Lei Jun shared Xiaomi's latest progress in its automotive business at the earnings conference and talked about the challenges Xiaomi Auto faced in its early days. He said, "In the early days of car manufacturing, everyone thought that Xiaomi Auto entered the market late, but looking back now, we came at the right time." Lei Jun also revealed that Xiaomi Auto has made significant progress in technology, including self-developed battery technology, Xiaomi autonomous driving technology, etc., and emphasized that Xiaomi will continue to insist on technological innovation and improvement of user experience in the automotive field.