XIAOMI(HK:01810) Sou Hu Cai Jing·2025-12-31 11:22Core Viewpoint - Xiaomi's founder and CEO Lei Jun announced a delay in the New Year's live stream due to illness, while also expressing plans to give away 15 Xiaomi 17 Ultra devices during the event [1][4]. Group 1: Company Announcements - Lei Jun planned a New Year's live stream on December 31, which was later postponed to January 3 due to a severe cold [1][4]. - The live stream was intended to feature a live disassembly of the YU7 vehicle, following a popular disassembly video of the SU7 [4]. Group 2: Product Launches - Xiaomi held a product launch for the 17 Ultra on December 25, where Lei Jun did not make an appearance, indicating a shift in his focus towards the automotive sector [7]. - Lei Jun announced plans to step back from public events to concentrate on the development of Xiaomi's electric vehicles, specifically the SU7 [7]. Group 3: Financial Performance - For Q3 2025, Xiaomi reported revenues of 113.1 billion RMB, a year-on-year increase of 22.3%, and an adjusted net profit of 11.3 billion RMB, up 80.9%, marking the highest quarterly profit in the company's history [8]. - The smart electric vehicle and AI innovation segment generated 29 billion RMB in revenue, with electric vehicle sales contributing 28.3 billion RMB, reflecting a year-on-year growth of over 199% [8][9]. - This segment achieved its first quarterly operating profit of 700 million RMB [9].