Huawei establishes wholly-owned subsidiary Beijing Yinwang Intelligent Technology Co., Ltd.

Huawei recently established a new wholly-owned subsidiary, Beijing Yinwang Intelligent Technology Co., Ltd. The company was established on February 20 with a registered capital of RMB 100 million and is wholly owned by Huawei. Beijing Yinwang's main business scope includes the research and development, manufacturing and remanufacturing of automotive parts, the manufacturing of intelligent vehicle-mounted equipment, the integration services of artificial intelligence industry application systems, the development of artificial intelligence basic software and theoretical and algorithm software, and the manufacturing of general parts.