BAIC Group's Zhang Jianyong Holds Talks with Huawei's Ren Zhengfei and Other Senior Executives, Both Sides to Further Deepen Strategic Cooperation

On November 12, 2026, BAIC Group issued a statement: On November 10, Zhang Jianyong, Party Secretary and Chairman of BAIC Group, led a delegation to Shenzhen for talks with Huawei founder Ren Zhengfei and senior Huawei representatives. The two sides exchanged views on further deepening their strategic cooperation. During the talks, both sides reviewed the achievements and experience of cooperation between BAIC and Huawei. They stated that they will further deepen strategic cooperation, continue to increase investment centered on user experience, and jointly build Stelato into a luxury brand in China. The two sides also discussed other strategic cooperation matters. According to the statement, the Stelato brand has completed its strategic layout across the full market segments of sedans, wagons, SUVs, and MPVs. In addition, BAIC's Arcfox and Beijing Off-road brands also cooperate with Huawei.