XIAOMI(HK:01810) Qi Lu Wan Bao·2025-09-25 03:18Group 1 - The core message of the news is that Xiaomi's founder, Lei Jun, reflects on the company's journey over the past five years, emphasizing the bold decisions to venture into car manufacturing and chip development, despite the challenges faced [1][4]. - Lei Jun's annual speech on September 25 will focus on the themes of change, revealing the stories behind Xiaomi's new chip and car initiatives [4]. - The decision to simultaneously pursue car manufacturing and chip development is described as a significant risk, with Lei Jun comparing it to the pressure of supporting two children in college, indicating the high stakes involved [4]. Group 2 - Lei Jun's annual speech was initially planned for June but was postponed to September to align with the launch of the Xiaomi 17 series flagship, which is expected to generate significant attention [4]. - The delay in the annual speech was seen positively by Lei Jun, as it allows for leveraging the publicity from the Xiaomi 17 series launch [4]. - The shared birth year of Lei Jun with other industry leaders like Huawei's Yu Chengdong and OPPO's Chen Mingyong highlights a generational shift in the tech industry [4].