智通财经网·2025-09-30 03:57Core Viewpoint - Minsheng Securities maintains a "recommended" rating for Xiaomi Group-W (01810), projecting revenue and net profit growth from 2025 to 2027, driven by the successful launch of the Xiaomi 17 series and the introduction of customized automotive services [1][2] Group 1: Financial Projections - Expected revenue for Xiaomi Group is projected to reach 509.30 billion, 640.91 billion, and 749.65 billion yuan for the years 2025, 2026, and 2027 respectively [1] - Projected net profit for the same years is estimated at 44.44 billion, 64.05 billion, and 81.83 billion yuan [1] Group 2: Product Launch and Features - Xiaomi held an annual speech and product launch event on September 25, introducing the Xiaomi 17 series, Xiaomi Pad 8 series, and various other products including the Xiaomi TV SPro Mini LED 2026 and Mi Home appliances [1] - The Xiaomi 17 series features a starting price of 4,499 yuan, equipped with a new 6.3-inch OLED screen and the fifth-generation Snapdragon 8 processor, showing a 20% performance improvement over the previous generation [1] - The series also includes a 7,000 mAh battery with support for 100W wired and 50W wireless fast charging [1] Group 3: Battery Technology - The Xiaomi 17 Pro and Xiaomi 17 Pro Max are priced starting at 4,999 yuan and 5,999 yuan respectively, featuring a unique stacked battery technology [2] - All batteries in the series are designed for a five-year lifespan, maintaining over 80% capacity after 2,000 complete charge-discharge cycles [2]