9月25日晚7点，雷军年度演讲在北京启幕。这是雷军第六次年度演讲。 雷军在演讲中提到小米V8s超级电机称，"这个电机甚至是在我们自己的工厂自己造的，连代工厂都没用，你们知道为啥吗？因为我只要用了代工厂，他 们又说，这个技术是供应商技术，哎呀，真的气死你。" 在发布会上，雷军发布全新小米17系列手机，起售价4499元。 据极目新闻报道，9月25日晚，微博显示王腾正在收看雷军演讲直播。9月8日，原小米中国区市场部总经理、REDMI品牌总经理@王腾Thomas 因泄密被 辞退。 值得注意的是，9月25日午后，小米集团股价大幅拉升，收涨4.48%，每股报59.45港元，总市值1.55万亿港元。 雷军：不少人对小米有偏见 我陷入了严重的内耗 雷军表示，"今年是我们小米创办15周年，在15周年之际，小米在汽车、芯片领域连续两次的重大突破，让很多人刮目相看。感觉小米好像一夜之间呢， 换了一家公司。其实，这些改变都来自于5年前那次触及灵魂深处的反思。2020年，小米迎来了自己的十周年，那个时候的我们上市已经两年时间，年收 入也突破了两千亿，成功地跻身了世界500强的行列。在很多人眼里，小米已经非常非常成功了。但是，在我内心却 ...

红星资本局9月25日消息，今日19时，小米创办人、董事长兼CEO雷军发布第6次年度演讲，主题是《改变》，分享小米近五年的发展历程，重点讲述小米 造车与玄戒芯片项目的背后故事。 雷军在演讲中表示，苹果三星华为曾是大山，网上对小米的质疑批评让其陷入严重内耗。他还表示，芯片是小米走向成功的必由之路，自研手机SoC，至 少要坚持十年、至少投入五百亿。 对于外界特别关注小米造车四年，雷军提到，小米SU7Ultra对标保时捷和特斯拉，今年年初内部买了三台Model Y拆解学习，称确实是好车，如果各位不 选Yu7的话，可以考虑一下ModelY或理想L6。 雷军年度演讲：苹果三星华为曾是大山 曾因质疑陷入严重内耗 今年雷军的年度演讲主题是"改变"。他表示，"今年是我们小米创办15周年，在15周年之际，小米在汽车、芯片领域连续两次的重大突破，让很多人刮目 相看。其实，这些改变都来自于5年前那次触及灵魂深处的反思。" 雷军在演讲中表示，小米十周年之际，自己的内心曾充满焦虑：小米所处的行业中，苹果、三星、华为如同几座无法逾越的大山。"网上充斥着各种质 疑、批评，甚至是攻击。说实话，有很多人对小米不理解，甚至是固有的偏见，比如组装厂 ...

雷军复盘小米造芯 9月25日晚7点，雷军年度演讲在北京启幕。雷军复盘小米造芯历程表示，5年前，小米进行了一次触及 灵魂深处的大反思。当时小米已经进入世界500强。但是雷军内心有"难以言说的焦虑"。 具体来看，当时苹果、三星、华为近乎成为无法逾越的大山，小米是躺平认命还是继续打拼，成为新的 选择题。小米团队中很多人也觉得累了，想停一停。同时，网络平台充满各类质疑、批评甚至攻击，例 如说"小米只会营销""小米就是组装厂""小米没有技术"等等。 小米通过复盘，最终决定持续投入底层核心技术，坚定从互联网公司走向硬核科技公司，坚定未来投入 千亿元研发。"从此，小米基因开始重塑，技术为本，重新创业热情被完全点燃。"雷军说。 雷军表示，玄戒O1成功还只是第一步，距离最终成功还有很远的路要走。 新华财经北京9月25日电小米集团CEO雷军在发布会上发布全新小米17系列手机，起售价4499元 （12GB+256GB）。此外，12GB+512GB版本售价为4799元，16GB+512GB版本售价为4999元。9月27 日10点，正式开售。 小米17Pro Max系列手机同步发售，采用全新"超级像素"低功耗屏，起售价5999元。 小 ...

【导读】雷军最新发声：小米非常非常缺人 中国基金报记者 晨曦 雷军，最新发声！ 9月25日，"小米非常非常缺人"的词条冲上微博热搜榜首位。 9月25日中午，小米创办人、董事长兼CEO雷军在微博视频号上发布第三条"雷军请回答"的 视频。在视频中，他回答了"小米创立15周年，最重要的事是什么？""为什么你还在工作一 线？""怎么看待小米受到的质疑？"等多个问题。其中，雷军提及，"这些年小米一直在创 业，成长也实在太快，非常非常缺人"。 以下为视频的主要内容： Q： 今年是小米十五周年，你认为最重要的事是什么？ 雷军： 就是两件事：第一是找人，第二是攒钱。厉害的人足够多，才能干成事；攒的钱足够 多，才能集中精力办大事。 Q： 这么多年，为啥你还在工作一线？ 雷军： 这些年小米一直在创业，成长也实在太快，非常非常缺人。这几年我们一直致力于内 部的提拔和外部的招募，已经有非常多的人才帮我分担了大量压力，也欢迎更多的人加入小 米。 Q： 这些年你们受到很多质疑，你怎么看？ 据雷军置顶微博显示，此次2025年度演讲为雷军举办的第6次演讲，主题是《改变》。雷军 将分享小米玄戒芯片和小米汽车背后的故事。 雷军： 这就是我们比较 ...

