XIAOMI(HK:01810) 证券时报·2025-05-22 15:13Core Viewpoint - Xiaomi's 15th anniversary strategic product launch highlighted the introduction of the self-developed chip "Xuanjie O1" and the first SUV model "Xiaomi YU7" [1][3]. Group 1: Xiaomi YU7 Overview - The Xiaomi YU7 features a maximum horsepower of 690PS, a 0-100 km/h acceleration time of 3.23 seconds, and a top speed of 253 km/h, powered by the V6s Plus Xiaomi super motor [4]. - The YU7 is positioned as a "luxury high-performance SUV" with a standard version offering a range of 835 km, making it the leader in range among mid-to-large pure electric SUVs [6][8]. - The vehicle will be available in three colors: gemstone green, titanium metal, and lava orange [6]. Group 2: Performance and Safety Features - The YU7 is equipped with an 800V silicon carbide high-voltage platform, allowing for a maximum range of 835 km and a rapid charging capability of 620 km in just 15 minutes [8]. - The vehicle's body features an upgraded "armor cage" made of 2200MPa ultra-strong steel, enhancing safety with over 50 passive safety performance tests [10]. - The YU7 includes a new four-in-one domain control module and is powered by the third-generation Snapdragon® 8 mobile platform, providing enhanced computing power for intelligent driving [11]. Group 3: Market Position and Future Projections - Xiaomi's SU7 series has delivered a total of 258,000 units, with over 28,000 units delivered in April alone [5]. - Analysts predict that the SUV market, particularly in the 200,000 to 300,000 yuan price range, is significantly larger than the sedan market, with Xiaomi's YU7 expected to capture a substantial share [12]. - Projections indicate that Xiaomi's automotive deliveries could reach 137,000 units in 2024, with potential growth to 389,000 and 573,000 units in 2025 and 2026, respectively [12].