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Ask the history of Emerson Network Energy Co., Ltd.?
What you said is true. AXA Electric was formerly the power division of Huawei Electric, and later it was sold to Emerson by AXA Electric (the division was established as a subsidiary independently), and then it was changed to Emerson Network Energy after the sale. Yada is a manufacturing enterprise acquired by Emerson. Put it simply. . . It was Emerson who acquired AXA Electric, a subsidiary of Huawei Electric, and then Emerson integrated its related businesses (such as Libotte and ASCO) to form the current Emerson Network Energy Co., Ltd.

You can have a look at this: ii.com.cn/20020715/ca56777.htm.