Financial Data and Key Metrics - The company expects a double-digit growth in overseas markets, potentially between 10% to 20% [2] - Domestic market revenue is expected to remain flat [2] - Free brand business is projected to grow by 10% to 20% [2] - Medical sector is expected to see a high single-digit to low double-digit growth, excluding additional R&D investments [2] - Capital expenditure for 2024 is estimated to be around 1 billion, similar to 2023 [2] - The company aims to maintain a dividend payout ratio of around 35% [2] Business Line Data and Key Metrics - Growth in 2024 is expected to be driven mainly by disposable products, while refillable products may see a slight decline [1][2] - Cannabis vaporizers are expected to maintain a growth rate of over 20% [2] - The company is investing in new product lines, particularly in medical and beauty sectors, with expected returns in 2025 and 2026 [2][3] Market Data and Key Metrics - The US market saw a decline in the second half of 2023 due to the impact of non-compliant disposable products [6] - The company is preparing for potential bans on disposable products in Europe and the US by developing new product lines [4][5] - The company's free brand, VAPORESSO, is expanding in Europe with new product offerings [5] Company Strategy and Industry Competition - The company is focusing on differentiated products and new technological routes to stay competitive [1] - It is preparing for potential regulatory changes in Europe and the US by diversifying its product portfolio [4][5] - The company is investing in R&D to develop new solutions and technologies, particularly in the medical and beauty sectors [2][3] Management Commentary on Operating Environment and Future Outlook - The company is optimistic about future growth, particularly in 2025 and 2026, as new product lines mature [2][3] - Management is cautious about the regulatory environment in the US and Europe, particularly regarding disposable products [1][4] - The company is prepared to adapt to market changes and regulatory shifts by leveraging its R&D capabilities [4][5] Other Important Information - The company has a strong cash position, with cash and deposits totaling approximately 16 billion [5] - It is open to increasing share buybacks if necessary [5] - The company uses a mix of USD and RMB for customer settlements, with complex arrangements for large clients [6] Q&A Session Summary Question: Trends for refillable and disposable products in 2024 - Disposable products are expected to drive market growth, while refillable products may see a decline due to regulatory pressures [1] Question: CBD growth trends in 2024 - CBD growth is expected to recover in the second half of 2024, driven by new product launches and market recovery [2] Question: Cash flow, capital expenditure, and dividend guidance for 2024 - The company expects strong cash flow, with capital expenditure similar to 2023 and a dividend payout ratio of around 35% [2] Question: Revenue and profit guidance for 2024 - Revenue is expected to grow in overseas markets, while domestic revenue remains flat. Profit growth is expected to be in the high single-digit to low double-digit range, excluding medical R&D investments [2] Question: Impact of US flavor ban and FDA enforcement - The company is cautious about FDA enforcement and the potential impact of flavor bans, but remains optimistic about its product portfolio [4] Question: New product launches in Europe - The company is preparing to launch new products in Europe, including larger-capacity refillable products, to adapt to potential bans on disposable products [4] Question: Pricing pressure from large clients - Pricing pressure from large clients is decreasing as the focus shifts to differentiated products and innovation [5] Question: R&D investment in HMB market - The company is investing in R&D to develop new solutions and technologies, particularly in the HMB market, with expected returns in the future [5] Question: Free brand strategy in Europe - The company is expanding its free brand, VAPORESSO, in Europe with new product offerings, including bottled e-liquids [5] Question: Share buyback plans - The company is open to increasing share buybacks if necessary, given its strong cash position [5] Question: US market decline in H2 2023 - The decline in the US market in H2 2023 was due to the impact of non-compliant disposable products and changes in customer stocking patterns [6] Question: Currency settlement arrangements - The company uses a mix of USD and RMB for customer settlements, with complex arrangements for large clients [6]

