Yu Chengdong: We are not considering launching models below 200,000 yuan

Huawei's executive director Yu Chengdong said that Hongmeng Zhixing's models below 300,000 yuan are basically making losses, and there is no consideration of launching models below 200,000 yuan for the time being, because it does not have the ability to achieve costs below 200,000 yuan for the time being.