The update comes with software version 10.1.0.118 and as I have mentioned it above, its a beta update and only being rolled out those who have opted for the best testing. The update will bump the software version from 10.1.0.116 to 10.1.0.118

Manual OTA Update Guide

EMUI 10 1 0 118 beta update for Huawei Mate XS rolled out - 86