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Express News | Xiaomi's second car is expected to be launched in the first quarter of 2025.
Xiaomi Group-W (01810.HK) granted 49.5937 million share reward shares and a total of 0.51 billion Xiaomi Hong Kong stock options.
On November 20, 2023, Xiaomi Group-W (01810.HK) announced that the company would grant a total of 49,593,741 shares as rewards to 2,425 selected participants, including group employees and service providers, according to the 2023 share plan on November 20, 2024. On the same day, Xiaomi Hong Kong granted a total of 510,335,236 Xiaomi Hong Kong share options to 2,951 selected participants who are employees of the Xiaomi Hong Kong Group according to the 2024 Xiaomi Hong Kong share plan.
Taking the lead independently, with foreign investment closely following; range-extended hybrid technology sweeping the global market.
①On November 20 local time, Stellantis Group announced the launch of the STLA Frame vehicle platform. ② Stellantis Group introduced that vehicles equipped with this platform will first be equipped with innovative powertrains, including pure electric and extended-range, and in the future can also be equipped with internal combustion engines, hybrid power, and hydrogen energy power systems.
Lei Jun: Xiaomi (01810.HK) end-to-end large-scale model full-scene asia vets driving will be officially released at the end of next month.
According to reports from domestic media, Lei Jun, founder, director, and CEO of Xiaomi (01810.HK), stated at the summit that ai insists on being intelligent toward reality, and being intelligent toward goodness is the core principle of technology serving social progress. Currently, ai technology has been widely applied in various business sectors of Xiaomi. For example, last month, Xiaomi launched a city navigation system that can be used nationwide, and at the end of next month, it will officially release an end-to-end large model for all-scenario intelligent driving, which can take you from parking space to parking space, allowing the car to start as soon as you get in. He added that ai has also played a significant role in new materials, like when Xiaomi was developing materials for large die-casting of automobiles.
Express News | Xiaomi Jingming has established a technology company in Nanning.
Xiaomi Group-W (01810.HK): Profit exceeds expectations, autos gross margin further improves.
Performance in Q3 of 2024: Revenue reached a historical high for the quarter, and profit significantly exceeded Bloomberg's consensus expectations. In the third quarter, Xiaomi's revenue was 92.5 billion yuan, up 30.5% year-on-year, surpassing Bloomberg's consensus expectation by 2.5%; GAAP operating profit recorded.
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