XIAOMI(HK:01810) Sou Hu Cai Jing·2025-10-28 09:29Core Insights - Xiaomi has officially launched its first smart home appliance factory in Wuhan, marking a significant step in its smart manufacturing strategy and moving away from reliance on OEM production [4][5][9] Group 1: Factory Overview - The new smart home appliance factory is Xiaomi's third large-scale manufacturing facility, following its smartphone and automotive factories [3][5] - The factory was established in a record time of approximately 14 months, significantly shorter than the industry average [7] - The total investment for the first phase of the project is 2.5 billion RMB, covering an area of 500,000 square meters, with a peak production capacity of 7 million units and an expected output value of 14 billion RMB [9] Group 2: Production Capabilities - The factory will initially focus on air conditioning products, including both household and central air conditioning systems, and is equipped with six core air conditioning assembly plants [9][11] - The production efficiency is notable, with one air conditioning unit being completed every 6.5 seconds due to advanced AI technology and highly automated production processes [11] Group 3: Strategic Importance - The establishment of the factory aligns with Xiaomi's long-term strategic goals and serves as a way to contribute to the development of its founder's hometown, Wuhan [11] - The R&D team in Wuhan has grown to 4,000-5,000 members, with plans to expand to a scale of 10,000 [11]