张建勇 of BAIC Group and 任正非 of Huawei Hold High-level Talks: Firmly Deepening Strategic Cooperation, Increasing Investment in the Stelato Brand
IT Home, November 12: BAIC Group said in a post today that on November 10, 张建勇, Party Secretary and Chairman of BAIC Group, led a team to Shenzhen for talks with Huawei founder 任正非 and senior Huawei representatives, where the two sides held in-depth exchanges on further deepening strategic cooperation.

According to the press release, during the talks the two sides reviewed the results and experience accumulated over years of cooperation between BAIC and Huawei, and said that Stelato, which combines BAIC's luxury car-making experience with Huawei's advantages in intelligence, has already achieved a certain degree of success.
IT Home has learned that the two sides said they will continue to uphold the cooperation philosophy of "sharing weal and woe and moving forward side by side," further deepen their strategic cooperation, keep increasing investment around user experience, build good cars for users, achieve differentiated breakthroughs, and jointly turn Stelato into a Chinese luxury brand. The two sides also discussed other matters of strategic cooperation.
According to the introduction, the Stelato brand has already taken the lead in completing its strategic layout across the sedan, wagon, SUV and MPV markets, entering a new stage of multi-category coordinated growth. In addition, BAIC's ARCFOX and Beijing Off-road brands have also maintained close cooperation with Huawei.
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