XIAOMI(HK:01810) Sou Hu Cai Jing·2026-02-11 03:01Core Insights - Xiaomi's founder Lei Jun introduced the new generation of the SU7 model during a live stream, highlighting significant upgrades in chassis, motor, and battery components, along with enhanced safety features and intelligent driving capabilities [1][12][14]. Product Features - The new SU7 features a more robust chassis, precise steering, and improved grip, with all models equipped with nine airbags and enhanced battery protection [1][14]. - The vehicle includes advanced intelligent driving technology, featuring laser radar, 4D millimeter-wave radar, and 700 TOPS of driving assistance computing power, along with the Xiaomi HAD end-to-end driving assistance system [1][14]. - The new SU7 will be available in three versions: Standard, Pro, and Max, with pre-sale prices set at 229,900 CNY, 259,900 CNY, and 309,900 CNY respectively, reflecting a price increase of over 10,000 CNY compared to the previous generation [12][18]. Compliance and Safety Standards - Xiaomi's SU7 has been designed to meet new national standards for car door handles, which will be enforced starting January 1, 2027, ensuring that each door is equipped with at least one mechanical release handle [1][12]. - The company claims that its battery pack exceeds the new national standards, having undergone over a thousand tests during development [2][12]. Production and Delivery - The last unit of the initial SU7 has been produced, with a total delivery of nearly 370,000 units, marking the end of its production [6][21]. - Xiaomi's automotive division achieved a delivery of over 410,000 units in its first full year, surpassing its annual target by 117% [21]. Market Performance - As of February 10, Xiaomi's stock closed at 35.58 HKD per share, with a total market capitalization of 930.2 billion HKD, reflecting a year-to-date decline of nearly 9.5% [21].