Group 1 - Lei Jun, founder of Xiaomi, addressed various questions regarding Xiaomi's automotive developments during a live stream, emphasizing the complexity of automotive technology and inviting constructive criticism [1][3] - NIO's founder, Li Bin, announced plans to build over 1,000 battery swap stations in 2026, contributing to a total of over 4,600 stations by year-end, and highlighted the completion of a 2,700 km battery swap route [3][5] - BYD has reportedly surpassed Tesla in pure electric vehicle sales starting from Q4 2023, with expectations to maintain this lead for five consecutive quarters through 2025 [1][5] Group 2 - Li Bin outlined five strategic requirements for NIO to ensure high-quality development in a competitive automotive industry, focusing on technology innovation and infrastructure investment [5] - Tesla's global vehicle deliveries are projected to decline by approximately 8.6% in 2025, with BYD expected to outperform Tesla in multiple key performance indicators, including revenue and profit margins [5][7] - The Xiaomi 15 Ultra smartphone achieved nearly double the sales of the Xiaomi 17 Ultra in its first three days, indicating strong market performance [7][9]

Group 1 - BMW China announced price adjustments for over 30 models, with some reductions exceeding 300,000 yuan, indicating a strategic response to market dynamics and performance pressures [4][5] - The most significant price drop was for the BMW iX1 eDrive25L, which decreased from 299,900 yuan to 228,000 yuan, a reduction of 24% [4] - BMW's sales in China have declined by 11.2% year-on-year, and the company does not expect rapid growth in the Chinese market in 2026 and 2027 [5] Group 2 - BYD is projected to sell 2.25 million pure electric vehicles in 2025, surpassing Tesla's expected deliveries of 1.64 million, marking a significant milestone in the electric vehicle market [7][8] - BYD's overall vehicle sales are expected to reach 4.6 million in 2025, with a year-on-year growth of approximately 8% [7] Group 3 - Wallmart's Sam's Club in China is expected to achieve sales of over 140 billion yuan in 2025, a 40% increase from the previous year, contributing to Walmart China's goal of reaching 200 billion yuan in sales by 2026 [23][24] - Sam's Club plans to open 10 new stores in 2025, bringing the total to 63, supporting its growth strategy through both same-store sales and new store openings [24] Group 4 - Wallmart's Sam's Club aims for a comparable store sales growth of 15% in 2026, driven by both existing store performance and new openings [23] - The strong performance of Sam's Club is expected to significantly enhance Walmart China's market position, making it a dominant player in the retail sector [23] Group 5 - Kimi, a Chinese AI startup, completed a $500 million Series C financing round, with a post-investment valuation of approximately $4.3 billion, indicating strong investor confidence [16] - The company reported a significant increase in overseas revenue, with a month-on-month growth of over 170% in paid users from September to November 2025 [16] Group 6 - Wallmart's Sam's Club in China achieved a record number of new store openings in 2025, contributing to its robust sales growth and market expansion strategy [24] - The company is leveraging its strong brand and operational efficiency to enhance its competitive position in the retail market [23]

Group 1 - Trump announced the capture of Venezuelan President Maduro by U.S. military forces, stating that the U.S. will "manage" Venezuela until a "safe" transition is implemented [2] - The military operation involved over 150 aircraft and lasted approximately 2 hours and 20 minutes, with no U.S. casualties or equipment losses reported [2] - Maduro and his wife are to be sent to New York for judicial proceedings, facing charges related to "deadly drug terrorism" against the U.S. [2] Group 2 - BMW China announced a price adjustment for 31 key models starting January 1, 2026, with 24 models seeing price cuts exceeding 10% and some up to 30.1 million yuan [3][4] - The price adjustment aims to reflect changes in the official guidance price, with the lowest model now priced at 20.8 million yuan, making it competitive with domestic SUVs [3][4] Group 3 - NIO's CEO Li Bin announced in a company-wide letter that three new models will be launched in 2026, aiming to increase market share in the high-end vehicle segment [6] - NIO reported a record delivery of 48,135 vehicles in December 2025, marking a 46.9% year-on-year increase [6] Group 4 - The wholesale reference price for 25-year-old Flying Moutai has dropped to 1,495 yuan per bottle, reflecting a decrease of 15 yuan from the previous day [7] - The price for a full box of the same product is now reported at 1,505 yuan per bottle, down 20 yuan [7] Group 5 - Tesla reported a global delivery of 1.636 million vehicles in 2025, a decline of approximately 8.6%, marking the first time it has been surpassed in annual electric vehicle sales by BYD [8] Group 6 - Netflix plans to shorten the theatrical release window for Warner Bros. films to 17 days post-acquisition, raising concerns among traditional cinemas and Hollywood creators [11] - The current standard release window is around 45 days, and negotiations are expected to be contentious [11] Group 7 - Baidu announced plans to spin off Kunlun Chip and seek independent listing on the Hong Kong Stock Exchange, with the application already submitted [12]

