XIAOMI(HK:01810) Zhong Guo Ji Jin Bao·2025-06-26 14:50Group 1 - Xiaomi officially announced the price of its first SUV model, YU7, starting at 253,500 yuan, which is 10,000 yuan cheaper than the Model Y [2][12] - The YU7 received over 200,000 pre-orders within three minutes of its launch [1] - Xiaomi plans to invest 200 billion yuan in research and development over the next five years (2026-2030) to focus on high-end technology [3] Group 2 - The YU7 is available in three versions: standard at 253,500 yuan, Pro at 279,900 yuan, and Max at 329,900 yuan [12][13] - Xiaomi aims to create a comprehensive ecosystem for its vehicles, with initial partners including BYD, GAC Toyota, and Zhengzhou Nissan [14] - Various listed companies have confirmed their involvement in supplying components for the YU7, including Huayang Group and Honglin Electric [16][17]