Financial Data and Key Metrics Changes - The company's total revenue for Q1 2024 was RMB 160 billion, representing a year-on-year growth of 6% and a quarter-on-quarter growth of 3% [41] - Gross profit reached RMB 84 billion, showing a year-on-year increase of 23% and a quarter-on-quarter increase of 8% [41] - Non-IFRS operating profit was RMB 59 billion, up 30% year-on-year and 19% quarter-on-quarter [41] - Non-IFRS net profit attributable to shareholders was RMB 50 billion, reflecting a year-on-year growth of 54% and a quarter-on-quarter growth of 18% [41] Business Line Data and Key Metrics Changes - The gaming segment saw a mixed performance, with flagship games like "Honor of Kings" and "Peacekeeper Elite" experiencing revenue declines in Q1, but showing signs of recovery in March with year-on-year growth [44][45] - The advertising revenue from online ads was RMB 26.5 billion, a year-on-year increase of 26%, driven by increased engagement and AI ad targeting [26] - The revenue from financial technology and business services was RMB 52 billion, showing a year-on-year growth of 7% [27] Market Data and Key Metrics Changes - Domestic game revenue grew by 3% year-on-year, indicating a general recovery trend [42] - International game revenue also increased by 3% to RMB 14 billion, remaining stable in constant currency terms [42] - The video account user engagement time grew by 80% year-on-year, with video accounts now having double the engagement time compared to Moments [38] Company Strategy and Development Direction - The company is focusing on high-quality revenue sources, including video accounts, mini-games, and e-commerce technology service fees, to drive growth and operational profit [45] - There is an ongoing commitment to repurchase shares, with plans to buy back over RMB 100 billion worth of shares in 2024 while also increasing dividends [45] - The company is investing in AI, platform enhancements, and high-production-value content to support future growth [45] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ongoing recovery of game revenues and the positive impact of structural changes on reducing business risks [31] - The company anticipates that the growth rate of advertising revenue will slow down in subsequent quarters, aligning more closely with market consensus expectations [5] - Management highlighted the importance of maintaining a focus on high-quality growth strategies and the potential for sustained profit margins across various business segments [32] Other Important Information - The company upgraded its advertising technology platform to help advertisers manage campaigns more effectively, resulting in a 100% year-on-year increase in video account ad revenue [2] - The company is seeing strong growth in wealth management services, with an increase in user numbers and average fund investments [14] Q&A Session Summary Question: How does the company view the future potential and growth plans for key games? - Management noted that they have been updating key games successfully and are confident in the ongoing process, learning from past experiences [6] Question: What are the expectations for profit growth and margin trends in the coming years? - Management clarified that they are pursuing a strategy of investing in platform development and user experience while gradually achieving profitability [6] Question: How does the company plan to leverage AI in its advertising business? - Management believes that AI will significantly enhance ad targeting and management, leading to improved click-through rates and overall ad revenue growth [29]

时间：2024年5月9日 嘉宾：陆总 纪要核心要点 1.经营情况：24年一季度订单量同比下降30%，客单价下降十几个点，去除23年一季度高基数影响依旧疲软，没有明 显向上或向下的迹象。 2.市场竞争：行业早就是充分竞争，不担心新上市竞对加剧竞争环境，预计头部品牌有集中机会，没有大规模降价的 紧迫性。 3.未来增长：增长点主要来自门槛降低后加盟店增长和海外扩张，期待国内需求修复。 纪要正文 一、经营情况： 从2021年8月开始，尽管疫情相对稳定，但收入下滑非常快。22 年当然都很差。23年一季度相对乐观，因为看到恢复 速度非常快，一直到 4 月份表现都是很好的，五一之后市场持续疲软，到现在24 年的 5 月份没有变得更烂，但也没 有好转迹象。2024年1-5月市场很疲软，也有去年高基数影响，抛去以后还是不行。未来走势不好说，向上向下都没 有明显痕迹。 二、未来展望： 公司过去节流已经做的很多了：自动化改造减少了全职员工，转而使用兼职员工；降低了培训需求和损耗，优化了供 应链管理等 接下来要做的是开源： ① 加盟商方面：下线城市的加盟是一个新增长点，目标是今年开设数百至1000家加盟店（实际可能无法达到），目 前 ...

