XIAOMI(HK:01810) Sou Hu Cai Jing·2026-01-03 13:37Core Insights - Xiaomi's founder Lei Jun conducted a live stream on January 3, 2026, showcasing the Xiaomi YU7 vehicle and emphasizing the importance of honest feedback from the audience [1][3] - The company reported a total delivery of over 410,000 vehicles in 2025, surpassing its initial target of 300,000 and later revised target of 350,000 [2][11] Group 1: Live Stream Highlights - The live stream featured a detailed disassembly of the Xiaomi YU7, with engineers explaining the vehicle's design and safety features [3][5] - Lei Jun invited more influencers to review Xiaomi's vehicles, urging them to provide fair assessments rather than exaggerated critiques for views [1][3] Group 2: Sales Performance - Xiaomi YU7, launched on June 26, 2025, has achieved over 150,000 deliveries within six months, significantly outperforming its predecessor, the SU7 [6][10] - The YU7 is positioned competitively against the Tesla Model Y, with a starting price of 253,500 yuan, which is 10,000 yuan lower than the Model Y [6][9] Group 3: Market Strategy - Xiaomi introduced a new financing option for the YU7, offering a "3 years 0 interest" installment plan to make the vehicle more accessible [9] - The company has expanded its sales network, with 477 sales outlets and 264 service points across 138 cities in China by the end of 2025 [11]