Core Insights - Xiaomi has officially launched its smart home appliance factory, marking the third major manufacturing base in its "people, vehicles, and home ecosystem" strategy [1][3] - The factory, located in Wuhan, covers over 750 acres with a total investment exceeding 2.5 billion yuan, and is expected to achieve an annual output value of 14 billion yuan [1][3] Manufacturing and Technology - The smart home appliance factory aims to set a new benchmark in smart and green manufacturing by incorporating cutting-edge technologies such as digital twins, AI visual inspection, and aerial logistics [3] - The factory boasts a first-pass yield rate of over 99%, with a production efficiency of one high-end air conditioner every 6.5 seconds, and an annual production capacity of 51 units per square meter [3] Strategic Goals - Xiaomi's president, Lu Weibing, emphasized that the home appliance segment is a crucial part of the company's ecosystem strategy, with a target to reach a scale of 100 billion yuan in the next five years and to rank among the top two in the Chinese air conditioning market [3] - The Wuhan facility is positioned as the core manufacturing hub for Xiaomi's home appliances and aims to be a model for smart manufacturing in Central China [3]