Nov. 10 — BAIC Group chairman Zhang Jianyong led a delegation to Shenzhen for
talks with Huawei founder Ren Zhengfei and senior Huawei executives. The parties
reviewed years of collaboration and said BAIC’s luxury manufacturing and
Huawei’s intelligent-vehicle technology have produced early success with the
Xiangjie auto line. They agreed to deepen strategic cooperation and step up
investment in the Xiangjie brand, focusing on user experience to pursue
differentiated positioning as a Chinese luxury marque. Other strategic
cooperation items were discussed.