Changan Automobile and Huawei comprehensively upgraded their strategic cooperation and Huawei and Avita Technology signed an investment prospecting agreement

The comprehensive strategic cooperation between Huawei and Changan Automobile and the signing ceremony of Avita Investment Introduction Company were successfully held in Chongqing. Chen Xinwu, member of the Standing Committee of the Chongqing Municipal Party Committee and Executive Deputy Mayor of the Municipal Government, Zhu Huarong, Chairman and Party Secretary of Changan Automobile, Wang Jun, President of Changan Automobile, Xu Zhijun, Rotating Chairman of Huawei, Yu Chengdong, Managing Director of Huawei, Chairman of Terminal BG, and Chairman of Smart Car Solutions BU Waiting to attend the event.

According to the agreement, Changan Automobile and Huawei will comprehensively upgrade their cooperation in the fields of brand and ecology, cloud and AI technology, green energy, and industrial chain cooperation. Strategic cooperation will give full play to the advantages of both parties and promote industrial upgrading and development.

In addition, Avita Technology will officially invest in Yinwang Intelligent Technology Co., Ltd., accounting for 10% of the shares, and jointly support the future development of the company with Huawei.

At the signing ceremony, Zhu Huarong said: "Avita's investment in the company fully reflects the strategic intention of Changan Automobile. As Changan's new leader As the most important carrier of brand strategy, Avita represents the company's high-end development direction. Changan supports Avita to become the first company to invest in the company, in order to build it into an 'open platform for joint participation in the automobile industry'. A vivid case.”

Xu Zhijun said: “Avita is Huawei’s pioneering practice in helping car companies ‘build good’ cars and make ‘good cars’. Yinwang, becoming a strategic investor in Yinwang, is a key step for Huawei to build Yinwang into an intelligent open platform for the automotive industry. Yinwang will continue to open equity to strategic partners in the future, and work together to promote the rise of the automotive industry and the comprehensive development of intelligence. At the same time, Yinwang will operate based on market-oriented principles in the future and provide products and services to all customers in accordance with the principles of fairness, openness, and win-win." Yu Chengdong said: "Huawei will continue to support Yinwang in all aspects. Create leading products and technologies to become a leader in intelligent automotive components and solutions. At the same time, we will fully support Avita to become a leading high-end intelligent electric brand.”

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