2月27日，雷军发文：《刚刚直播完，给大家汇总下今天的直播内容》 小米汽车安全专场直播，内容如下： 1. 今天在小米汽车电池工厂直播，位于北京亦庄的小米汽车工厂内。小米汽车工厂是一个综合体，除了 具备传统的四大工艺车间：冲压、焊接、涂装、总装，还有今天直播的电池工厂、压铸工厂，以及小米 汽车试验室、体验中心和交付中心 。今天所在的电池工厂，是小米自建的完整电池Pack工厂，自制电 池Pack，占地面积9855平米，具备从电芯来料、到模组、到Pack的全工艺流程。有5条自动化工序：电 芯段、模组段、Pack段、检测段、机运段。 2. 2023年12月28日，小米汽车第一次技术发布会，我们就提出了"安全高于一切"。我们坚持十倍投入， 就是为了造一台安全的好车。我们认为，用户是一切的出发点，安全是一切的基础和前提，安全高于一 切。造一台安全的好车，一直是我们的初心，小米汽车的目标就是做同档最安全的车。 3. 小米汽车在安全上的投入非常坚决，安全相关的团队超过3500人，介绍几个关键部门：小米汽车安全 委员会，是小米汽车安全最高的决策组织，拥有一票否决权；全域安全部，在产品开发阶段识别风险、 规避风险，保障交到用户手 ...

Core Insights - Xiaomi's founder Lei Jun is personally involved in the testing of the new SU7 model, demonstrating his commitment to product quality and performance [1][3] - The new SU7 is set to launch in April 2023, with a focus on creating a desirable vehicle for consumers [3] Group 1: Product Development - Lei Jun has participated in multiple testing sessions for the SU7, including a high-speed test drive from Beijing to Shanghai, indicating a hands-on approach to quality control [1] - The SU7 is available for pre-order, with three versions offered: Standard, Pro, and Max, priced at 229,900 yuan, 259,900 yuan, and 309,900 yuan respectively [3] Group 2: Market Strategy - The company aims to ensure that every vehicle delivered meets the highest standards, reflecting a strong emphasis on customer satisfaction and product excellence [3]

回顾初代小米SU7的发展历程，该车于2024年3月28日正式发布，提供标准版、Pro版和Max版三个版 本，售价分别为21.59万元、24.59万元和29.99万元，凭借出色的性能和性价比，迅速在市场上占据一席 之地。 随着初代车型的停产，新一代SU7也备受关注。雷军在直播中透露，新一代SU7预计将于2026年4月上 市，同样提供标准、Pro、Max三个版本，预售价分别为22.99万元、25.99万元和30.99万元。 站长之家（ChinaZ.com）2月11日 消息:昨日，小米CEO雷军开启2026年开年以来的第五场直播。直播 中，雷军带来一则重磅消息:最后一辆初代小米SU7已量产下线，目前正在运送途中，即将安排车主提 车，此举标志着初代小米SU7正式停产。 雷军介绍，初代小米SU7自发布以来市场表现亮眼，累计交付量已接近37万辆。而购买这最后一辆初代 SU7的车主身份特殊，是一位50多岁的资深"米粉"，从事石油行业，曾长期在国外生活，回国后便毫不 犹豫地选择了小米汽车。雷军透露，这位车主对小米品牌感情深厚，坚持选购初代SU7，还特别指定要 橄榄绿配色。 ...

Core Viewpoint - The Hong Kong stock market continues its rebound, with major indices showing positive performance, particularly in technology and gold sectors [1] Group 1: Market Performance - The Hang Seng Technology Index rose by 1.3% at one point, ultimately closing up by 0.9% [1] - The Hang Seng Index and the China Enterprises Index increased by 0.31% and 0.28% respectively, marking a six-day rally for all three indices [1] Group 2: Sector Highlights - Large technology stocks are recovering, with Xiaomi experiencing a peak increase of 5.4% during trading [1] - The gold sector saw significant gains, with January gold jewelry prices rising by 77.4% year-on-year, leading to a notable increase in gold stocks; Zijin Mining surged by 9% and Lingbao Gold rose nearly 8% for three consecutive days [1] - The construction materials sector is expected to see a moderate recovery in profitability, with China National Building Material rising by 11.46%, leading gains in the building materials and cement stocks [1] Group 3: Company-Specific Movements - BYD Company saw a 3.5% increase, leading the automotive sector in sales in Australia for January [1] - AI application concept stocks mostly rose, with Kingsoft Cloud and Bilibili leading the gains [1] Group 4: Weak Performers - Film stocks, which had previously outperformed, collectively retreated, while semiconductor stocks showed weakness, with SMIC falling over 2% due to Q4 earnings falling short of expectations [1] - Insurance, aviation, and restaurant stocks are collectively stabilizing at lower levels [1]

