Jin Rong Jie·2025-07-31 02:19Core Viewpoint - Xiaomi Group is experiencing a decline in stock price, reflecting market volatility and investor sentiment towards the company's performance and upcoming financial disclosures [1]. Group 1: Company Overview - Xiaomi Group is primarily an internet company focused on smartphones, smart hardware, and IoT platforms, with a product range that includes smartphones, IoT and lifestyle consumer products, and internet services [1]. - The company's business model is built on three interrelated pillars: innovative and high-quality hardware, efficient new retail, and a rich array of internet services, aimed at reducing operational costs and enhancing efficiency [1]. Group 2: Financial Performance - As of the first quarter of 2025, Xiaomi Group reported total revenue of 111.29 billion yuan and a net profit of 10.92 billion yuan [1]. - The company is set to disclose its mid-year financial report for the fiscal year 2025 on August 19 [1].