➀ Changan Automobile announces the acquisition of a 10% stake in Huawei's CarBU for 11.5 billion yuan. ➁ After the transaction, Huawei retains a 90% stake in CarBU, while Avatr Technology holds 10%. ➂ The newly established CarBU, less than a year old, has a valuation of 115 billion yuan. ➃ The deal aims to strengthen Avatr Technology's partnership with Huawei and accelerate Changan's transformation into a smart, low-carbon mobility tech company. ➄ Huawei's car business operates under three models: parts supply, Huawei Inside (HI), and Huawei's Smart Selection, with the latter being the most collaborative.