XIAOMI(HK:01810) Ge Long Hui·2025-06-26 13:56Core Insights - Xiaomi held its most powerful launch event, introducing a wide range of products across various sectors, including automotive, smartphones, tablets, and smart wearables, emphasizing a "full ecosystem" approach [1][3] - The company plans to invest 200 billion yuan in research and development over the next five years, which is expected to enhance its market competitiveness [1] Automotive Sector - The highlight of the event was the launch of Xiaomi's first SUV, the YU7, which features nine color options and advanced technology [3] - The YU7 utilizes an 800V silicon carbide high-voltage platform and supports 5.2C ultra-fast charging, allowing for a 620 km range with just 15 minutes of charging, outperforming Tesla's supercharging network [5] - The YU7's pricing is competitive, with the standard version priced at 253,500 yuan, undercutting Tesla's Model Y by 10,000 yuan [7] - Analysts predict that the YU7's monthly sales could reach 30,000 to 40,000 units, with expectations of it becoming a significant market player [9] Consumer Electronics - Xiaomi introduced AI glasses that serve as a personal smart device, capable of first-person perspective recording and integration with smartphones [10][11] - The AI glasses support various applications, including video calls and live streaming, and are available in three color options [13] - The MIX Flip 2 foldable smartphone was also launched, featuring high-end specifications and a focus on durability with a new hinge design [14][16] - The MIX Flip 2 is priced at 5,999 yuan for the 12GB + 256GB version, with additional models available at higher price points [16] Tablets and Wearables - The Xiaomi Pad 7S Pro was unveiled as the lightest LCD tablet in its size category, featuring a 12.5-inch 3.2K display and a powerful battery [19] - The Pad 7S Pro supports high refresh rates and has a robust camera setup, ensuring consistent color display across devices [21] - The Xiaomi Watch S4 and Open Earphones Pro were also introduced, with the watch featuring advanced safety functions and the earphones offering high-quality sound and smart recording capabilities [21][23]