智通财经APP讯，小米集团-W(01810)公布，2025年12月22日耗资约1.49亿港元回购375万股股份。 ...

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12月22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 | | | | | | | | | | | | 已發 ...

Core Insights - Xiaomi Group held the 2025 "Human-Vehicle-Home Ecosystem" Partner Conference, focusing on breakthroughs in large model technology, deepening ecosystem collaboration, and expanding an open ecosystem [1] Group 1: Large Model Technology - Xiaomi released the new generation base large model Mimo-V2-Flash, featuring a lightweight design with "309 billion total parameters + 15 billion activation parameters," ranking Top 2 in global open-source model evaluations [2] - The Mimo-V2-Flash model employs a Hybrid SWA architecture, achieving 2.0 to 2.6 times inference speedup, with single-machine throughput of 5000-15000 tokens per second [2] - The model's inference speed is three times that of DeepSeek V3.2, while its inference cost is 1/20 of Gemini 2.5 Pro, addressing efficiency and cost challenges for large model deployment [2] Group 2: Hardware Ecosystem - Xiaomi has built the world's largest consumer hardware platform, with 1.8 billion connected devices globally, including 740 million monthly active mobile users and over 1 billion IoT devices [2] - The company has delivered over 500,000 vehicles and opened more than 30 types of aftermarket ecological components, creating comprehensive hardware coverage across personal, transportation, and home devices [2] Group 3: Software Ecosystem - The upcoming Pengpai OS 3, set to launch in August 2025, will enhance ecosystem collaboration with features like support for over 60 applications and 70 scenarios, achieving 128 million application installations [3] - Xiaomi's interconnected ecosystem boasts 410 million daily active users, with over 270 million daily interconnect operations, enabling seamless integration across Apple and Windows ecosystems [3] - The Vela lightweight system has empowered 160 million smart devices, while the MINT platform integrates 3.9 terabytes of data and over 20 mature algorithms for efficient AI deployment [3] Group 4: Financial Outlook - Xiaomi plans to invest over 200 billion yuan in R&D over the next five years, with 40 billion yuan expected in 2026, indicating a long-term commitment to AI strategy [4] - The company maintains its Non-IFRS net profit forecasts of 42.6 billion yuan, 43.8 billion yuan, and 51 billion yuan for 2025-2027, respectively, and continues to hold a "buy" rating [4]

证券时报·数据宝统计，小米集团-W在港交所公告显示，12月19日以每股40.420港元至40.560港元的价 格回购375.00万股，回购金额达1.52亿港元。该股当日收盘价40.540港元，上涨0.85%，全天成交额 43.85亿港元。 | 2025.10.16 | 400.00 | 48.400 | 47.600 | 19184.63 | | --- | --- | --- | --- | --- | | 2025.10.15 | 200.00 | 49.540 | 49.420 | 9895.89 | | 2025.10.14 | 400.00 | 49.000 | 48.440 | 19489.20 | | 2025.10.13 | 400.00 | 50.550 | 47.820 | 19707.82 | | 2025.10.10 | 192.00 | 52.350 | 51.950 | 10003.23 | | 2025.10.08 | 15.00 | 53.250 | 53.050 | 797.60 | | 2025.09.30 | 1.80 | 53.250 | 53.250 | 95.85 ...

小米集团-W(01810)发布公告，该公司于2025年12月19日斥资1.52亿港元回购375万股股份，每股回购价 格为40.42-40.56港元。 ...

智通财经APP讯，小米集团-W(01810)发布公告，该公司于2025年12月19日斥资1.52亿港元回购375万股 股份，每股回购价格为40.42-40.56港元。 ...

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12月19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 | | | | | | | | | | | | 已發 ...

Investment Rating - The report maintains a "Buy" rating for Xiaomi Group (1810.HK) [5][7]. Core Insights - Xiaomi's AI strategy is characterized as a long-distance race rather than a sprint, with significant investments planned for the next five years, exceeding 200 billion RMB [5]. - The newly released Mimo-V2-Flash model demonstrates industry-leading performance with a lightweight design featuring 309 billion total parameters and 15 billion activation parameters, outperforming competitors in key metrics [2]. - Xiaomi has established the largest consumer hardware platform globally, with 1.8 billion connected devices, including 740 million active mobile users and over 1 billion IoT devices, which provides a robust foundation for AI technology deployment [3]. Summary by Sections AI Model Development - The Mimo-V2-Flash model achieves a 2.0 to 2.6 times increase in inference speed and has a throughput of 5000-15000 tokens per second, significantly enhancing efficiency and cost-effectiveness for large-scale AI applications [2]. - The model is fully open-sourced, with APIs and web experiences available, aiming to attract global developers and create a positive feedback loop for model iteration [2]. Hardware Ecosystem - Xiaomi's hardware ecosystem includes 1.8 billion connected devices, with a focus on personal, automotive, and home devices, which enhances the potential for AI technology applications [3]. Software Infrastructure - The upcoming release of the Pengpai OS 3 in August 2025 will enhance ecosystem collaboration, supporting over 60 applications and 70 scenarios, with a daily active user base of 410 million [4]. - The Vela lightweight system and MINT platform are designed to facilitate AI deployment across various devices, with over 100 open-source partners contributing to the ecosystem [4]. Financial Projections - Revenue projections for Xiaomi indicate a growth trajectory, with expected revenues of 270.97 billion RMB in 2023, increasing to 635.31 billion RMB by 2027, and Non-IFRS net profits projected to rise from 19.27 billion RMB in 2023 to 50.97 billion RMB in 2027 [6][26]. - The report anticipates a significant increase in Non-IFRS earnings per share, from 0.77 RMB in 2023 to 1.96 RMB in 2027, reflecting strong profitability growth [6][26].

今年以来该股累计进行28次回购，合计回购1.30亿股，累计回购金额53.88亿港元。（数据宝） 小米集团-W回购明细 证券时报·数据宝统计，小米集团-W在港交所公告显示，12月18日以每股40.120港元至40.240港元的价 格回购375.00万股，回购金额达1.51亿港元。该股当日收盘价40.200港元，下跌2.47%，全天成交额 51.36亿港元。 | 日期 | 回购股数（万股） | 回购最高价（港元） | 回购最低价（港元） | 回购金额（万港元） | | --- | --- | --- | --- | --- | | 2025.12.18 | 375.00 | 40.240 | 40.120 | 15066.09 | | 2025.12.16 | 720.00 | 41.000 | 40.360 | 29364.39 | | 2025.12.15 | 720.00 | 42.000 | 41.780 | 30166.04 | | 2025.12.11 | 230.00 | 42.280 | 42.220 | 9720.35 | | 2025.12.10 | 240.00 | 41.920 | 41. ...

南向资金今日净买入12.57亿港元，小米集团-W、美团-W、长飞光纤光缆净买入额位列前三，分别获净 买入9.04亿港元、4.34亿港元、3.70亿港元。净卖出方面，盈富基金、中国移动、中国海洋石油分别遭 净卖出14.22亿港元、12.94亿港元、2.25亿港元。 (本文来自第一财经) ...