XIAOMI(HK:01810) Sou Hu Cai Jing·2026-02-24 07:31Core Insights - The private enterprise symposium held on February 17, 2025, highlighted the challenges, opportunities, and changes faced by private enterprises in China, with notable participation from leaders of major companies like Xiaomi and New Hope Group [1] - Lei Jun, CEO of Xiaomi, emphasized the improved business environment and legal protections for private enterprises, which have boosted confidence and stability in the sector [1] - Xiaomi plans to focus on core technologies such as chips, AI, and operating systems over the next five years, aiming to become a global leader in hard-core technology [1][3] Group 1: Business Environment and Policy - The implementation of the Private Economy Promotion Law has provided stronger legal protections for private enterprises, enhancing their confidence in the market [1] - Lei Jun noted that the past year has seen more precise policy support for private enterprises, contributing to a more favorable business environment [1] Group 2: Xiaomi's Strategic Focus - Xiaomi has committed to investing 200 billion yuan in research and development over the next five years, building on a previous investment of 100 billion yuan [3][5] - The company aims to achieve a significant milestone in 2026 by integrating self-developed chips, operating systems, and AI models into a single terminal [3] Group 3: Innovation and Development - Xiaomi's strategy emphasizes aligning with national high-quality development goals, focusing on core business areas, and maintaining innovation to ensure sustainable growth [1] - The company is actively pursuing advancements in robotics and other innovative technologies as part of its long-term vision [3]