2月11日消息，今日早间，雷军发文表示，前几天随着最后一辆车下线，初代SU7 正式停产。 据统计，第一代SU7从2024年4月开始交付到2026年2月，不到2年时间，交付总量超过了38.1万辆。 雷军表示，新一代SU7，预计4月份上市，一定把车做好，做成所有人向往的梦想之车。 责任编辑：李思阳 2月11日消息，今日早间，雷军发文表示，前几天随着最后一辆车下线，初代SU7 正式停产。 据统计，第一代SU7从2024年4月开始交付到2026年2月，不到2年时间，交付总量超过了38.1万辆。 雷军表示，新一代SU7，预计4月份上市，一定把车做好，做成所有人向往的梦想之车。 责任编辑：李思阳 ...

Group 1 - BMW plans to launch nearly 20 new or updated models in the Chinese market by 2026, including the new generation BMW iX3 long-wheelbase version, which will be officially unveiled at the Beijing Auto Show in 2026 and is expected to be launched in the second half of this year [2] - Leap Motor's COO Xu Junbo stated that the company's target for 2026 is to sell 1.05 million vehicles, emphasizing a focus on efficiency and stability rather than chasing explosive growth [2] - IM Motors' co-CEO Liu Tao publicly apologized to Tesla for previous comments regarding a traffic accident, clarifying that the accident was not caused by Tesla's brake failure, thus correcting his earlier statements [2] - Xiaomi's founder Lei Jun announced that the new generation SU7 is expected to launch in April 2026, with pre-orders already open, highlighting significant upgrades in driving experience and control systems [2] - Xiaopeng Motors officially unveiled its first six-seat SUV, the Xiaopeng GX, which is built on the SEPA 3.0 architecture, claiming to resolve long-standing issues in six-seat SUVs [2]

Market Overview - The Hong Kong stock market indices collectively rose in the afternoon, with the Hang Seng Technology Index initially dropping to a new low of 1.8% but ultimately closing up by 0.74%, ending a five-day losing streak [1] - The Hang Seng Index and the Hang Seng China Enterprises Index increased by 0.14% and 0.5%, respectively, as market sentiment improved, with net inflows from southbound funds exceeding HKD 22 billion [1][16] Sector Performance - The restaurant sector saw significant gains, with New Enjoy Era rising over 22%, and other sectors such as new consumption concepts, dairy products, and beer stocks also performing well [2][5] - Conversely, semiconductor stocks continued to decline, influenced by a sharp drop in AMD shares, with companies like Zhaoyi Innovation and SMIC falling by over 4% and nearly 2%, respectively [2][14] Notable Stocks - Major technology stocks such as Xiaomi and Baidu rose nearly 3%, while Meituan increased by nearly 2%, indicating a recovery in the tech sector [3] - New Enjoy Era's stock price surged to HKD 0.295, marking a 22.92% increase, while Yum China reported total revenue of USD 11.797 billion for 2025, a 4% year-on-year growth [5][6] Consumer Sector - New consumption stocks like Miniso and Mao Geping saw increases of over 6% and 5%, respectively, reflecting positive market sentiment in the consumer sector [6][7] - Miniso announced a share buyback of 51,300 shares at a price between USD 4.5575 and USD 4.6275 [7] Automotive Sector - Automotive stocks showed signs of recovery, with APOLLO rising over 3% and companies like Xiaomi and NIO increasing by over 2% [8][9] Commodity and Energy Sectors - The copper sector faced declines, with China Northern Rare Earth falling over 9%, and Morgan Stanley maintaining a cautious outlook on copper prices due to high global inventories and low demand [10][11] - The photovoltaic sector also experienced downturns, with companies like Lens Technology and GCL-Poly Energy dropping over 4% and 3%, respectively, amid regulatory concerns in the industry [12][13]

