BYD(SZ:002594) 财联社·2025-07-18 03:20Core Viewpoint - Recent interactions between Lei Jun, founder of Xiaomi Group, and Wang Chuanfu, chairman and president of BYD, highlight the collaboration between the two companies in the automotive and electronics sectors, particularly in battery supply and smartphone manufacturing [1][2]. Group 1: Automotive Collaboration - Lei Jun and Wang Chuanfu were seen together at the Xiaomi automobile factory, where Lei provided a tour and introduced the Xiaomi SU7 model to Wang [1]. - BYD is a key battery supplier for Xiaomi's vehicles, with the first model, Xiaomi SU7, featuring BYD's blade battery or CATL battery in its standard version [1]. - The second model, Xiaomi YU7, also utilizes BYD's and CATL's 96.3 kWh lithium iron phosphate battery in its standard and Pro versions [1]. Group 2: Electronics Manufacturing - BYD is recognized as a major electronics manufacturer, producing a significant portion of smartphones for companies like Huawei and Xiaomi, with claims that 90% of Huawei's phones are manufactured by BYD [2]. - BYD's electronics division, established in 1994, spans multiple industries including electronics, automotive, new energy, and rail transit, generating approximately 150 billion yuan in revenue annually [2]. - In the first quarter of 2025, BYD Electronics reported a revenue of 36.88 billion yuan, reflecting a year-on-year growth of 1.1%, with a net profit of 622 million yuan, up 1.92% [2].