On September 29, 2025, Huawei made a significant move by appointing Yu Chengdong as the Director of the Product Investment Review Board (IRB). The appointment document for this position was duly issued by Ren Zhengfei.

In the corporate landscape, the Product Investment Review Board holds a pivotal role. It is entrusted with the crucial task of evaluating and overseeing key decisions. These decisions encompass a wide range of aspects, including resource allocation (which involves determining how the company's finite resources are distributed among different projects and departments), project initiation (deciding whether a new project should be launched based on various factors like market potential and feasibility), and budget approval for major strategic directions of the company. By performing these functions, the board ensures that Huawei's resources are efficiently channeled towards core strategic goals, thus maximizing the company's overall effectiveness and competitiveness.

Despite taking on this new responsibility, Yu Chengdong will continue to serve in his existing capacities. He remains an Executive Director of Huawei, playing a vital role in the company's high - level decision - making processes. Additionally, he retains his position as the Chairman of Terminal BG. In this role, he is responsible for overseeing two crucial business segments of Huawei: the terminal business, which includes a wide array of consumer electronic devices such as smartphones, tablets, and wearables; and the HarmonyOS Intelligent Automotive Solutions business, which represents Huawei's foray into the automotive industry, leveraging its advanced technology to provide innovative solutions for intelligent vehicles.