余承东升了，孟晚舟退出！

Core Viewpoint - Huawei Terminal Co., Ltd. has appointed Yu Chengdong as the new chairman, succeeding Guo Ping, with other key executives also stepping down from the board, indicating a significant leadership change within the company [1][3]. Group 1: Leadership Changes - Yu Chengdong has taken over as chairman of Huawei Terminal Co., Ltd., which was established in November 2012 and has a registered capital of 606 million RMB [1]. - This leadership transition consolidates Yu Chengdong's control over Huawei's core business areas, including smartphones, automotive, and AI [3]. Group 2: Business Performance - The automotive sector, previously identified by Yu Chengdong as the "only loss-making business," is projected to turn profitable in 2024, with a net profit margin expected to reach 21.38%, becoming a key growth driver for Huawei Terminal [5]. - The company aims to launch 12 new vehicles under the Hongmeng Intelligent Driving brand within a year, expanding its offerings to cover a price range of 150,000 to 800,000 RMB, including a luxury model [8]. Group 3: Strategic Goals - Yu Chengdong has set an ambitious target to exceed 800 million devices in the Hongmeng ecosystem by 2026, focusing on smart home and industrial applications, which aligns with the vision of a fully interconnected world [6]. - The shift in Yu Chengdong's approach from making bold statements to emphasizing attention to detail reflects a commitment to quality and user satisfaction, particularly in the context of the automotive business [8][10].