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Equity Bottom-Up

<ul><li>Another of China’s major state-owned automakers is expanding its collaboration with Huawei Technologies Co. Ltd., as legacy carmakers increasingly turn to the tech giant for an edge in the smart vehicle race.</li><li>Dongfeng Motor Group Co. Ltd. Chairman Yang Qing on Monday met with Huawei founder Ren Zhengfei, stating that Dongfeng will pursue comprehensive cooperation with Huawei in areas such as corporate management, product design, smart technologies and marketing, according to a Sept. 23 company statement.</li><li>Several of Dongfeng’s brands, including Voyah, eπ and M-Hero, have already integrated Huawei’s systems into their vehicles.</li></ul>

Another of China’s major state-owned automakers is expanding its collaboration with Huawei Technologies Co. Ltd., as legacy carmakers increasingly turn to the tech giant for an edge in the smart vehicle race.Dongfeng Motor Group Co. Ltd. Chairman Yang Qing on Monday met with Huawei founder Ren Zhengfei, stating that Dongfeng will pursue comprehensive cooperation with Huawei in areas such as corporate management, product design, smart technologies and marketing, according to a Sept. 23 company statement.Several of Dongfeng’s brands, including Voyah, eπ and M-Hero, have already integrated Huawei’s systems into their vehicles.

China’s State-Owned Auto Giants Turn to Huawei in Smart Car Race 