XIAOMI(HK:01810) Ge Long Hui·2025-09-26 02:35Core Viewpoint - Goldman Sachs published a research report indicating that Xiaomi has launched the flagship Xiaomi 17 smartphone series, which includes the 17, 17 Pro, and 17 Pro Max, while also introducing the 15T series in international markets and upgrading to HyperOS 3.0, alongside six new high-end AIoT products [1] Group 1 - Xiaomi's 17 Pro smartphone features competitive pricing and differentiated innovative functions, which may attract more consumers to upgrade from basic models and expand its consumer base [1] - The introduction of customized services for the YU7 Max and SU7 Ultra demonstrates Xiaomi's commitment to solidifying its leadership position in the high-end automotive market by making luxury service experiences more accessible [1] - Starting in 2025, all Xiaomi air conditioners sold will come with a 10-year free warranty service, including central air conditioning, indicating Xiaomi's strategy to enhance service offerings to capture market share in the Chinese air conditioning sector [1] Group 2 - Goldman Sachs has moderately raised Xiaomi's 12-month SOTP-based target price from HKD 65 to HKD 66, maintaining a "Buy" rating [1]