Financial Data and Key Metrics Changes - The industry experienced a growth rate of approximately 10% in revenue, with national registration numbers increasing by about 13%-14% [1][2] - The company aims to maintain a pass rate of 10%, with profit margins expected to reach 18% this year, 20% next year, and a target of 25% [4][6] Business Line Data and Key Metrics Changes - The company has three main product lines: membership services, large classes, and small classes, with the small class segment showing the highest growth and revenue contribution [3][4] - The average revenue per teacher is projected to increase from 570,000 in the previous year to approximately 800,000 next year, driven by efficiency improvements through AI [4][5] Market Data and Key Metrics Changes - The number of teaching positions in the public sector is increasing by about 3%-4%, while the number of teaching positions in private institutions is declining [2][3] - The competitive landscape has shifted, with the market share of leading institutions like Huatu and Fenbi increasing, while Zhonggong's share and revenue are declining [3][6] Company Strategy and Development Direction - The company focuses on balancing pass rates, profits, and revenue growth, with a strategic emphasis on maintaining a pass rate of 10% and improving profit margins [4][6] - The use of AI technology is enhancing teaching efficiency and student satisfaction, which is expected to further improve profit margins [4][5] Management's Comments on Operating Environment and Future Outlook - Management noted that while the industry is experiencing growth, many registrations are driven by employment pressures, indicating that actual training participation may not be as high as reported [1][2] - The company anticipates a gradual increase in job positions over the next few years, with a projected annual growth rate of around 3% [2][6] Other Important Information - The company plans to implement share buybacks and dividends as part of its capital allocation strategy [6][9] - The company has seen a reduction in the number of teachers, from 3,900 at the end of 2022 to 3,200 by the end of 2023, while maintaining efficiency [4][9] Q&A Session Summary Question: What is the current market share of the company? - The company believes that the CR3 market share is around 30%, with expectations of continued growth in market concentration [6][9] Question: How does the company plan to achieve a profit margin of 25%? - The company aims to improve the gross profit margin of its small class segment, which is currently below 50%, by leveraging AI to enhance teaching efficiency [4][5] Question: What is the impact of the economic environment on registration numbers? - Management indicated that while registration numbers may slow down in a recovering economy, they do not expect a significant drop due to the consistent demand from various demographics [7][8] Question: How does the company differentiate itself from competitors? - The company emphasizes its online model and superior teacher quality, which allows it to maintain higher pass rates compared to competitors [6][9] Question: What are the company's plans regarding teacher recruitment? - The company does not plan to significantly increase its teaching staff this year, focusing instead on improving efficiency with the current team [9]

Financial Data and Key Metrics Changes - Revenue for Q1 2024 was $1,715 million, up 4.3% sequentially [5] - Gross margin decreased to 13.7%, down 2.7 percentage points sequentially [5] - Profit attributable to the company was RMB 72 million [5] - Total assets at the end of Q1 were RMB 48.2 billion, with total cash on hand of RMB 15.4 billion [6] - Total liabilities were RMB 17.3 billion, with total debt at RMB 10.3 billion [6] - EBITDA was RMB 887 million, with an EBITDA margin of 50.7% [5] Business Line Data and Key Metrics Changes - 8-inch equivalent wafer shipments increased by 7% sequentially to 17.95 thousand pieces [12] - Wafer revenue accounted for 93% of total revenue, while other revenue accounted for 7% [13] - Wafer revenue by application: smartphones (31%), computers and tablets (18%), consumer electronics (31%), connectivity and IoT (13%), industrial and automotive (7%) [14] Market Data and Key Metrics Changes - Revenue from China accounted for 82%, while revenue from America and Eurasia accounted for 15% and 3%, respectively [13] - Utilization rate increased by 4 percentage points sequentially to 80.8% [12] Company Strategy and Development Direction - The company is focusing on capacity construction and R&D to enhance core competitiveness and corporate value [8] - Plans not to pay dividends for 2023 to align with long-term development needs [9] - The company is accelerating the development of technology platforms for mainstream applications, including automotive and IoT [15] - The company aims to maintain its leading position in the market through strategic partnerships and technology leadership [19] Management's Comments on Operating Environment and Future Outlook - The company observed improved IC inventory levels and increased willingness from global customers to build inventory [11] - Revenue and gross margin both exceeded guidance in Q1 [12] - For Q2 2024, revenue is expected to grow by 5% to 7%, with gross margin projected to be between 9% and 11% [7][16] - The company is cautiously optimistic about the second half of the year, with a revenue growth target exceeding the industry average [18][20] Other Important Information - The company is in a continuous high investment phase to expand 12-inch high-quality capacity [20] - The company has achieved laboratory accreditation for its Automotive Reliability Testing Center, supporting its automotive process platform development [15] Q&A Session Summary Question: Inventory levels and customer demand - Management noted that global customers are more willing to build inventory due to market uncertainties [11] Question: Revenue guidance and market conditions - Management provided guidance for Q2, expecting revenue growth and a cautious outlook for the second half of the year [18][20] Question: Dividend policy and long-term strategy - Management explained the decision not to pay dividends for 2023 aligns with long-term development needs [9]

