XIAOMI(HK:01810) 2 1 Shi Ji Jing Ji Bao Dao·2025-05-17 23:48Company Developments - China Telecom, China Mobile, and China Unicom have officially launched the construction of a computing power internet experimental network, aiming to interconnect their own computing resources and nationwide distributed social computing resources [6] - Xiaomi Group's president revealed that products equipped with Xiaomi's self-developed "Xuanjie O1" chip will extend beyond smartphones, with ambitions to improve its air conditioning market position from fourth to third place this year and to be among the top two by 2030 [6] - OpenAI plans to build a large new data center in the UAE, which could become one of the largest data centers globally [6] - Xiaomi Automotive addressed concerns regarding minor deformation of the SU7 front bumper, offering free pickup and repair services for affected vehicles [6] - Autonomous driving technology company WeRide announced the launch of eight autonomous driving service demonstration routes in downtown Guangzhou, marking the first all-weather autonomous driving service in the country [6] Industry Insights - As of the end of Q1, the balance of inclusive loans for small and micro enterprises in the banking sector reached 35.3 trillion yuan, reflecting a year-on-year growth of 12.5% [4] - The bond fund market has seen significant activity, with two funds, Guotai Fund and Minsheng Jianyin Fund, each achieving close to 60 billion yuan in establishment scale, marking them as the third and fourth bond funds to reach this scale since April [4] - The scale of land acquisition plans using special bonds has surged, with 171 cities announcing plans totaling 391.8 billion yuan and involving 6,565 hectares of residential land [5]