XIAOMI(HK:01810) 证券时报·2025-11-24 11:06Core Viewpoint - Xiaomi Group's recent stock buybacks and significant investments by its founder indicate confidence in the company's future despite a decline in stock price [1][3][4]. Group 1: Stock Buybacks and Investments - Xiaomi Group's founder, Lei Jun, invested over 100 million HKD to purchase 2.6 million shares at an average price of approximately 38.58 HKD per share, increasing his ownership to 23.26% [1]. - The company repurchased 21.5 million shares over two days, with a total expenditure exceeding 800 million HKD [3]. Group 2: Financial Performance - For Q3 2025, Xiaomi reported total revenue of 113.1 billion RMB, reflecting a year-on-year growth of 22.3% [5]. - The mobile and AIoT segment generated revenue of 84.1 billion RMB, a growth of 1.6% year-on-year, while the smart electric vehicle and AI innovation segment reached a record high of 29 billion RMB, growing by 199.2% [5][6]. - Xiaomi's adjusted net profit for Q3 was 11.3 billion RMB, marking an 80.9% increase year-on-year [6]. Group 3: Electric Vehicle Business - Xiaomi's smart electric vehicle segment achieved a quarterly operating profit for the first time, with earnings of 700 million RMB [6]. - The company announced the production of its 500,000th vehicle, emphasizing a commitment to safety, delivery, and technological innovation [6].