XIAOMI(HK:01810) Sou Hu Cai Jing·2025-12-11 23:16Group 1 - Xiaomi has successfully launched its automotive division with the SU7 and YU7 models, generating significant sales and attention in the market [1][3] - The company has revealed plans for three new models: MX11-GT, MS11-L, and Kunlun, which are expected to enhance its product lineup and market presence [3][4] - The SU7 L is an extended version of the SU7, targeting the luxury sedan market with a length of approximately 5.2 meters and a wheelbase exceeding 3.1 meters [4] Group 2 - The YU7 GT is a high-performance SUV based on the YU7, currently undergoing testing at the Nürburgring, which is known for evaluating vehicle performance [6] - The YU9 is positioned as a family-oriented mid-to-large SUV, featuring a 1.5T range extender, an 800V fast-charging platform, and an 80kWh battery, with a pure electric range exceeding 400 km [8] - Xiaomi's automotive sales have surged, with 46,000 units sold in November, placing it among the top ten retail sales in the new energy vehicle sector [10][12] Group 3 - Xiaomi has achieved profitability in its automotive business, transitioning from a loss of 300 million yuan in Q2 to a profit of 700 million yuan in Q3, with a profit of 6,434 yuan per vehicle sold [12] - The company has delivered over 500,000 vehicles in just over 1 year and 7 months, setting a record for production speed in China's new energy vehicle industry [10][14] - With the upcoming launch of the YU7 GT, SU7 L, and YU9, Xiaomi's product matrix is expected to become more comprehensive, potentially leading to even higher sales figures [14]