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Core Viewpoint - Xiaomi is positioning its new Civi 5 Pro as an all-around flagship, directly competing with the iPhone standard version, showcasing significant upgrades in design and technology [3]. Group 1: Product Development - The Civi 5 Pro features a 6.55-inch ultra-narrow visual four-edge curved screen, is only 7.45mm thick, and has a width of 73.2mm [3]. - It is powered by the Qualcomm Snapdragon 8s Gen4 and includes a Leica triple-camera system, featuring the same Leica floating telephoto lens as the Xiaomi 15 [3]. - The Civi 5 Pro will be available in four color options: Nebula Purple, Sakura Pink, Black, and White [3]. Group 2: Financial Performance - Xiaomi's smartphone business achieved a revenue of 191.8 billion yuan in 2024, marking a year-on-year growth of 21.8% [5]. - The global smartphone shipment reached 169 million units, with a year-on-year increase of 15.7% [5]. - In Q1 2025, China's smartphone market saw shipments of 70.9 million units, a 5% year-on-year growth, with Xiaomi's shipments reaching 13.3 million units, a 40% increase, reclaiming the top position with a market share of 19% [5]. Group 3: Market Strategy - Xiaomi aims to sell over 10 million high-end smartphones globally in 2024 and plans to focus on the price segment above 6,000 yuan in 2025 [5]. - The company plans to open 10,000 Xiaomi Home stores overseas within five years to promote its major appliances [5]. - Xiaomi's air conditioning business aims to rank among the top three in China this year, with a long-term goal of being among the top two by 2030 [6]. Group 4: Production Capacity - The Xiaomi smart home appliance factory in Wuhan is in the critical phase of equipment installation and is expected to be operational in the second half of the year [8]. - The first phase of the project focuses on air conditioning, with plans for six core sub-factories to support both home and central air conditioning production [8].