Group 1 - The company, Xiaomi Group-W (01810.HK), announced that it will hold a board meeting on November 18, 2025, to consider and approve the unaudited consolidated third-quarter results for the three months and nine months ending September 30, 2025 [1]

Core Insights - On October 17, 2025, Alibaba-W (09988), SMIC (00981), and Xiaomi Group-W (01810) were the top three companies by trading volume in the Southbound Stock Connect, with trading amounts of 84.11 billion, 54.54 billion, and 32.57 billion respectively [1] - The same companies also led in trading volume in the Shenzhen-Hong Kong Stock Connect, with trading amounts of 53.02 billion, 43.85 billion, and 25.91 billion respectively [1] Southbound Stock Connect - Top Active Companies - Alibaba-W (09988) had a trading amount of 84.11 billion with a net buy of -11.12 billion [2] - SMIC (00981) recorded a trading amount of 54.54 billion with a net buy of +1.59 billion [2] - Xiaomi Group-W (01810) achieved a trading amount of 32.57 billion with a net buy of +3.64 billion [2] - Tencent Holdings (00700) had a trading amount of 28.38 billion with a net buy of -3.20 billion [2] - Other notable companies included Hua Hong Semiconductor (01347) and Meituan-W (03690) with trading amounts of 21.60 billion and 18.04 billion respectively [2] Shenzhen-Hong Kong Stock Connect - Top Active Companies - Alibaba-W (09988) had a trading amount of 53.02 billion with a net buy of -10.42 billion [2] - SMIC (00981) recorded a trading amount of 43.85 billion with a net buy of -17.37 billion [2] - Xiaomi Group-W (01810) achieved a trading amount of 25.91 billion with a net buy of +4972.05 million [2] - Other significant companies included Hua Hong Semiconductor (01347) and Tencent Holdings (00700) with trading amounts of 22.98 billion and 22.40 billion respectively [2]

XIAOMI CORPORATION 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表 任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任 何責任。 小米集團 董事會會議召開日期 於本公告日期，本公司董事會包括董事長兼執行董事雷軍先生、副董事長兼執行董事林斌先生、執行董事 劉德先生；非執行董事劉芹先生；以及獨立非執行董事陳東升博士、王舜德先生及蔡金青女士。 （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） 小米集團（「本公司」）之董事會（「董事會」）謹此宣佈，本公司將於2025年11月18日（星期 二）舉行董事會會議，其中議程包括考慮及批准本公司及其附屬公司截至2025年9月30日 止三個月及九個月之未經審核綜合第三季度業績。 承董事會命 小米集團 董事長 雷軍 香港，2025年10月17日 ...

Group 1 - The company, Xiaomi Group-W (01810), announced a share buyback plan on October 17, 2025, involving an expenditure of HKD 494 million to repurchase 10.7 million shares [1] - The buyback price per share is set between HKD 45.9 and HKD 46.76 [1]

Core Viewpoint - Xiaomi Group-W (01810.HK) announced a share buyback of 10.7 million shares at a cost of HKD 490 million on October 17 [1] Summary by Category Company Actions - The company executed a buyback program, purchasing 10.7 million shares [1] - The total expenditure for this buyback was HKD 490 million [1] Financial Implications - The buyback reflects the company's strategy to enhance shareholder value [1]

Core Viewpoint - Xiaomi Group-W (01810) announced a share buyback plan, investing HKD 494 million to repurchase 10.7 million shares at a price range of HKD 45.9 to 46.76 per share [1] Summary by Categories - **Company Actions** - The company will repurchase a total of 10.7 million shares [1] - The total expenditure for the buyback is HKD 494 million [1] - The buyback price per share is set between HKD 45.9 and 46.76 [1]

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 小米集团 (於開曼群島註冊成立以不同投票權控制的有限公司) 呈交日期： 2025年10月17日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | | 不同投票權架構公司普通股 | 股份類別 | B | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | | 01810 | 說明 | | | | | | | 多櫃檯證券代號 | | 81810 | RMB 說明 | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | ...

