to the outside world.
This site attaches a brief summary: Dongguan Tangya Industrial Investment Co., Ltd. was established on August 3 with a registered capital of 1.5 billion yuan, The business scope includes housing leasing; non-residential real estate leasing; park management services; and engineering management services, which is 100% wholly-owned by Huawei Investment Holdings Co., Ltd.
There are rumors on the Internet that Huawei will "enter real estate" and establish a real estate company. It is worth mentioning that Huawei’s rotating chairman Guo Ping mentioned at the 2021 symposium that although the whole-house smart business has enabled Huawei to establish a relationship with the real estate industry, but Huawei will not engage in the real estate business.
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