XIAOMI(HK:01810) YOUNG财经 漾财经·2025-10-16 11:39Core Insights - The smart connected vehicle industry is complex and requires a collaborative ecosystem transformation rather than a single-point breakthrough competition [2][3] - Xiaomi has been in the automotive sector for 4.5 years and has delivered approximately 400,000 vehicles in the past 1.5 years, indicating significant progress in the electric vehicle phase [2] - The integration of Xiaomi's automotive products has created a closed loop among people, vehicles, and homes, showcasing the value of its ecosystem [2] Industry Development - The development of smart connected vehicles is at a historical opportunity period and should not be viewed as a zero-sum game; industry unity is essential for building a new ecosystem [3] - The industry should focus on safety, quality, and innovation, concentrating resources on technological innovation and research and development [3] - There is a call to resist negative online practices such as fake reviews and black public relations, promoting a positive and orderly industrial development environment [3]