Core Viewpoint - Xiaomi Auto is undergoing a significant transformation, moving from a crisis of public opinion to a notable achievement by entering the global top racing game, Gran Turismo, marking a pivotal moment for the company and the Chinese automotive industry [1][10]. Group 1: Partnership with Gran Turismo - On June 8, Xiaomi Auto announced a collaboration with Polyphony Digital, the developer of Gran Turismo, to feature the Xiaomi SU7 Ultra in the racing game GT7 [3]. - This partnership signifies the first time a Chinese brand's mass-produced vehicle has been included in Gran Turismo's history, breaking a nearly 30-year dominance of European and Japanese performance cars [5]. Group 2: Significance of Gran Turismo - Gran Turismo is recognized not just as a racing game but as a "digital test track" for vehicles, known for its realistic simulation of driving experiences, making it a valuable platform for automotive companies [6][8]. - The inclusion of the Xiaomi SU7 Ultra in Gran Turismo is seen as a major step for the Chinese automotive industry, showcasing its technological and cultural strengths [8][12]. Group 3: Recovery from Crisis - Following a severe trust crisis due to a high-speed car accident and subsequent vehicle return issues, the positive recognition from Xinhua News Agency represents a significant recovery for Xiaomi and its founder Lei Jun [10][12]. - The endorsement from a state media outlet highlights the importance of Xiaomi's role in revitalizing the automotive sector and pushing boundaries in the industry [12].

Group 1 - Latin America presents numerous untapped opportunities compared to the highly competitive Southeast Asia and Middle East markets, making it a potential "golden coast" for investment [2] - Chinese automotive companies have been eyeing the Brazilian market for over a decade, seeking the right strategy to penetrate the South American market [3] - The first meeting of the China-U.S. economic and trade consultation mechanism is taking place in the UK, with expectations for fruitful discussions [4][5] Group 2 - Changan Automobile has established a global presence with plans for 20 overseas factories, of which 9 are already operational, and has expanded into over 100 countries [6] - Xiaomi's SU7 Ultra will be featured in the Gran Turismo 7 game, marking the first time a Chinese car is included in the series [6] - SHEIN has denied reports of plans to increase its Indian supplier base from 150 to 1000 within a year [7] - Yigcloud Technology has completed a nearly 100 million yuan Pre-B round of financing, aimed at enhancing its AI-driven enterprise office support platform [7] - Jianlin Home plans to invest 319 million yuan to expand its production capacity in Thailand [7] Group 3 - China's exports in May increased by 4.8% year-on-year, while imports decreased by 3.4%, resulting in a trade surplus of 103.22 billion USD [8] - Trade with African countries reached a record high in the first five months of the year, with a 12.4% year-on-year increase [8] - The ASEAN region has become China's largest trading partner, with trade value growing by 9.1% in the first five months [8] - Exports of electric vehicles from China grew by 19% in the first five months, while industrial robots saw a significant increase of 55.4% [9]

Group 1 - BYD's General Manager Li Yunfei addressed recent controversies regarding "atmospheric pressure fuel tanks" and "car circle Evergrande," stating that the atmospheric pressure fuel tank solution used from 2021 to 2023 complies with regulations. Customer feedback led to a switch to high-pressure fuel tanks [1] - The company faced malicious reports from a competitor regarding high debt ratios and financial audits, which were confirmed to be unfounded by regulatory investigations [1] Group 2 - Avita announced that its cumulative sales have surpassed 150,000 units, with an average selling price exceeding 270,000 yuan [3] - In May, the promotional intensity for new energy vehicles decreased to a mid-high level of 11%, reflecting a 1.6 percentage point increase from the previous month, indicating a market recovery and reduced pressure from price wars [4]