AutoBeta(AutoBeta.net)05/24 Report--

Although Huawei has publicly clarified many times that it will not build cars, but will help car companies build good cars, rumors have been circulating in the market that Huawei is making cars and taking a stake in the automobile manufacturing industry. On May 24, Huawei issued a statement: we reiterate that Huawei does not build cars. This long-term strategy has been clear since 2018 and there has been no change. We believe that what the industry needs is not Huawei-branded cars, but the ICT technology capabilities that Huawei has accumulated over the past 30 years to help car companies build future-oriented cars, that is, to provide intelligent Internet-connected auto parts based on Huawei's ICT capabilities.

So far, we have not invested in any car companies. In the future, it will not invest in any car companies, let alone hold or participate in shares. In the future, any talk about Huawei making cars or taking a stake in the automobile manufacturing industry is a rumor, so don't believe it. We have selected BAIC, Changan and Guangzhou Auto as strategic partners to support them in building their respective sub-brands. Cars that use Huawei's self-driving solution can only use the HI logo, which stands for Huawei Inside, when authorized by Huawei. Huawei is a supplier of electric parts and HiCar cockpit components to Cyrus SF5 for its partnership with Jinkang Selis, a subsidiary of Chongqing Xiaokang Group. At the same time, in order to solve the problem of survival of Huawei's authorized mobile phone retailers in the face of a sharp decline in Huawei's mobile phones, Huawei is supporting some retail stores to sell the car, which can make a corresponding profit.

Affected by the news, "Huawei Automobile concept stocks" well-off shares, Changan Automobile, GAC GROUP, BAIC Blue Valley share prices fell sharply across the board. By the close of trading on May 24, Xiaokang shares fell 6.02%, GAC GROUP fell 4.32%, BAIC Langu and Changan Motor both fell by the limit.

On the eve of the opening of the Shanghai auto show, the BAIC polar fox ARCFOX brand brought the ARCFOX α S Huawei HI version, which is in close cooperation with Huawei, with an advance price of 38.89-429900 yuan. It is understood that the model is equipped with Huawei self-driving technology, equipped with Huawei smart car solution, integrated Huawei intelligent high-order autopilot system, Hongmeng OS Smart + connected cockpit and so on. This model represents Huawei's highest level of self-driving at present.

At the Shanghai auto show, Huawei unveiled the smart SF5, Huawei's first smart car, which is positioned as a high-performance electric-drive coupe SUV, with two-wheel-drive and four-wheel-drive models priced at 216800 yuan and 246800 yuan, respectively. Thanks to the participation of Huawei, the popularity of Cyrus Huawei's smart selection of SF5 has gone up, ordering more than 3000 cars in two days, and the stock price has also triggered the limit many times. According to statistics, the share price of Xiaokang shares has risen 85% since April 19.

On May 20, Changan Automobile holding subsidiary Changan Ulai New Energy Automobile Technology Co., Ltd. changed its name to Avita Technology Co., Ltd. The information bulletin indicates that Avita Technology will work with Changan Automobile, Huawei and Ningde era to create high-end intelligent electric vehicles. In the next five years, Avita will launch five models based on the CHN architecture, among which the model code-named E11 positioning medium-sized SUV will be equipped with Huawei HI smart car solution and will be on the market soon. In addition, Avita does not rule out independent IPO, but the independent IPO plan is uncertain.

As for GAC GROUP, there is not much news about the new high-end smart car brand jointly built by Huawei and GAC GROUP.

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