XIAOMI(HK:01810) Xin Hua Wang·2025-06-26 22:00Group 1 - Xiaomi officially launched its first SUV, the Xiaomi YU7, along with over ten new products including a foldable smartphone and AI glasses [1][5] - The Xiaomi YU7 is available in three configurations: standard, Pro, and Max, with the standard version offering a CLTC range of 835 kilometers [3][5] - Xiaomi's founder Lei Jun announced a commitment to invest 200 billion yuan in core technology research and development over the next five years [1][5] Group 2 - In 2024, China's annual production and sales of new energy vehicles are expected to exceed ten million units, marking a significant milestone in the country's automotive industry [3] - Data from the China Association of Automobile Manufacturers indicates that in the first five months of this year, China's automotive production and sales both grew by over 10% year-on-year, with new energy vehicle production and sales increasing by 45.2% and 44% respectively [5] - Lei Jun emphasized the importance of focusing on core technologies such as motors, batteries, and chassis to elevate China's smart electric vehicles to a world-class level [5]