XIAOMI(HK:01810) 2 1 Shi Ji Jing Ji Bao Dao·2025-07-11 06:40Group 1 - Xiaomi's management team has seen a promotion of Wang Xiaoyan to Senior Vice President, ranking sixth in the company hierarchy [2] - Wang Xiaoyan has a background in telecommunications and has held various leadership roles within Xiaomi since joining in 2019, contributing significantly to the company's new retail business in China [2] - The promotion is speculated to be linked to Xiaomi's strong performance in the smartphone market, where it ranked first in new device activations in China for the second quarter of 2025 [4][6] Group 2 - In the second quarter of 2025, Xiaomi achieved a market share of 16.63% with 11.42 million devices activated, reflecting a year-on-year growth of 7.39% [7] - The competition remains tight, with only a small difference in activation numbers between Xiaomi and other leading brands, indicating potential threats from competitors [6] - Xiaomi's strategy included launching five new models in the 2000-3500 price range, which helped secure its market position during the quarter [6]