1月3日晚，小米CEO雷军举行了新年直播，直播中他与小米集团公关部总经理徐洁云、小米汽车副总裁 李肖爽回应了近半年对小米汽车的几乎所有负面质疑。 关于"绿化带战神" 徐洁云表示，就是有人在刻意收集这些视频，再加上恶意的剪辑，然后贴上"绿化带战神"这几个字的标 签，到处在推，这就是带节奏贴标签的过程。 让其感到愤慨的是，小米的车主收到了很多莫名其妙的账号的人身攻击，车主提了车，在社交媒体上做 一段分享，这本来是件特别好的事，但是评论区就碰到各种各样特别恶意的人身攻击，这让人真的非常 非常愤怒，针对这种非常典型的贴标签恶意攻击的水军行为，坚定的会和车主站在一起。 徐洁云还拿烟台警方最近破获的水军案举例，12个人控制8000多个账号。 雷军表示有时候在留言区、在直播间、在短视频平台上看到成千上万条信息，在骂小米、黑小米的时 候，那实际上背后就是几千人。 雷军认为骂小米确实有流量，但是一定要客观，不要故意抹黑，故意地断章取义，不要这样干，这样干 是违法行为。 "我们非常关注真实用户的声音，只要大家说的对的，我们都会认真的倾听，然后对于那些造谣抹黑的 攻击小米车主的行为，我们也绝对不会姑息，这个不仅仅是为了小米的声誉， ...

新浪科技讯 1月3日晚间消息，小米集团创始人、董事长、CEO雷军今日举行2026年第一场直播，雷军 表示，以往老觉得能把产品做好就行了。因为我是个工程师，我觉得好产品自己能说话。你拆开看一 看，你每个测试做一做，我原来以为就足以解决很多问题了，可是后来我发现了这个舆情，可能我没有 想那么简单。很多米粉朋友鼓励我们说，你们还是要回应，要及时辟谣，要及时解释。实话实说，过去 的大半年里面，扑面而来的各种质疑，使我们几个人都有点懵。 徐洁云提到，最近烟台警方也公布了一则信息，他们正在用了四个月的时间，打掉了一个专门炒作新能 源汽车负面信息的团伙。这个团伙不仅攻击小米，虽然我们了解可能攻击小米比较多，但其中除了小米 之外，也同样无差别的攻击其他的新能源品牌。烟台警方的一次就抓捕了12人，关停了他们操纵的八千 多个账号。 雷军表示，骂小米确实有流量，但是一定要客观，不要故意抹黑，故意断章取义，我觉得不要这样干， 这样干的是违法行为。我们非常关注真实用户的声音。只要大家说的对的，公允的，我们都会认真的去 倾听，认真的去改。 "我们不怕任何真实的用户对我们提各种各样的意见。如果这个错误或者这个不对，我们一定会去改。 但是这 ...

Core Viewpoint - Xiaomi has clarified the mechanical structure of the zoom ring in the Xiaomi 17 Ultra Leica version, refuting claims that it is merely software-controlled, emphasizing its complex and precise design [1][3]. Group 1: Product Details - The Xiaomi 17 Ultra Leica version features a mechanical zoom ring that operates through an external rotation, driving an internal gear system, which allows for precise control of zoom through physical movement [1][3]. - The starting price for the Xiaomi 17 Ultra is 6,999 yuan, which is an increase of 500 yuan compared to the previous Ultra model [1][3]. - The Xiaomi 17 Ultra Leica version is inspired by classic Leica cameras and offers customizable settings for users, such as adjusting EV and filters [1][3]. Group 2: Market Strategy - Goldman Sachs has noted that the launch of the Xiaomi 17 Ultra series reflects Xiaomi's ongoing strategy to move towards high-end products, with expectations of further penetration into the market segment priced above 6,000 yuan by 2026 [5]. - The company is also accelerating its AI development, with plans to integrate self-developed chipsets and software into future AI-native consumer devices [5]. Group 3: Leadership and Communication - Xiaomi's founder and CEO Lei Jun has highlighted the Xiaomi 17 Ultra Leica version as a significant breakthrough for the Ultra series and a reference point for the industry [4]. - A live stream event featuring Lei Jun was postponed due to illness, where he is expected to invite engineers to demonstrate the product [6].

