Re-cooperation! Avita contributes $11.5 billion, becomes Huawei Citation's second largest shareholder
Hawk News
2024-08-21 17:19:53
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On August 20, Changan Automobile's Avita Technology (Chongqing) Co., Ltd. announced that it had invested in Huawei's Shenzhen Citation Intelligent Technology Co., Ltd. to complete the signing of the agreement, and Avita Technology formally became the second day of Huawei's Citation shareholders.
This transaction Avita capital amounted to 11.5 billion yuan, after this transaction, Avita Technology on the cited look for the proportion of 10%, Huawei's shareholding in the cited look for the proportion of 90%.
Avita Technology aggregates the advantages of Changan Automobile, Huawei and Ningde Times to jointly build.
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