Financials, Automotive Dec 31, 2021 01:39 PM (GMT+8) · EqualOcean
In response to the recent rumor that "Cyrus is Huawei's OEM", Xiaokang shares denied it on December 31 and responded that Cyrus under Xiaokang shares is Huawei's long-term partner, not a OEM. Relevant people of Xiaokang shares said that from the production and manufacturing of the newly launched AITO M5 model to the whole value chain of user vehicles, Thales is responsible for R & D, manufacturing, delivery, service and creating a vehicle experience in the whole life cycle, while Huawei is deeply involved in product definition, quality control and channel sales.

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