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.