XIAOMI(HK:01810) Nan Fang Du Shi Bao·2025-07-01 13:08Group 1 - Xiaomi has launched "Xiaomi Youth Apartments" in Beijing and Nanjing, aimed at providing quality living conditions for young employees, with a rental price of 1999 yuan per month [1] - The Beijing Youth Apartment has 2658 units, primarily 29 square meters in size, equipped with independent bathrooms and smart home features, located about 10 kilometers from Xiaomi Technology Park [5] - The Nanjing Youth Apartment consists of 566 units, featuring 55 square meters two-bedroom apartments, situated just 100 meters from Xiaomi Nanjing Technology Park [5] Group 2 - Xiaomi's Vice President Zhang Jianhui mentioned that plans for a living area for the automotive factory are underway, following the acquisition of a land parcel in Beijing for 842 million yuan [5][6] - The automotive factory in Beijing is set to officially open on March 19, 2024, with a goal of delivering 100,000 vehicles in the year, aiming for a target of 120,000 units [6] - The recent launch of Xiaomi's SUV model YU7 has seen overwhelming demand, with 200,000 pre-orders within 3 minutes and over 289,000 within an hour [9]