Financial Data and Key Metrics Changes - In Q1 2024, the company's overall revenue increased by a low single-digit percentage year-on-year, with offline sales declining slightly while online sales grew by 20%-30% [1][2] - The same-store sales (SSSG) decreased in Q1, with direct sales and wholesale down by low single digits and mid-double digits respectively, while e-commerce saw a growth of 20%-30% [1][2] - The inventory turnover ratio improved to around 4.0, with nearly 90% of inventory being new products within six months [1] Business Line Data and Key Metrics Changes - Direct sales performance was better than wholesale, driven by outlet stores, with same-store sales for direct and wholesale both experiencing double-digit declines [1][2] - The total number of stores decreased by 26 compared to the end of last year, with direct stores increasing by 1 and wholesale stores decreasing by 27 [2] Market Data and Key Metrics Changes - The company is focusing on Southeast Asia for overseas expansion, with plans to open stores in markets like Singapore, Malaysia, Thailand, Indonesia, and the Philippines [6][7] - The company aims to maintain a steady growth in the domestic market while exploring overseas opportunities as a supplementary strategy [6][7] Company Strategy and Development Direction - The company plans to enhance its product offerings and marketing strategies, particularly in professional categories like basketball and running, while also focusing on low-tier cities [6][13] - The marketing budget will be directed towards professional categories, leveraging resources from CBA and other events to strengthen brand presence [6][13] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving the annual performance guidance, with expectations of low double-digit net profit margin and mid-single-digit revenue growth [4][5] - The company anticipates a gradual improvement in sales performance in the second half of the year, especially in Q4, due to lower base effects [5] Other Important Information - The company is not planning significant channel expansions this year, with a focus on product upgrades and maintaining healthy inventory levels [9][11] - The new CMO has been instrumental in integrating marketing resources and enhancing brand strategy, with plans for significant promotional activities around the upcoming Olympics [10] Q&A Session Summary Question: What is the status of wholesale revenue and inventory? - Management indicated that both wholesale and direct sales have healthy inventory levels, with a turnover ratio of 4-4.5, and no adjustments to Q2 shipments are planned [3] Question: How are the new product lines performing? - New products like the "Ultra Light 21" and "Red Rabbit 7" have shown good growth, with the "Red Rabbit" series particularly popular among students, achieving nearly 50% growth year-on-year [3] Question: What are the expectations for the semi-annual report? - Management maintained the annual performance guidance, expecting revenue growth to be lower in the first half due to high base effects [4] Question: What is the outlook for the e-commerce channel? - E-commerce performance exceeded expectations in Q1, driven by a return of online traffic and effective price control, with hopes for profit margins to recover to over 20% [12] Question: How is the company addressing competition in lower-tier cities? - The company has a foundation in lower-tier markets and plans to expand product offerings to meet local demand, focusing on running and basketball shoes [6][13]

Financial Data and Key Metrics Changes - In 2023, the company's revenue reached 4.4 billion RMB, representing a 26% increase from the previous year [4] - Profit attributable to equity holders was approximately 197 million RMB, a decrease of 33% due to a one-time bond repurchase gain in 2022 [4] - Excluding that gain, net profit attributable to equity holders was 195 million RMB, up 18% [5] - Free cash flow was about 500 million RMB, up 70% from last year [5] Business Line Data and Key Metrics Changes - Revenue from international business surpassed 60%, with a growth rate of over 33% [5][8] - Innovative business grew by more than 37.4%, with its revenue share reaching 51.8% [9] - Revenue in the Chinese market increased by 16.9%, driven by rapid growth in asset-light and hybrid precision engineering services [9] Market Data and Key Metrics Changes - In the Iraq market, major oil fields maintained full workload, contributing to steady business growth [8] - The Chinese market saw a quick recovery, with traditional business undergoing optimization and upgrades [9] - The company successfully applied completion tools in Algeria, further opening the market [8] Company Strategy and Development Direction - The company aims to transform into a global entity, focusing on green transformation and sustainable development [7][16] - Strategic plans for 2024 include deploying comprehensive solutions for the oil and gas industry and enhancing international business growth [17][19] - The company is also focusing on digitalization and platform-based development to improve operational efficiency [17][20] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges posed by the macroeconomic environment and competition, emphasizing the need for cost control and risk management [26][29] - The company is optimistic about future growth, aiming to achieve a revenue target of 1 billion USD soon [45] - Management highlighted the importance of global leadership and talent recruitment to support international business expansion [47][48] Other Important Information - The company announced a dividend payment of 339 million RMB, resuming its tradition of distributing 30% of profits to equity holders [15][35] - The asset leasing model is designed to help customers expand without significant capital investment, aligning with the industry's shift towards asset-light models [36][39] Q&A Session Summary Question: What are the strategic plans for overseas market deployment in 2024? - The company has identified three key regions: Iraq, West Africa, and emerging markets, with specific strategies for each [24][25] Question: What is the trend for the net profit margin? - The profit growth rate is lower than revenue growth due to macroeconomic pressures, but efforts are being made to improve margins through cost control and efficiency [26][27] Question: How long will the company maintain the integrated oil field management project in Iraq? - The project has a contract term of two years with potential extensions, and the company is actively pursuing further opportunities in Iraq and other regions [30][31] Question: What is the reason for the increase in other payables and receivables? - The increase is attributed to the expansion of the company's platform businesses, which facilitate transactions without occupying cash flow [33] Question: Can investors expect a stable dividend policy in the future? - The company aims to maintain its tradition of distributing 30% of profits as dividends, contingent on cash flow and business growth [35] Question: Will asset leasing conflict with the company's asset-light strategy? - The asset leasing model is designed to support customers' capital expenditure needs while promoting an asset-light approach [36][39]

Financial Data and Key Metrics Changes - In Q1 2024, the overall revenue growth for Li Ning's multi-channel was low single digits, with offline sales declining slightly and online sales increasing by 20%-30% [2][4] - Same-store sales (SSSG) decreased in low single digits, with direct sales and wholesale both showing declines, while e-commerce experienced growth [2][4] - The inventory turnover ratio improved to 4-4.5, indicating healthy inventory levels [2][5] Business Line Data and Key Metrics Changes - Direct sales showed better performance than wholesale, driven by outlet stores, while same-store sales for both channels declined [2][4] - The number of stores decreased slightly, with a net reduction of 26 stores compared to the end of last year [3][4] - The children's clothing segment aims for double-digit growth, with Q1 showing low single-digit growth [22] Market Data and Key Metrics Changes - E-commerce performance exceeded expectations in Q1, driven by the return of online traffic and effective price control [18][20] - The company is focusing on Southeast Asia for overseas expansion, with plans to open stores in markets like Singapore and Indonesia [9] Company Strategy and Development Direction - The company aims for steady growth with a revenue target of mid-single-digit growth for the year, maintaining a cautious approach due to market uncertainties [10][24] - Marketing efforts will focus on professional categories such as basketball and running, leveraging partnerships and events to enhance brand visibility [12][19] Management Comments on Operating Environment and Future Outlook - Management expressed confidence in the overall business performance, with expectations for gradual improvement in same-store sales as the high base effect diminishes [2][8] - The company anticipates challenges in Q2 due to high base comparisons but expects better performance in the second half of the year [8][10] Other Important Information - The new CMO has initiated significant changes in brand planning and marketing strategies, aiming to enhance brand recognition and consumer engagement [15] - The company plans to maintain a healthy inventory structure and manage costs effectively, especially with increased marketing expenses related to the upcoming Olympics [24] Q&A Session Summary Question: What is the status of wholesale revenue and inventory in Q1? - Management indicated that both wholesale and direct sales have healthy inventory levels, with a turnover ratio of 4-4.5, and no adjustments to Q2 shipments are planned [5] Question: How are the new product lines performing? - New products like the "超轻 21" and "赤兔 7" have shown good growth, with the latter experiencing nearly 50% year-on-year growth [6] Question: What are the expectations for the half-year report? - The company maintains its full-year guidance, expecting low double-digit net profit margin and mid-single-digit revenue growth [7] Question: What is the outlook for the e-commerce