卢伟冰：小米汽车本周预计完成全年交付任务

Core Viewpoint - Xiaomi Group reported a strong performance in Q3, achieving revenue of 113.1 billion RMB, a year-on-year increase of 22.3%, and a record net profit of 11.3 billion RMB, up 80.9% [1][12]. Group 1: Financial Performance - In the first three quarters, Xiaomi's total revenue reached 340.4 billion RMB, nearing last year's total, with adjusted net profit of 32.8 billion RMB, exceeding last year's total [1]. - Internet services revenue in Q3 was 9.4 billion RMB, a year-on-year growth of 10.8%, with a gross margin of 76.9% [10]. - The automotive and AI innovation segment generated revenue of 29 billion RMB, a significant year-on-year increase of 199%, with 28.3 billion RMB from electric vehicles alone [12]. Group 2: Automotive Business - Xiaomi's automotive business achieved a milestone by turning a profit in Q3, with a single-quarter operating profit of 700 million RMB [12]. - The company delivered over 100,000 vehicles in Q3, bringing total deliveries for the first three quarters to over 265,000 [13][16]. - Xiaomi's electric vehicles ranked among the top three in the mid-to-large SUV market for several months, and in October, it became the best-selling SUV brand in China [16]. Group 3: Smartphone and IoT Business - Xiaomi's smartphone business showed steady growth, with global shipments of 43.3 million units, marking nine consecutive quarters of year-on-year growth [5]. - The IoT and lifestyle products segment generated revenue of 27.6 billion RMB, reflecting a year-on-year increase of 5.6%, with over 1 billion connected IoT devices [7][8]. - The number of users with five or more devices connected to the AIoT platform reached 21.6 million, a growth of 26.1% year-on-year [7].