XIAOMI(HK:01810) Mei Ri Jing Ji Xin Wen·2025-06-10 05:32Group 1 - Xiaomi's CEO Lei Jun responded to rumors regarding a fatal accident during high-level driving training, stating that occasional incidents are normal in such training and that legal action will be taken against those spreading false information [1][4] - Xiaomi's Vice President Li Xiaoshuang issued a statement denying the rumors, emphasizing that the claims are malicious and misleading, and that legal proceedings will be initiated against the perpetrators [4] - The coach rumored to have died in the incident confirmed via social media that he is safe and well, countering the false claims circulating online [4] Group 2 - At the Xiaomi investor conference on June 3, Lei Jun predicted that the automotive business would achieve profitability by the third or fourth quarter of 2025 [8] - Lei Jun clarified that the pricing for the newly launched Xiaomi YU7 would not be the rumored 235,900 yuan, with official pricing to be announced shortly before sales begin [8] - Xiaomi plans to avoid price wars and is developing automotive chips, which are expected to contribute to profitability by 2025 [8] - The company has been investing in robotics for five years and is currently testing related capabilities in its automotive factory [8]