XIAOMI(HK:01810) Hua Er Jie Jian Wen·2025-05-22 09:55Group 1 - The core event is the strategic product launch by Xiaomi, featuring the highly anticipated Xiaomi玄戒O1 chip, along with the Xiaomi 15S Pro and Xiaomi Pad 7 Ultra [1] - Xiaomi's president, Lu Weibing, revealed that the玄戒 chip family will include more than just the O1 model [6] - Lei Jun, the founder of Xiaomi, mentioned that the development of the玄戒O1 chip has been challenging, with over 13.5 billion RMB invested in R&D as of April this year, and an expected investment of over 6 billion RMB this year [7] Group 2 - The initial goals for the玄戒 project included advanced process technology, flagship-level transistor scale, and top-tier performance and efficiency [9] - Xiaomi has committed to a long-term investment plan of at least 50 billion RMB over ten years, positioning itself among the top three in the domestic semiconductor design sector in terms of R&D investment and team size [9] - Xiaomi's industry investment partner, Pan Jiutang, responded to skepticism regarding the玄戒O1 chip, emphasizing the transparency of the project to industry partners and the government [10][11]