Core Viewpoint - The January 2026 performance of the new energy vehicle market was relatively flat, but new forces in the industry showed better year-on-year performance compared to the overall market [3]. Group 1: January Delivery Data - Leap Motor delivered 32,059 vehicles in January, a year-on-year increase of 27.4% but a month-on-month decrease of 31.9% [2]. - Li Auto delivered 27,668 vehicles, down 7.5% year-on-year and down 37.5% month-on-month [7]. - NIO delivered 27,182 vehicles, marking a significant year-on-year increase of 96.1% but a month-on-month decrease of 14.2% [6]. - Zeekr delivered 23,852 vehicles, with a year-on-year increase of 99.7% and a month-on-month decrease of 9.3% [8]. - Xpeng delivered 20,011 vehicles, down 34.1% year-on-year and down 38.0% month-on-month [5]. - Xiaomi delivered over 39,000 vehicles in January [8]. Group 2: Market Performance Analysis - The total retail market for narrow passenger cars in January was approximately 1.8 million units, a month-on-month decrease of 20.4% but a slight year-on-year increase [3]. - The new energy vehicle retail market is expected to reach 800,000 units, with a penetration rate of 44.4% [3]. - The five sample new force car companies (excluding Xiaomi and Aion) delivered a total of 130,772 vehicles, a year-on-year increase of 17.5% but a month-on-month decrease of 28.0% [3]. Group 3: Company-Specific Insights - Leap Motor's growth is attributed to strong product offerings like the C10 and B01, with plans to launch new models in 2026 [4]. - Xpeng's delivery decline is noted, but the company plans to launch multiple new models in 2026 [5]. - NIO's delivery increase is supported by strong sales of the ES8 and new software updates enhancing user experience [6]. - Li Auto's stable sales are backed by the L series, with ongoing expansion in the charging infrastructure [7]. - Zeekr's growth is driven by the success of the 7X model and plans for new model launches [8]. Group 4: Industry Trends - The smart driving technology is accelerating, with companies like Xpeng and Huawei leading the charge in promoting intelligent driving features [9]. - The industry is expected to see a shift towards more affordable smart driving solutions, enhancing competitiveness against joint venture brands [9]. - The rise of intelligent capabilities is becoming a critical factor in competition among automakers, with a focus on autonomous driving and user acceptance [10].

小米创办人雷军今日微博发文：#新一代SU7# 定位新时代驾驶者之车，驾控体验进一步提升，从容驾 驭，精准稳定。底盘大升级，驾驶质感更出色；智能电控系统，操控更精准稳定。预计2026年4月上 市，小订现已开启。 责任编辑：王翔 小米创办人雷军今日微博发文：#新一代SU7# 定位新时代驾驶者之车，驾控体验进一步提升，从容驾 驭，精准稳定。底盘大升级，驾驶质感更出色；智能电控系统，操控更精准稳定。预计2026年4月上 市，小订现已开启。 责任编辑：王翔 ...

Domestic News - As of February 4, 360 million drivers in China have successfully applied for electronic driving licenses, allowing them to present their licenses via mobile phones without needing physical copies [2] - China has released a total of 88 mandatory national standards related to automotive safety, including revised standards for electric vehicles and battery safety, enhancing safety requirements for power batteries [3] - The China Association of Automobile Manufacturers (CAAM) projects that by 2025, automobile exports will reach 8.324 million units, a year-on-year increase of 29.9%, with export value reaching $142.46 billion, up 21.4% [4] - Beijing plans to establish 42 supercharging stations by 2025 across 12 highway service areas, with current service areas having 530 charging piles and 674 charging spaces, representing 26% of small car parking spaces [5] International News - In December, Germany's mechanical manufacturing orders fell by 5% year-on-year, primarily due to weak demand from non-Eurozone countries, despite a 7% increase in domestic orders [6] - South Korea's electric vehicle exports to the U.S. plummeted by 86.8% in 2025, totaling 12,166 units, significantly impacted by U.S. tariffs and subsidy cuts [8] Corporate News - The State Administration for Market Regulation has unconditionally approved the establishment of a joint venture between CATL and Chery Automobile [11] - Lin Mi, former CEO of Yundu Automobile, is reportedly starting a new venture focused on AI and robotics in industrial applications, with a core product being an AI spraying robot [12] - Xiaomi's CEO Lei Jun announced that the new generation SU7 will begin arriving in stores starting February 13, with initial displays in major cities [13] - BYD is set to launch its first B-class pure electric SUV, the Song Ultra EV, as announced by the sales manager of BYD's Dynasty Network [14] - Qianli Technology has submitted an application for an L3-level intelligent driving test license, indicating readiness for testing and validation [15] - GAC Honda's new Fit model has sold out, with no further production planned after reaching an order limit of 3,000 units [16]