Group 1 - Zhao Ming, former CEO of Honor, has been appointed as the co-chairman of Qianli Technology, focusing on advancing AI business models while the current chairman, Yin Qi, will concentrate on AI technology development strategies [1][2] - Qianli Technology, previously known as Lifan Technology, is led by Yin Qi and focuses on "AI + vehicles," aiming to create a global smart mobility technology brand with core businesses in terminal and technology sectors [2] - In the first three quarters of 2025, Qianli Technology reported revenue of 6.946 billion yuan, a year-on-year increase of 44.27%, and a net profit attributable to shareholders of 53.2794 million yuan, up 33.37% [5] Group 2 - The company is undergoing amendments to its articles of association, including the structure of its board of directors, which will consist of twelve members, including four independent directors and one employee representative [2] - Zhao Ming's previous experience includes serving as the president of Huawei's Honor business and CEO of the new Honor after its sale by Huawei, where he established a foundation for AI in mobile phones [2][3] - The entry of Zhao Ming into Qianli Technology raises questions about whether he can accelerate the profitability of the company's AI business, which has yet to achieve a scalable profit model [5]