Core Insights - Xiaomi's O1 team won the highest award at the annual technology awards, with a total of 154 projects competing for the prize [2] - Lei Jun announced a future R&D investment plan of 200 billion yuan over the next five years, emphasizing the importance of core technologies such as chips, operating systems, and AI [2][4] - The company has invested approximately 105 billion yuan in R&D over the past five years, exceeding its initial commitment of 100 billion yuan [2] R&D Investment - Xiaomi plans to invest 200 billion yuan in R&D over the next five years, focusing on core technologies to build a comprehensive ecosystem [2][4] - The company has a history of significant R&D investment, with over 7.5 million yuan awarded in total since the inception of the technology awards in 2019 [4][7] Technology Achievements - The O1 chip, developed by Xiaomi, features a GPU that reduces power consumption by 35% compared to Apple's chips and supports dynamic performance scheduling [4] - The O1 chip is manufactured using advanced 3nm technology, marking a significant milestone in Xiaomi's pursuit of core technology development [4] Awards and Recognition - The Xiaomi Technology Award has been upgraded to 10 million yuan, aimed at recognizing engineering teams that achieve industry-leading breakthroughs in core technologies [7] - The O1 team received the highest honor at the awards, with other notable projects also recognized, including the Xiaomi Super Steel and Xiaomi Smart Glasses [3][4]

Core Viewpoint - Xiaomi's CEO Lei Jun addressed various criticisms and controversies surrounding the company during a four-hour live stream, emphasizing the importance of fair and objective feedback while expressing frustration over misinformation and negative portrayals in the media [1][2][3][4]. Group 1: Response to Criticisms - Lei Jun highlighted that some critics exaggerate issues for attention, particularly regarding a teardown of Xiaomi's car, which was initially approached with a negative bias but ultimately revealed positive aspects [2]. - The company’s public relations manager stated that many negative videos about Xiaomi's vehicles are the result of malicious editing and labeling, which misrepresents the brand and leads to unwarranted personal attacks on its customers [3]. - Lei Jun expressed anger over claims that Xiaomi prevents farmers from selling millet, asserting that such accusations are unfounded and part of a smear campaign against the company [4]. Group 2: Commitment to Improvement - Lei Jun acknowledged the issue of small print in advertising as an industry-wide problem and committed to immediate changes to rectify this practice, emphasizing that compliance measures should not be misinterpreted as false marketing [4]. - The CEO refuted claims that Xiaomi employs 7,000 legal staff, indicating that the legal team is small and focused on combating misinformation and negative campaigns against the company [5]. Group 3: Product Features and Performance - Xiaomi's Vice President discussed the "super strong steel" used in their vehicles, confirming its high strength and inviting scrutiny to validate its quality [5]. - The company explained the "wheel drop" safety feature in their vehicles, clarifying that it is a deliberate design choice aimed at enhancing safety rather than a flaw [6]. - During winter testing, Xiaomi's YU7 outperformed competitors, achieving the best results in several categories, including range and energy consumption, compared to Tesla's Model Y [7]. Group 4: Future Goals - Lei Jun announced that Xiaomi delivered 410,000 vehicles in 2025 and set a target of 550,000 deliveries for 2026, indicating a focus on growth and improvement in the automotive sector [8].

