Core Insights - The company achieved a record total revenue of RMB 116 billion in the second quarter, representing a year-on-year growth of 30.5% [1] - The "Mobile × AIoT" segment generated revenue of RMB 94.7 billion, marking a year-on-year increase of 14.8% [1] - The "Smart Electric Vehicles and AI-related Innovative Businesses" segment reported revenue of RMB 21.3 billion, with both segments reaching historical highs [1] - The adjusted net profit for the quarter was RMB 10.8 billion, also a record high, reflecting a year-on-year growth of 75.4% [1]

Group 1 - The core revenue for the smart electric vehicle and AI innovation business segment in Q2 2025 was RMB 21.3 billion, with smart electric vehicle revenue accounting for RMB 20.6 billion and other related business revenue at RMB 600 million [1] - The gross margin for the smart electric vehicle and AI innovation business segment in Q2 2025 was 26.4% [1] - The operating loss for the smart electric vehicle and AI innovation business segment in Q2 2025 was RMB 300 million [1] - The company delivered 81,302 new vehicles in Q2 2025 [1]

Core Insights - Xiaomi Group reported a record high revenue of approximately RMB 1159.56 billion for Q2 2025, representing a year-on-year growth of 30.5% and a quarter-on-quarter growth of 4.2% [1] - The adjusted net profit for Q2 2025 was approximately RMB 108.31 billion, showing a year-on-year increase of 75.4% [1] - For the first half of 2025, the total revenue reached approximately RMB 2272.49 billion, with a year-on-year growth of 38.2% [1] Financial Performance - Q2 2025 revenue was RMB 1159.56 billion, with a gross profit of RMB 261.01 billion, reflecting a year-on-year growth of 41.9% [1] - Adjusted net profit for the first half of 2025 was approximately RMB 215.06 billion, a year-on-year increase of 69.8% [1] - The profit attributable to shareholders for Q2 2025 was RMB 119.04 billion, up 133.51% year-on-year [1] Business Segments - The "Mobile × AIoT" segment generated revenue of RMB 947 billion in Q2 2025, a year-on-year increase of 14.8% [1] - Revenue from the "Smart Electric Vehicles and AI Innovation" segment reached RMB 213 billion, marking a historical high [1] Market Position - Xiaomi's smartphone shipments reached 42.4 million units in Q2 2025, achieving a year-on-year growth of 0.6% [2] - The company maintained a global smartphone market share of 14.7%, ranking among the top three for 20 consecutive quarters [2] - As of June 2025, the number of active users reached 731.2 million, a year-on-year increase of 8.2% [2] Strategic Initiatives - The company is advancing its "Human-Vehicle-Home Ecosystem" strategy, with a focus on core technology investments [2] - R&D expenditure in Q2 2025 was RMB 78 billion, reflecting a year-on-year growth of 41.2% [2] - The number of R&D personnel reached a historical high of 22,641 [2] High-End Strategy - Xiaomi ranked first in smartphone sales in mainland China in Q2 2025, with high-end smartphone sales accounting for 27.6% of total sales, an increase of 5.5 percentage points year-on-year [3] - The market share for smartphones priced between RMB 4,000 and 5,000 in mainland China increased by 4.5 percentage points to 24.7% [3] - The company added over 1,700 new retail stores in mainland China, bringing the total to over 17,000 [3]

Group 1 - The core viewpoint of the article highlights Xiaomi Group's financial performance in the second quarter of 2025, specifically focusing on its smartphone business revenue and gross margin [1] - The smartphone business revenue reached RMB 45.5 billion, indicating a significant contribution to the company's overall financial health [1] - The global smartphone shipment volume was reported at 42.4 million units, showing a year-on-year growth of 0.6%, reflecting a stable demand in the market [1]

Core Insights - Xiaomi Group reported a revenue of 115.96 billion yuan for the second quarter, representing a year-on-year growth of 30%, exceeding the estimated 114.94 billion yuan [1] - The net profit for the second quarter reached 11.90 billion yuan, surpassing the forecast of 8.88 billion yuan [1] - The adjusted net profit for the second quarter was 10.8 billion yuan, marking a historical high with a year-on-year increase of 75.4% [1]

