XIAOMI(HK:01810) Sou Hu Cai Jing·2025-09-25 14:42Group 1 - The core theme of Lei Jun's annual speech is "Change," reflecting on Xiaomi's transformation over the past five years, particularly in the automotive and chip sectors [3][5][11] - Xiaomi's chip development journey began in 2014 with Pinecone Electronics, facing challenges that led to a halt in SoC chip development, but was restarted in 2021 with a focus on high-end chips [5][11] - The Xiaomi SU7 Ultra project was initiated in December 2021, aiming to compete with Porsche and Tesla, but faced delays and challenges before achieving record performance [7][9] Group 2 - The Xiaomi 17 Standard Edition is introduced as the strongest compact flagship, featuring a 6.3-inch OLED display, a lightweight design, and advanced performance specifications [11][13][15] - The Xiaomi 17 Pro features a "Magic Back Screen" with various functionalities, including personalized notifications and a unique retro gaming mode [25][27][29] - The Xiaomi 17 Pro Max boasts a 6.9-inch display and enhanced imaging capabilities, including a larger sensor for improved light capture [37][39][41] Group 3 - The Xiaomi Pad 8 series includes a standard and Pro version, both equipped with an 11.2-inch display and high-performance specifications, supporting Wi-Fi 7 [45][50][52] - The YU7 SUV has delivered over 40,000 units since its launch, with a significant portion of buyers being families [60][62] - Xiaomi's customization service for the YU7 Max offers unique paint options and interior designs, enhancing personalization for customers [64][68][70] Group 4 - The event also showcased various new tech home appliances, including the Xiaomi TV S Pro Mini LED 2026 and other smart devices, indicating Xiaomi's expansion beyond mobile technology [72]