Last night, Lei Jun, the founder of Xiaomi, gave an internal speech to Xiaomi employees after the Xiaomi Values Competition. Lei Jun said that a sudden traffic accident at the end of March brought Xiaomi a storm of doubts, criticisms and accusations. He said, "This year is Xiaomi's 15th anniversary. We originally planned many celebrations, summaries, and planned activities, but most of them have been cancelled." Lei Jun emphasized that the most important thing for Xiaomi in the past five years is that we have always insisted on technology-based. "Five years ago, we put forward a new goal, which is to strive to become the world's new generation of hard-core technology leader. Five years ago, we clearly promised that the five-year R&D investment would exceed 100 billion, and we would increase the research and development of core technologies. Up to now, we have invested about 105 billion, and this year's investment is expected to exceed 30 billion."