Group 1 - Xiaomi has refuted claims regarding the "fake zoom ring" of the Xiaomi 17 Ultra Leica version, stating that the zoom ring's mechanical structure is complex and precise, involving a gear system that translates physical rotation into digital signals for zoom control [2] - The Xiaomi 17 Ultra was officially launched on December 25, 2025, with a starting price of 6,999 yuan, which is an increase of 500 yuan compared to the previous Ultra model [4] - The Xiaomi 17 Ultra Leica version features a design inspired by classic Leica cameras, with a zoom ring that allows users to adjust focal lengths, priced at 7,999 yuan for the 16GB+512GB version and 8,999 yuan for the 16GB+1TB version [4] Group 2 - Goldman Sachs' latest report indicates that the launch of the Xiaomi 17 Ultra smartphone series enriches the company's product line and reflects its ongoing high-end strategy, with expectations for further penetration into the market above 6,000 yuan in China by 2026 [5] - The report also highlights Xiaomi's accelerated AI development this year, with plans to integrate self-developed chipsets, the Surge OS, and the MiMo large language model into a potential AI-native consumer terminal expected to be released in 2026 [5] - Xiaomi's strong balance sheet, robust ecosystem integration capabilities, and cost advantages from deep supply chain involvement are expected to enhance its competitiveness in the electric vehicle sector, with a "buy" rating and a target price of 53.5 HKD assigned by Goldman Sachs [5]

小米辟谣"变焦环造假"。 1月2日晚间，小米公司发言人发文，对小米17 Ultra徕卡版变焦环结构原理进行说明。 小米表示，近日大量社交媒体账号发布视频，对某拆机博主的小米17 Ultra徕卡版拆机内容断章取义、 歪曲解读，称"变焦环造假，是软件调控"。这一说法，与事实严重不符。针对相关恶意歪曲、误导性传 播，原拆机博主本人已发布澄清内容。 小米创始人、董事长兼CEO雷军此前曾转发了一个 小米 17 Ultra 徕卡 版的测评视频，并表示这款产 品"是Ultra系列的一次新的突破，而对整个行业而言，这也是一种新的参考答案"。 高盛最新研报认为，小米最新发布的17 Ultra智能手机系列，使得公司产品线更丰富，反映小米持续推 进高端化策略；预期进入2026年，高端化仍是小米的首要任务，相信小米将进一步于中国渗透价位在 6000元以上的市场，并将加速发展海外高端产品市场。 高盛亦提到，小米今年加快AI发展，相信未来会将自研芯片组、澎湃OS及MiMo大语言模型整合到一个 可能于2026年发布的AI原生消费终端当中，继续看好集团在其人车家全生态战略下，仍处于多年生态 扩张的早期阶段，又指稳健的资产负债表、强大的生态整 ...

Core Viewpoint - Xiaomi has clarified the mechanical structure of the zoom ring in the Xiaomi 17 Ultra Leica version, refuting claims that it is a software-based feature and emphasizing its complex and precise design [2]. Group 1: Product Launch and Pricing - The Xiaomi 17 Ultra was officially launched on December 25, 2025, with a starting price of 6,999 yuan, which is an increase of 500 yuan compared to the previous Ultra model [4]. - The Xiaomi 17 Ultra Leica version features a design inspired by classic Leica cameras, with a zoom ring that allows users to adjust focal lengths. The pricing for the 16GB+512GB version is 7,999 yuan, and the 16GB+1TB version is priced at 8,999 yuan [4]. Group 2: Market Strategy and Analyst Insights - Goldman Sachs has noted that the launch of the Xiaomi 17 Ultra series enriches the company's product line and reflects its ongoing high-end strategy. The firm expects Xiaomi to penetrate the market for products priced above 6,000 yuan in China and accelerate its development of high-end products overseas by 2026 [5]. - The report also highlights Xiaomi's accelerated AI development this year, with expectations for the integration of self-developed chipsets, the Surge OS, and the MiMo large language model into a potential AI-native consumer terminal by 2026. The company is viewed positively due to its strong balance sheet, robust ecosystem integration capabilities, and cost advantages from deep supply chain involvement, enhancing its competitiveness in the electric vehicle sector [5].

新浪科技讯 1月3日上午消息，@小米公司发言人 发文回应"小米17 Ultra徕卡版变焦环造假"一事，称近 日大量社交媒体账号发布视频，对某拆机博主的小米17 Ultra徕卡版拆机内容断章取义、歪曲解读， 称"变焦环造假，是软件调控"。这一说法，与事实严重不符。针对相关恶意歪曲、误导性传播，原拆机 博主本人已发布澄清内容。 声明称，小米17 Ultra徕卡版的变焦环机械结构，复杂且精密，是通过旋转外部变焦环，带动内部的齿 轮组转动。齿轮组中的小齿轮带动齿轮轴运动，长焦模组侧边的光学位移传感器检测轴体位移，可精准 识别变焦环转动的角度，并将其转换为电信号，实现物理转动控制手机变焦的创新性交互。同时变焦环 还支持用户进行自定义设置，如调节EV，滤镜等。让不同的用户都可以选择自己最常用的调节参数。 责任编辑：尉旖涵 新浪科技讯 1月3日上午消息，@小米公司发言人 发文回应"小米17 Ultra徕卡版变焦环造假"一事，称近 日大量社交媒体账号发布视频，对某拆机博主的小米17 Ultra徕卡版拆机内容断章取义、歪曲解读， 称"变焦环造假，是软件调控"。这一说法，与事实严重不符。针对相关恶意歪曲、误导性传播，原拆机 博主 ...