Huawei Smart Car Solutions August 26, 2024 23:10
[Shenzhen, China, August 23, 2024] Cyrus Group and Huawei have signed an investment framework agreement to deepen their strategic cooperation and promote investment in Cyrus Automotive. Through this agreement, Cyrus will acquire a 10% stake in Shenzhen Yinwang Intelligent Technology Co., Ltd., working alongside Huawei and other strategic partners to support the company’s future development. Key attendees at the signing ceremony included Zhang Xinghai, Chairman of Cyrus Group, He Liyang, President of Cyrus Automotive, and Huawei’s Xu Zhijun and Yu Chengdong.
Source: Huawei Smart Car Solutions (August 26, 2024 23:10)
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