China News Agency, Beijing, May 24 (Reporter Liu Yuying) Huawei issued a statement on the 24th that Huawei does not build cars or invest in car companies.

This long-term strategy was clear in 2018, and nothing has changed.

　　Huawei stated that what the industry needs is not Huawei branded cars, but Huawei’s accumulated ICT technology capabilities for more than 30 years to help car companies build future-oriented cars, that is, to provide car companies with intelligent networked cars based on Huawei’s ICT capabilities. part.

　　Prior to this, Huawei selected three car companies, BAIC, Changan and Guangzhou Automobile, as strategic partners to support them in building their respective sub-brands.

Cars that use Huawei’s autonomous driving solution can only use the HI logo with Huawei’s authorization, which represents Huawei Inside.

　　Huawei has repeatedly stated that it will not stop building cars, but rumors of building cars have appeared from time to time.

Recently, there have been reports that Huawei is trying to acquire the electric vehicle division of local automakers, including seeking to control the electric vehicle brand of BAIC Blue Valley New Energy Technology-Arcfox ARCFOX.

　　There are also rumors that Huawei is negotiating with Xiaokang shares to acquire a controlling stake in Chongqing Jinkang New Energy Automobile. This move will enable Huawei to manufacture smart cars with its own brand.

　　"So far, we have not invested in any car companies. In the future, we will not invest in any car companies, let alone holding or participating in shares. From now on, all discussions that Huawei builds cars or participates in the auto manufacturing industry are rumors. Don't be credulous. ", Huawei said.

　　Huawei also explained its cooperation with Jinconcelis, a subsidiary of Chongqing Xiaokang Group.

Huawei is a supplier of electric components for Cyrus SF5 and HiCar cockpit components.

At the same time, in order to solve the problem of survival of Huawei authorized mobile phone retail stores in the case of a significant reduction in Huawei mobile phones, Huawei supports some retail stores to sell this car, and the retail stores can obtain corresponding benefits.

　　On the same day, Changan Automobile's stock fell by its limit, BAIC Blue Valley fell by its limit, and Xiaokang shares fell 6%.

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