XIAOMI(HK:01810) 3 6 Ke·2025-09-24 06:18Group 1 - The core decision of Xiaomi's CEO Lei Jun to simultaneously venture into car manufacturing and restart chip production has put the company's accumulated resources at risk, likening it to the pressure of supporting two children in college [1][3] - Lei Jun's upcoming annual speech will focus on the theme of "change," where he will share stories related to Xiaomi's chip and car initiatives [1][2] - Xiaomi's automotive strategy includes the dual model approach with SU7 and YU7, aiming for a total sales target of 350,000 units for the year [2] Group 2 - As of August 2025, Xiaomi's automotive sales reached 224,800 units, achieving approximately 64% of its annual target [2] - In September 2025, Xiaomi's SU7 and YU7 models led the sales charts in their respective categories, with SU7 selling 19,848 units and YU7 selling 16,548 units [2] - In the third week of September 2025, Xiaomi ranked second in the new energy vehicle market with a weekly sales figure of 10,800 units, following Leap Motor [2]