Group 1 - The core point of the article is that Xiaomi Group reported a significant increase in research and development (R&D) spending in the second quarter of 2025, reaching 7.8 billion RMB, which represents a year-on-year growth of 41.2% [1] - As of June 30, 2025, the number of R&D personnel at Xiaomi reached a record high of 22,641 [1]

人民财讯8月19日电，小米集团在港交所公告，2025年第二季度总收入1160亿元，创历史新高，同比增 长30%；第二季度经调整净利润为108亿元，创历史新高，同比增长75.4%。 ...

Core Insights - Xiaomi Group-W (01810.HK) reported record high revenue and profit for the second quarter of 2025, with total revenue reaching RMB 116 billion, a year-on-year increase of 30.5%, and adjusted net profit of RMB 10.8 billion, up 75.4% [1] Group Performance - The "Mobile × AIoT" segment generated revenue of RMB 94.7 billion, a year-on-year growth of 14.8%, while the "Smart Electric Vehicles and AI Innovation" segment earned RMB 21.3 billion, both achieving historical highs [1] - Xiaomi's smartphone shipments reached 42.4 million units in Q2 2025, marking a 0.6% year-on-year increase and maintaining growth for eight consecutive quarters [2] - The company ranked among the top three global smartphone vendors with a market share of 14.7%, continuing a 20-quarter streak in the top three [2] User Ecosystem Expansion - As of June 2025, Xiaomi's global monthly active users reached a record high of 731.2 million, reflecting an 8.2% year-on-year increase [2] - The number of connected IoT devices on the AIoT platform (excluding smartphones, tablets, and laptops) grew to 989.1 million, a 20.3% increase year-on-year [2] Strategic Initiatives - Xiaomi is advancing its "Human-Vehicle-Home Ecosystem" strategy, with a focus on large-scale investment in core technologies to become a global leader in hard-core technology [2] - R&D expenditure in Q2 2025 reached RMB 7.8 billion, a 41.2% year-on-year increase, with the number of R&D personnel hitting a record high of 22,641 [2] Retail Expansion - The number of Xiaomi Home stores in mainland China increased by over 1,700 in Q2 2025, bringing the total to over 17,000, while the number of new retail stores overseas reached approximately 200 [2]

XIAOMI CORPORATION 小米集團 （於開曼群島註冊成立以不同投票權控制的有限公司） 股份代號：1810（港幣櫃台）及81810（人民幣櫃台） 提名委員會職權範圍 小米集團（「本公司」）根據本公司董事會（「董事會」）於2018年6月19日通過的決議案成立 提名委員會（「委員會」）。下文載列委員會的職權範圍（「職權範圍」）。職權範圍備有英 文及繁體中文版可供查閱。職權範圍的英文與繁體中文版如有任何歧義，概以英文版為 準。 1. 目的 1.1 委員會旨在物色、考慮及向董事會推薦合適人選出任本公司董事、監管評估董 事會表現的程序、制定提名指引及向董事會提供建議，惟須符合任何適用法 律、法規及上市標準。 2. 組成 4. 接觸權 5. 報告程序 6. 權限 3. 會議 3.1 除本文另有指明外，本公司組織章程細則（「細則」）（經不時修訂）所載有關規範 董事會議及議事程序的規定，適用於委員會會議及議事程序。 1 2.1 委員會大多數成員須為本公司獨立非執行董事，彼等須符合香港聯合交易所有 限公司證券上市規則（「上市規則」）（經不時修訂）不時訂明的獨立性規定。 2.2 董事會須委任委員會的一名成員（須為本公司 ...

Core Viewpoint - Xiaomi Group reported a revenue of 115.96 billion RMB for the second quarter, exceeding the estimated 114.94 billion RMB [1] Financial Performance - The actual revenue of 115.96 billion RMB represents a positive deviation from the market estimate [1]