Who owns Luxeed? The ownership chain, Chery Automobile Co., Ltd.'s stake and the 2026 deal
Facts checked Chinese holding 100%
Luxeed is Chinese. It is a Chery brand developed with Huawei, which supplies the software, cockpit and driver-assistance systems and much of the sales network. Both partners are Chinese, so there is no foreign ownership in it.
Chery Automobile holds 85% of Luxeed Auto. Two Wuhu investment partnerships holding shares for managers took 7.5% each; they are controlled by Guo Rui (40%), Zhao Changjiang (30%) and Zhu Xiaodong (30%).
The short answer
| Controlled by | Chery Automobile Co., Ltd. |
|---|---|
| Stake | 85% |
| Since | 2026 |
| Kind | brand |
| Origin | CN |
| Name in Chinese | 智界 “jrr-JYEH” |
| Top of the chain | Wuhu municipal government (Wuhu SASAC) |
| Is it Chinese? | Yes |
The chain, step by step
Wuhu municipal government (Wuhu SASAC) holds a stake in Chery Automobile Co., Ltd. at 21.17% since January 2025.
The Wuhu city government holds its Chery shares through Wuhu Investment Holding Co., Ltd., which is 95.59% owned by the city's state-asset commission. It became a direct holder of 21.17% of Chery Automobile in January 2025 and was diluted by the September 2025 share issue; the largest holder is shown at about 19.9% in later data. Chery told the Hong Kong exchange that no single party is able to control the company.
Chery Automobile Co., Ltd. owns Luxeed at 85% since 2026.
Chery Automobile holds 85% of Luxeed Auto. Two Wuhu investment partnerships holding shares for managers took 7.5% each; they are controlled by Guo Rui (40%), Zhao Changjiang (30%) and Zhu Xiaodong (30%).
Former owners
Holdings that have ended. They are here because the story needs them and are never part of the current tree.
Chery Automobile Co., Ltd. formerly held Luxeed at 100% from November 2023 until 2026.
Chery owned all of Luxeed from the brand's announcement in November 2023 until the 2026 management buy-in reduced it to 85%.
| Holder | Holds | Kind | Stake | Since |
|---|---|---|---|---|
| Wuhu municipal government (Wuhu SASAC) | Chery Automobile Co., Ltd. | holds a stake in | 21.17% | January 2025 |
| Chery Automobile Co., Ltd. | Luxeed | owns | 85% | 2026 |
Other recorded holdings in Luxeed
Holdings that are not control, kept out of the chain above so that nothing on this page reads as ownership when it is not. A joint venture is a company two parents built together: its percentage is a share of the venture, not a holding in the partner. The same pair can appear twice with different kinds, and both rows are real.
| Holder | What it is | Share | Since | What the source says |
|---|---|---|---|---|
| Huawei Technologies Co., Ltd. | licenses the name to | not published | November 2023 | Huawei has no equity in Luxeed. It supplies the driver-assistance system, the HarmonyOS cockpit, design and marketing input and retail space through its Harmony Intelligent Mobility Alliance, and Chery and Huawei signed a Luxeed Brand Strategy 2.0 agreement in August 2025 covering more than CNY 10bn of investment and a 5,000-person engineering team. Huawei has repeatedly said it does not build cars. |
Luxeed: questions people ask
- Does Huawei own Luxeed?
- No. Huawei supplies the software, electronics, design input and showroom space through its Harmony Intelligent Mobility Alliance, but it holds no shares in Luxeed. Chery Automobile owns 85% and management partnerships the rest.
- Who makes Luxeed cars?
- Chery, in China. Luxeed is a Chery brand; Huawei is a technology and sales partner, not the manufacturer.
- What does Luxeed mean in Chinese?
- The Chinese name is 智界 (Zhìjiè), 'intelligent world'. The 界 character also appears in Huawei's other partner brands: 问界 AITO, 享界 Stelato and 尊界 Maextro.
- Is Luxeed sold outside China?
- No. Huawei's alliance sells only in mainland China.
Related
Sources for Luxeed
- Gasgoo, Chery Automobile 2025 full-year sales exceed 2.63 million vehicles, up 8%. Read .
- Gasgoo, Luxeed Auto Equity Change, Chery No Longer Holds 100% Stake. Read . Published 1 July 2026. The 85/15 split, the two 7.5% Wuhu partnerships, and the August 2025 Brand Strategy 2.0 agreement with Huawei.
- Wikipedia, Luxeed. Read . Finding aid for the November 2023 announcement, the January 2025 separation and the model list.
- Wikipedia, Harmony Intelligent Mobility Alliance. Read . Finding aid for what Huawei supplies and the China-only footprint.
- Wikipedia, List of automobile manufacturers of China. Read . Chery Automobile's brand portfolio.
- 中国基金报 (China Fund News), 奇瑞IPO迷局 (Chery's IPO puzzle). Read . Published 2 March 2025.
- Wikipedia, Chery. Read . Finding aid for the post-listing figure of about 19.9%; not verified against a filing.