Core Viewpoint - The CEO of Xiaomi, Lei Jun, addressed various criticisms and controversies surrounding the company during a recent live stream, emphasizing the importance of fair and objective feedback while expressing frustration over misinformation and negative portrayals in the media. Group 1: Response to Criticism - Lei Jun expressed hope that critics would provide fair assessments rather than exaggerate issues for attention, noting that some reviewers initially approached Xiaomi products with a negative bias but later acknowledged their quality [2] - The company’s public relations manager highlighted that many negative videos about Xiaomi's vehicles are the result of malicious editing and labeling, which misrepresents the brand and leads to unwarranted personal attacks on its users [3] - Lei Jun stated that the claim of Xiaomi preventing farmers from selling rice is unfounded and expressed anger over the misinformation, urging the public to report such false narratives [4] Group 2: Product Quality and Safety - Lei Jun acknowledged the controversy surrounding the "small print" in advertising, labeling it an industry issue that Xiaomi will rectify immediately, while clarifying that compliance practices should not be misconstrued as false marketing [4] - The company refuted claims of having 7,000 legal staff, emphasizing the need for a strong legal team to combat misinformation and protect its users [5] - Xiaomi's Vice President discussed the "super strong steel" used in their vehicles, asserting its high strength and inviting scrutiny to validate its claims [5] Group 3: Vehicle Features and Performance - The "wheel detachment" feature in the Xiaomi YU7 is described as a crucial safety strategy, designed to prevent more severe accidents by allowing the wheel to detach under certain conditions [6] - During winter testing, the YU7 outperformed competitors, achieving top rankings in several categories, including range and energy consumption, particularly in extreme cold conditions [7] - The company clarified that the repair costs for the YU7 are lower than perceived, as only specific parts need replacement after moderate collisions, reflecting a focus on maintainability in design [8] Group 4: Future Goals - Xiaomi aims to deliver 41,000 vehicles in 2025 and has set a target of 55,000 for 2026, indicating a commitment to growth in the automotive sector [8]

Core Viewpoint - Xiaomi's CEO Lei Jun addressed various online criticisms during a four-hour live stream, emphasizing the importance of fair and objective feedback rather than sensationalism for views [2][3][6]. Group 1: Response to Criticisms - Lei Jun expressed frustration over accusations that Xiaomi does not allow farmers to sell millet, asserting that he grew up in a rural area and would never support such a claim [7][16]. - The company is committed to addressing the issue of small print in advertisements, which Lei Jun described as an industry habit that needs immediate correction [7][20]. - Lei Jun welcomed constructive criticism regarding product design and materials, encouraging transparency and honesty from reviewers [4][6]. Group 2: Product Performance and Features - Xiaomi's YU7 model performed exceptionally well in winter tests, achieving the highest rankings in five categories, including range and energy consumption, outperforming competitors like Tesla [10][19]. - The YU7's design includes a safety feature called "wheel drop protection," which is intended to enhance safety during collisions [9][18]. - The company claims that the "Xiaomi super steel" used in the YU7 is one of the strongest materials in mass production vehicles, inviting scrutiny and testing from the public [8][17]. Group 3: Company Goals and Future Plans - Xiaomi aims to deliver 550,000 vehicles by the end of 2026, with a target of 410,000 deliveries for the year 2025 [10][20]. - Lei Jun highlighted the importance of maintaining a balanced approach to setting delivery targets, ensuring they are neither too ambitious nor too conservative [10][20].

Core Viewpoint - Xiaomi's founder and CEO Lei Jun held the first live stream of 2026, showcasing the disassembly of the Xiaomi YU7 vehicle and addressing controversies surrounding the "Xiaomi Super Steel" material used in the car [1][3]. Group 1: Product and Technology - The Xiaomi YU7 features "Xiaomi Super Steel," a material developed in collaboration with academic institutions, including a team led by Academician Wang Guodong and Northeast University, boasting a strength of 2200 MPa [1][3]. - Xiaomi claims that the strength of the "Xiaomi Super Steel" is among the highest in mass-produced vehicles, and Lei Jun expressed confusion over the sudden emergence of various doubts regarding this material [1][3].

