Core Insights - Huawei is building a robust smart connected vehicle ecosystem through its "QianKun" intelligent automotive solution, without manufacturing cars itself [1] - The "2025 Huawei QianKun Ecosystem Conference" showcased new brands like "Yijing" and "Qijing," alongside existing partnerships with brands such as Avita and Audi, enhancing Huawei's automotive ecosystem [1] - Huawei's QianKun intelligent driving solution has captured over 50% market share in the high-end segment priced above 350,000 yuan, with cumulative assisted driving mileage exceeding 5.8 billion kilometers [1][7] Market Performance - As of October, Huawei's QianKun intelligent driving system (ADS) has become the preferred choice for users, with key metrics leading the domestic market: 5.81 billion kilometers of assisted driving, 20 million instances of parking assistance, and a monthly active user rate of 95.2% [7] - The market share for urban navigation assistance (NCA) in the ADS segment reached 27.8%, surpassing the combined share of the second and third competitors, while the share in the luxury segment (over 350,000 yuan) stands at 52.7% [7] Product Development - Huawei's QianKun ADS Pro's urban navigation assistance feature will be available for models priced at 150,000 yuan and above starting in 2024, with over 20 new models expected to support this feature [8] - The new brand "Yijing," developed in collaboration with Dongfeng Motor, was officially announced at the conference, with the first model set to debut at the Beijing Auto Show in April 2024 [10][11] Strategic Partnerships - The partnership between Huawei and Dongfeng, which has lasted 15 years, aims to create a vehicle that exceeds user expectations and integrates seamlessly into daily life [10] - The "Qijing" brand, developed in collaboration with GAC Group, is positioned as a high-end smart electric vehicle brand, with two models expected to launch in 2026 [11]

Core Viewpoint - Xpeng Motors' stock has seen a short-term increase of over 3% following the announcement of a strategic partnership with Huawei's QianKun Intelligent Automotive Solutions, set to be officially revealed at a press conference on June 5 [1] Group 1 - Xpeng Motors' stock price rose more than 3% in the short term [1] - The strategic cooperation with Huawei is expected to enhance Xpeng's automotive solutions [1] - The official announcement of the partnership will take place on June 5 [1]

4月27日，华为乾崑智能汽车解决方案官方微博发布《智能辅助驾驶安全倡议》。 2024年，新能源汽车年产量突破1300万辆，智能辅助驾驶技术不断发展，带来的安全话题引起社会广泛 关注。 这份倡议是由华为智能汽车解决方案BU、中国汽车技术研究中心，以及来自广汽集团、上汽集团、江 汽集团、奥迪中国、东风猛士科技、岚图汽车、深蓝汽车、北汽新能源、阿维塔科技、赛力斯汽车、奇 瑞汽车等11家车企的重量级代表共同发起。 "我们愿与全行业一道，以安全为灯塔，照亮技术前行的每一步。"倡议书提到。 在倡议书上署名的11家汽车品牌不仅包含了华为鸿蒙智行旗下"五界"合作方，还有采用华为乾崑ADS驾 驶辅助系统的合作车企，其中不仅包括中国品牌，也有奥迪这样的全球豪华汽车开发商和制造商。 华为联合相关方面围绕技术先行、营销透明、用户为本、标准共建等方面一共提出四条倡议，具体包括 "完善以安全第一为核心的车规安全保障体系""让用户清晰地知道和理解各自车型的真实能力""推出'智 能辅助驾驶安全训练营'""不断提升和完善安全标准" 等内容。 华为携手有关方面强调，将率先构建以"全时速、全方向、全目标、全天候、全场景"为目标的安全底 座，持续提 ...

Core Insights - Huawei's 2024 annual report shows a global sales revenue of 862.1 billion RMB, with a net profit of 62.6 billion RMB, aligning with expectations [1] - The company invested 179.7 billion RMB in R&D, accounting for 20.8% of total revenue, with cumulative R&D expenses exceeding 1.249 trillion RMB over the past decade [1] Financial Performance - Revenue increased by 22.4% year-on-year, marking the largest annual growth since U.S. sanctions, approaching the historical peak of 891.3 billion RMB in 2020 [2][3] - Operating profit was 79.4 billion RMB, a 63% increase compared to the adjusted figure of 48.5 billion RMB from 2023, excluding the impact of the sale of Honor [3] - Operating cash flow for 2024 was 88.4 billion RMB, up 26.7% from 2023 [3] Regional Revenue Breakdown - Revenue from China reached 615.3 billion RMB, a 30.5% increase, while other regions showed slight growth [4] - The Middle East and Africa contributed 148.4 billion RMB, up 2.1%, and the Americas saw a 2.7% increase to 36.3 billion RMB [4] Business Segment Performance - ICT infrastructure business grew by 4.9%, while terminal business surged by 38.3% [5][6] - Cloud computing revenue increased by 8.5%, and digital energy business grew by 24.4% [5][6] - The smart automotive solutions segment experienced a remarkable growth of 474.4% [5] Strategic Developments - Huawei's ICT infrastructure is influenced by major clients, with a projected 9.12% decrease in capital expenditure from Chinese telecom operators for 2025 [6][7] - The company is focusing on AI-driven investments and has expanded its 5G network coverage to 126 countries, with over 2.1 billion global 5G users [7][8] Cloud Computing Growth - Huawei Cloud achieved sales revenue of 68.8 billion RMB, a 24.4% increase, with overseas public cloud revenue growing over 50% [11] - The Ascend AI cloud services saw a sixfold increase, reflecting the rising demand for AI capabilities [11] Terminal Business Recovery - The terminal business contributed significantly to overall revenue growth, with a recovery in the Chinese market leading to a resurgence in smartphone sales [13] - The HarmonyOS 5 upgrade and the expansion of the Harmony ecosystem have been pivotal in regaining market share [13][14] Smart Automotive Solutions - The smart automotive solutions segment has entered a high-growth phase, with over 15 collaborative models launched and significant sales achievements [15][16] - The business has achieved profitability for the first time, indicating a successful market strategy [15] Digital Energy Initiatives - Huawei's digital energy division focuses on renewable energy and electric transportation, contributing to significant reductions in carbon emissions [17][18] - The company has deployed over 50,000 ultra-fast charging stations across various regions, enhancing its infrastructure for electric vehicles [18]