XIAOMI(HK:01810) Xin Lang Cai Jing·2025-11-29 18:22Core Insights - Lei Jun, founder of Xiaomi, reflects on the transformation of Beijing's manufacturing industry and its impact on the company's growth, particularly in the electric vehicle sector [1][2]. Group 1: Industry Transformation - Beijing's manufacturing base is crucial for Xiaomi's success, with the city providing a supportive environment for innovation and industrial development [2][4]. - The production of new energy vehicles (NEVs) in Beijing has significantly increased, from approximately 20,000 units in 2020 to an expected 300,000 units in 2024, indicating a strong shift towards new energy and smart manufacturing [2][4]. - The rapid establishment of Xiaomi's automotive factory, completed in just 14 months, highlights Beijing's efficient industrial ecosystem [2][3]. Group 2: Technological Advancements - The integration of smart manufacturing is essential for Beijing's industrial evolution, with a focus on high-end, intelligent production methods [4][5]. - Xiaomi's "black light factory" exemplifies the efficiency of smart manufacturing, achieving a 60% increase in production efficiency compared to traditional factories [5]. - The anticipated rise of AI in traditional industries is expected to create a new trillion-dollar market, with AI technologies enhancing production processes and quality control [6]. Group 3: Future Outlook - The next five years will see significant advancements in AI and robotics within manufacturing, with expectations for humanoid robots to become commonplace in factories [6]. - Beijing's strategic focus on developing new industries, such as commercial aerospace and large model industry clusters, positions the city as a leader in innovation and production capabilities [6].