Group 1 - Xiaomi's marketing strategy of "big words for promotion, small words for disclaimers" has drawn significant attention, particularly regarding the labeling of "2200MPa Xiaomi super steel" as a "project name" [2] - Xiaomi Automotive clarified that the term "Xiaomi super steel" refers to a material development project initiated by the company in collaboration with Northeast University and Yucaitang, and that the small print is meant to provide background information without affecting the material's properties [2] - The company emphasized that interpreting the "super steel project name" as merely a strong name is a misinterpretation [2] Group 2 - The "2200MPa Xiaomi super steel" is currently the highest strength hot-formed steel in mass production, with a 40% increase in tensile strength and a 24% increase in yield strength compared to 1500MPa hot-formed steel [3] - Xiaomi Automotive has applied this super steel in the Xiaomi YU7's door crash beams, resulting in a 52.4% increase in front door beam load capacity and a 37.6% increase in rear door beam load capacity [3] - Additionally, the A/B pillars of the Xiaomi YU7 incorporate the 2200MPa super steel, enhancing the load capacity of the A pillar by 35% and the B pillar by 70.5% [3] Group 3 - On October 1, Xiaomi reported that its automotive deliveries exceeded 40,000 units for the first time in September [4]

Core Viewpoint - Xiaomi's marketing strategy of "big words for promotion, small words for disclaimers" has sparked widespread attention, particularly regarding the labeling of "2200MPa Xiaomi Ultra Steel" as a "project name" rather than a product feature [2][3]. Group 1: Xiaomi's Explanation and Product Features - Xiaomi clarified that the term "Xiaomi Ultra Steel" is a project initiated by the company in collaboration with Northeast University and Yucaitang, and the small print serves as a background explanation without affecting the material's properties [2]. - The "2200MPa Xiaomi Ultra Steel" is currently the highest strength hot-formed steel in mass production, with a 40% increase in tensile strength and a 24% increase in yield strength compared to 1500MPa hot-formed steel [3]. - The application of this ultra steel in the Xiaomi YU7 model has resulted in a 52.4% increase in front door crash beam load capacity and a 37.6% increase in rear door crash beam load capacity [3]. Group 2: Industry Context and Consumer Perception - The phenomenon of "big words for promotion, small words for disclaimers" is noted as a common practice in the industry, with other companies also using similar tactics to comply with advertising regulations while potentially misleading consumers [3]. - Influencer Luo Yonghao commented on this practice, indicating that it is not unique to Xiaomi and that many companies have engaged in similar behavior, which he hopes will be eliminated from the industry [3]. Group 3: Recent Performance Metrics - Xiaomi reported that its vehicle delivery volume surpassed 40,000 units for the first time in September [5].

Group 1 - Deli Group issued an apology for the dismissal of an employee with a disability, confirming the situation was largely accurate and outlining corrective measures to prevent discrimination [3] - Huawei announced that Meng Wanzhou will serve as the rotating chairman from October 1, 2025, to March 31, 2026 [5] - Alibaba is reportedly in negotiations to acquire the top 13 floors of a building in Hong Kong for approximately HKD 7 billion (USD 899 million) [8][9] Group 2 - Xiaomi clarified that the "2200MPa Xiaomi super steel" label was misinterpreted, stating it is a project name for a material development initiative [5] - Kuaishou announced a restructuring of its local life services division, appointing Liu Xiao as the new head [12] - Yushun Technology reported that it has addressed most security vulnerabilities in its robots and will continue to improve permission management [12] Group 3 - New tea beverage brands are rapidly expanding overseas, with Bawang Tea Ji set to open its 200th store in Malaysia and Heytea surpassing 100 international locations [15] - OpenAI reported a revenue of USD 4.3 billion for the first half of the year, a 16% increase compared to the previous year [22] - Nvidia's CEO Huang Renxun sold 225,000 shares, cashing out over USD 40 million [19] Group 4 - The Chinese passenger car new energy market saw retail sales of 1.039 million units from September 1 to 27, a 9% year-on-year increase [27][28] - Faraday Future reported a fire at its U.S. headquarters, ruling out the possibility of battery-related ignition [19] - Tesla plans to mass-produce its third-generation humanoid robot by 2026, aiming for an annual output of 1 million units by 2030 [19]