Auto-parts supplier Mianyang Fulin Precision Machining Co., Ltd. (300432.SZ) announced Friday night that it inked a purchase agreement with Huawei over vehicle speed reducers.

In response, an employee with Huawei's branding department said to NBD on Monday the company has no plan of making complete vehicles, adding they also have no clue about the purpose of the parts disclosed in the announcement and will verify it.