Core Insights - Shares of Chinese EV maker Xiaomi experienced their largest weekly decline in over 3.5 years, attributed to reports of two separate accidents involving its best-selling model this week [1] Company Summary - The significant drop in Xiaomi's stock price indicates potential investor concerns regarding the safety and reliability of its electric vehicles [1] Industry Summary - The incidents involving Xiaomi's EVs may impact consumer confidence in the broader electric vehicle market in China, highlighting the importance of safety in the competitive landscape [1]

Core Insights - The development of intelligent connected vehicles is at a historical opportunity period, requiring industry unity and collaboration to build a new ecosystem [2] - AI large models are identified as a future trend for intelligent connected vehicles, offering significant innovation opportunities [2] - The market size of China's intelligent connected vehicle industry reached 958.3 billion yuan in 2023, with a compound annual growth rate of 50.92% over the past five years [2] Industry Developments - As of the first half of 2023, over 15,000 kilometers of testing roads have been opened nationwide, with total testing mileage exceeding 70 million kilometers and more than 2,800 testing licenses issued [3] - The "Automobile Industry Stabilization Growth Work Plan (2025-2026)" aims to promote the industrial application of intelligent connected technologies and encourages the integration of vehicle, road, and cloud applications [5] - Predictions indicate that by 2030, level 3 autonomous vehicles will account for 10% of global new car sales, increasing to 60% by 2040, with China expected to have the highest penetration rate [5] Data Security and Management - The National Internet Information Office emphasizes the need for legal governance and the implementation of safety management requirements for automotive data processors [9] - There is a push to establish a foundational system for automotive data property rights, benefit distribution, and protection [9] - Ongoing efforts are being made to enhance data security risk awareness and prevention capabilities among automotive enterprises [9]

Core Viewpoint - Xiaomi has made significant strides in the automotive industry since its entry, showcasing impressive performance with its car models and innovative customization services [2][5]. Group 1: Xiaomi's Automotive Performance - Xiaomi's founder Lei Jun described the company's automotive journey as "vibrant," highlighting the successful launch of models like SU7 and YU7, which have set industry records in order numbers [2]. - The introduction of the YU7 customization service aims to democratize high-end bespoke services previously reserved for luxury brands, making them accessible to a broader audience [2][7]. Group 2: Customization Services - The customization service offers 26 personalized configurations, including new paint colors and interior options, with a focus on unique craftsmanship [3][4]. - Xiaomi has launched five new custom paint colors and plans to design 100 paint options over the next three years in collaboration with BASF and PPG [3]. - The service includes high-end features such as dual-layer lacquer and hand polishing, comparable to luxury brands like Rolls-Royce and Bentley [4]. Group 3: Market Positioning and Strategy - Xiaomi's customization service targets consumers in the 300,000 to 500,000 yuan price range, aiming to provide luxury experiences to a wider demographic [7]. - The service is currently in a trial phase, with a limited monthly order capacity of 40 vehicles, and is available only for high-end models YU7 Max and SU7 Ultra [5][7]. - The pricing strategy includes a minimum customization spend of 100,000 yuan and an 80,000 yuan deposit, reflecting the service's premium nature [5]. Group 4: Industry Context and Trends - The automotive customization market is evolving, with many manufacturers introducing various modification kits to meet growing consumer demand for personalization [9]. - The rise of consumer interest in vehicle customization is linked to a broader shift in automotive culture, where ownership is increasingly about individual expression [11]. - Regulatory support for the automotive modification industry is increasing, with government initiatives aimed at fostering a conducive environment for customization and related services [12]. Group 5: Challenges and Future Outlook - Despite the potential for growth, the aftermarket modification sector faces challenges such as regulatory oversight and varying technical capabilities among service providers [13]. - Establishing a comprehensive regulatory framework for automotive modifications is essential for the industry's sustainable development [13].