Core Insights - Lei Jun, the founder and CEO of Xiaomi, emphasized the company's significant need for talent during a recent video address, stating that Xiaomi is "very, very short of people" as it continues to grow rapidly [3][7]. Group 1: Talent Acquisition and Company Growth - The two most important tasks for Xiaomi are finding talent and accumulating financial resources to focus on major projects [6]. - Xiaomi has been actively promoting internal talent and recruiting externally to alleviate pressure on leadership [7]. - The company has experienced rapid growth, which has led to challenges in managing its workforce effectively [3][7]. Group 2: Addressing Criticism and Market Perception - Lei Jun acknowledged that Xiaomi's innovative business model has faced skepticism, but he believes that the company is changing perceptions through its actions [8]. - The launch of smart factories for mobile phones and cars has helped to counter negative perceptions of Xiaomi as merely an "assembly factory" [8]. Group 3: Product Development and Future Plans - Lei Jun indicated that while Xiaomi's high-end product strategy is progressing, it is too early to declare success [9]. - The upcoming launch of the Xiaomi 17 series and other high-end products is highly anticipated, with a focus on significant upgrades without increasing prices for certain models [14]. - The Xiaomi 17 series will feature the latest Surge OS 3 system, which has seen considerable improvements [14]. Group 4: Annual Speech and Strategic Vision - The 2025 annual speech by Lei Jun is set to cover the themes of change and innovation, including insights into Xiaomi's chip and automotive ventures [11][17]. - Lei Jun compared the challenges of entering the automotive and semiconductor industries to the pressures of supporting two children in college, highlighting the magnitude of the undertaking [19].

Core Points - Xiaomi's CEO Lei Jun announced a streamlined annual presentation and product launch event, expected to last around 2.5 hours [1][2] - The event will feature the launch of the Xiaomi 17 series, Xiaomi Pad 8 series, and several high-end "Xiaomi Tech Appliances" [1][2] - The Xiaomi 17 standard version will see significant upgrades without a price increase, while the Pro and Pro Max versions will have higher positioning with prices to be announced [1][2] - The Xiaomi 17 series will come equipped with the latest Surge OS 3, with improvements made by the software team [1][2] - A notable high-end speaker from the new appliance lineup has received positive feedback from Lei Jun [1][2] - The Xiaomi 17 series will globally debut the fifth-generation Snapdragon 8 processor, built on a 3nm process, boasting a peak frequency of 4.6GHz [5][6][7] - Xiaomi's recent financial performance shows a record revenue of 115.96 billion RMB for Q2 2025, a 30.5% year-on-year increase, and a net profit of 10.83 billion RMB, up 75.4% [17]

关于小米17系列的价格，雷军表示，小米17标准版，在大幅升级的同时"加量不加价"；小米17 Pro和小 米17 Pro Max定位会继续上探，定价晚上公布。 （文章来源：每日经济新闻） 每经AI快讯，9月25日，雷军在微博发文称，今晚的演讲+发布会时长会控制在3小时以内，大约2个半 小时。上半场是年度演讲，下半场将发布小米17系列、小米平板8系列，以及一批"小米科技家电"高端 新品。 ...

9月25日，小米集团创始人雷军今日通过社交媒体宣布，将于今晚举办年度演讲及新品发布会，活动总 时长预计控制在2.5小时以内。此次发布会分为上下半场，上半场为雷军年度演讲，下半场将推出小米 17系列手机、小米平板8系列及一批"小米科技家电"高端新品。 据透露，小米17标准版在配置升级的同时将维持原价策略，而小米17 Pro与Pro Max版本定位进一步上 探，具体价格于今晚公布。全系新品将预装澎湃OS 3系统，雷军表示系统团队在软件体验上实现明显 进步。 此次发布会中的家电产品线亦受关注，雷军特别提及一款高端音箱产品，称其体验出色。在演讲内容方 面，雷军表示，办演讲最难的是坚持。年度演讲是每年一次和朋友们深度交流的机会。 ...

Group 1: Product Launches - Xiaomi Group held its 15th anniversary strategic product launch event, introducing several new products including the Xiaomi 15S Pro smartphone, Xiaomi Civi 5 Pro, Xiaomi Pad 7 Ultra, Xiaomi Watch S4 eSIM version, and Xiaomi YU7 car, along with multiple IoT products [1] - The Xiaomi 15S Pro smartphone and Xiaomi Pad 7 Ultra are powered by the self-developed 3nm Xuanjie O1 processor, featuring a "ten-core four-cluster" architecture and the latest Arm Immortalis-G925 GPU [1] - The Xiaomi Watch S4 eSIM version is equipped with the Xuanjie T1 watch chip, which integrates Xiaomi's first 4G baseband [1] Group 2: Automotive Developments - The Xiaomi YU7, positioned as a luxury high-performance SUV, features a maximum power of 690PS and a top speed of 253 km/h, with a range of up to 835 km [2] - The YU7 includes advanced intelligent features such as a four-in-one domain controller, NVIDIA Thor chip for assisted driving, and multiple sensors for enhanced safety and performance [2] - Cumulative deliveries of the Xiaomi SU7 series have exceeded 258,000 units, with over 28,000 units delivered in April 2025 alone [2] Group 3: Strategic Vision and Market Position - Xiaomi's "human-vehicle-home ecosystem" strategy is now fully integrated, with significant growth in home appliances, achieving over 100% year-on-year sales growth in Q1 2025 [3] - The company has a comprehensive layout across multiple hardware categories, including smartphones, PCs, wearables, smart home devices, and automobiles, positioning itself favorably in the emerging edge AI era [3] - The integration of AI software capabilities, represented by the Super Xiao Ai, and AI core hardware capabilities, represented by the Xuanjie O1, is expected to enhance Xiaomi's market position [3] Group 4: Financial Outlook - The company maintains its existing profit forecasts, with the current stock price corresponding to a 2025/2026 adjusted net profit P/E ratio of 31.9/23.1 times [3] - The target price is set at HKD 70.0, reflecting a potential upside of 31.6% compared to the current stock price [3]