channel? - E-commerce is expected to outperform offline sales this year, with hopes to restore profit margins above 20% [18] Question: How is the company addressing competition in lower-tier cities? - The company has a foundation in lower-tier markets and plans to expand product offerings to meet local demand [11] Question: What are the plans for marketing expenditures? - Marketing expenditures will focus on professional categories, with a significant push for the upcoming Olympics [12][24] Question: What is the outlook for children's clothing? - The target for children's clothing is double-digit growth, with Q1 showing low single-digit growth [22] Question: How is the company managing its inventory and costs? - The company is focused on maintaining a healthy inventory structure and controlling costs, with marketing expenses expected to increase due to Olympic-related activities [24]

Financial Data and Key Metrics Changes - The company reported a profit margin of approximately 12% last year, with a target to reach 20% in the future, indicating confidence in cost optimization, particularly in personnel and management areas [2][3] - The average customer spending has decreased compared to last year, primarily due to reduced foot traffic [2][3] Business Line Data and Key Metrics Changes - The company plans to open about 8 new stores in mainland China this year, with approximately 40% located in second-tier and lower cities, maintaining a similar ratio to last year [2][3] - The average revenue per store may be diluted due to the expansion into lower-tier cities, but the expected decrease in revenue per store is not anticipated to be rapid [2][3] Market Data and Key Metrics Changes - Sales in January and February were impacted by high year-on-year comparisons, while March saw a narrowing decline as it entered the off-peak season [2][3] - The company expects the long-term utilization rate of hot pot stores to improve, having reached over 12% last year [2][3] Company Strategy and Development Direction - The company aims to open 1,000 stores in mainland China by the end of 2027, focusing on optimizing service and delivery operations while exploring a franchise model [2][3] - The company is considering adjustments to the average customer spending to enhance cost-effectiveness based on market conditions and competition [2][3] Management's Comments on Operating Environment and Future Outlook - The management expressed confidence in maintaining stable gross margins this year despite the challenges posed by the economic environment [2][3] - The company has increased promotional activities on platforms like Meituan to counteract price pressures and competition [2][3] Other Important Information - The company plans to replace the fish used in delivery with a more cost-effective option to improve repurchase rates [2][3] - The company has not made any salary adjustments this year, following a salary increase in September last year, indicating manageable labor cost pressures [2][3] Q&A Session Summary Question: What pressures might the hot pot industry's turnover rate face this year? - The turnover rate growth faced challenges due to external environmental changes and insufficient product variety, prompting adjustments in product offerings [1] Question: What are the reasons for sales pressure in Q1? - Sales saw a sequential increase but were affected by a high base from the previous year, with a slight decline in per capita consumption due to reduced foot traffic [1] Question: What is the trend of profit margins? - The company is optimistic about achieving a profit margin of 20% in the future, with significant cost optimization potential [1] Question: Can you provide monthly sales data for the first three months? - Sales in January and February were impacted by high year-on-year comparisons, with March showing a narrowing decline [1] Question: How was product sales during the holiday? - Short-term data for the Qingming holiday is not yet available, but sales are expected to be impacted due to people returning home [1] Question: How many new stores are planned to open in mainland China this year? - The company plans to open about 8 new stores, with a focus on second-tier and lower cities [1] Question: Why has the average customer spending decreased from 2019 to 2023? - The decrease is mainly due to promotional activities, with takeaway orders not included in the average spending statistics [1] Question: What is the expected change in average customer spending for 2024? - The company aims to lower the average customer spending, currently considered too high at 116 yuan [2] Question: What is the future development strategy for the company? - The company will continue to optimize services and explore franchise models while aiming for significant store expansion [2] Question: How does the company select franchisees? - The company seeks larger franchisees with independent departments for training and support, ensuring proper management and quality control [2]

嗯嗯 大家晚上好欢迎大家参加今天晚上的发布会欢迎大家去年我们升级了全新的企业战略升级到人车家全生态汽车就成了我们战略重要的组成部分今天晚上 小米苏西的发布让人车家第一次真正的闭环所以今天对我们来说是非常重要的一件事情借这个场合的话我也想跟大家分享几组数据这个数据是我们前不久财报刚刚发布过的第一个就是去年我们全球销售了1.46亿支手机连续14个季度全球第三 第二个数字是此时此刻为止正在使用小米手机和小米平板的用户全球达到了6.41亿人这为我们小米汽车未来的发展打下了良好的基础第三点小米一直坚持技术为本持续加大研发投入去年我们投了191亿人币 预计今年将达到240亿人民币还有汽车等新业务的话呢去年我们投入了67亿人民币加上股权级别的话一共75亿人民币我们用真金白银来表达了认真造车的决心和态度为了把车造好 我们不惜代价我们在全国300个城市展开了全面的测试行驶的总里程超过了540万公里相当于绕地球135圈这个测试规模相当的庞大我们投入了辆车总数576辆应该是全国所有车型里面 最大一次规模的很多人在很多的地方看到了小米的测试车队这是因为我们投入的测试车辆特别特别多去的城市也特别的多我们为了把车做好在这方面我们的投入是 ...