XIAOMI(HK:01810) Sou Hu Cai Jing·2025-11-20 05:18Group 1 - The 500,000th Xiaomi car rolled off the production line at the Xiaomi Super Factory in Beijing, marking the fastest record in the electric vehicle industry for reaching this milestone in just over one year and seven months [2] - Xiaomi's founder and CEO Lei Jun stated that the achievement signifies the validation of Xiaomi's complete system capabilities in research and development, manufacturing, sales, delivery, and service, as well as consumer recognition [2] - The company initially set a delivery target of 300,000 vehicles for the year, which was later raised to 350,000, and it is expected to exceed 400,000 deliveries by the end of the year [2] Group 2 - In the third quarter, Xiaomi reported revenue of 29 billion yuan from its smart electric vehicle and AI innovation business segment, representing a year-on-year growth of over 199% [3] - The smart electric vehicle segment generated 28.3 billion yuan in revenue, with the company achieving a quarterly profit of 700 million yuan for the first time in this segment [3] - Xiaomi delivered a record 108,796 new cars in the third quarter, setting a new historical high for the company [3]