3C - TechWire

11:56

                            Xiaomi announced that four home appliance technologies have been recognized as internationally leading technologies. Lu Weibing: Use the density of mobile phone technology to empower large home appliances and conquer all core technologies
                        
                            Four innovative achievements, including "Multi-objective flexible composite noise reduction technology and application of air conditioner outdoor unit", "Multi-objective dynamic optimization AI energy-saving control algorithm for household variable frequency air conditioner under all working conditions", "Key technology of intelligent diagnosis of air flow and refrigerant dual circulation system of household air conditioner", and "Key technology of intelligent commodity inspection and active maintenance of refrigerator based on cloud platform", led by Xiaomi Smart Home Appliances (Wuhan) Co., Ltd., have completed the scientific and technological achievement appraisal. The appraisal meeting was organized by the China Light Industry Federation, and the appraisal committee was composed of Academician He Yaling of Xi'an Jiaotong University and experts and scholars from Shanghai University of Technology, China Household Electrical Appliance Research Institute, Shanghai Jiaotong University, Xi'an Jiaotong University, Institute of Physical and Chemical Technology of the Chinese Academy of Sciences, Zhejiang University, and Huazhong University of Science and Technology. Shan Lianyu, general manager of Xiaomi Home Appliances, said on Weibo: "We have made great efforts to make products, studied technology steadily, and invested heavily in core technologies. Congratulations to the air conditioner and refrigerator teams." Lu Weibing, partner and president of Xiaomi Group, said: "We will use the technical density of mobile phones to empower home appliances and fully conquer all core technologies."
                        
20:11

                            Xiaomi SU7Ultra May Limited Time Purchase Benefit: Xiaomi HAD End-to-End Assisted Driving Free Lifetime Use Rights
                        
                            Xiaomi SU7Ultra has a limited-time car purchase benefit in May. If you place an order from May 1 to 31, you can enjoy: ① Free carbon fiber sports steering wheel + carbon fiber center console trim + carbon fiber front seat back panel; ② Free five years of basic maintenance; ③ Lifetime free use of Xiaomi HAD end-to-end assisted driving.
                        
14:27

                            Xiaomi Group PR General Manager Wang Hua: YU7 launch date has not changed
                        
                            Wang Hua, general manager of Xiaomi Group's public relations department, posted on his personal social media to refute the rumor that YU7's release was delayed, saying that the launch time of YU7 has not changed and is still in June or July this year as previously announced.
                        
10:53

                            Xiaomi Motors has set up a R&D and design center in Europe, and its goal is not just to win the race
                        
                            Xiaomi Motors is steadily advancing its European layout. In Munich, Germany, Xiaomi has established an automotive R&D center. Currently, the center has less than 50 people, and the main members are management and business experts. An informed source told reporters that Xiaomi Motors Munich R&D Center currently has no large-scale recruitment needs and is positioned as an elite team. In addition to the continued development of the Xiaomi SU7 Ultra Nürburgring Limited Edition, the team will also participate in the performance tuning of Xiaomi's subsequent full range of models. The establishment of a European R&D center is not only an expansion of Xiaomi Motors' R&D capabilities, but also a strategic layout for brand differentiation.
                        
17:40

                            Southbound funds made a large net purchase of HK$21.36 billion today, with Hang Seng Fund ranking first in terms of purchase amount
                        
                            Southbound funds made a large net purchase of HK$21.36 billion today. In terms of Hong Kong Stock Connect (Shanghai), Tracker Fund Management and Hang Seng China Enterprises received net purchases of HK$4.617 billion and HK$3.937 billion respectively; Xiaomi Group-W had the largest net sales, amounting to HK$986 million; in terms of Hong Kong Stock Connect (Shenzhen), Tracker Fund Management and Hang Seng China Enterprises received net purchases of HK$4.807 billion and HK$2.693 billion respectively; Zijin Mining had the largest net sales, amounting to HK$727 million.
                        
17:38

                            Southbound funds made a large net purchase of 21.36 billion yuan today. In terms of Hong Kong Stock Connect (Shanghai), Tracker Fund Management and Hang Seng China Enterprises received net purchases of HK$4.617 billion and HK$3.937 billion respectively; Xiaomi Group-W had the largest net sales, amounting to HK$986 million; in terms of Hong Kong Stock Connect (Shenzhen), Tracker Fund Management and Hang Seng China Enterprises received net purchases of HK$4.807 billion and HK$2.693 billion respectively; Zijin Mining had the largest net sales, amounting to HK$727 million.
                        
17:32

                            Xiaomi YU7 confirmed not to participate in Suzhou Auto Show, and previously confirmed not to participate in Shanghai Auto Show
                        
                            On April 21, the "IAS Suzhou International Auto Show" released a message saying, "The first round of new car spoilers triggered heated discussions among car enthusiasts, and the backstage received private messages asking about the hot model Xiaomi YU7. After hard work, Xiaomi YU7 was still absent from this exhibition. We deeply apologize for this and have prepared compensation gifts for the audience who bought tickets because of Xiaomi YU7." On April 21, the "IAS Suzhou International Auto Show" released a message saying, "The first round of new car spoilers triggered heated discussions among car enthusiasts, and the backstage received private messages asking about the hot model Xiaomi YU7. After hard work, Xiaomi YU7 was still absent from this exhibition. We deeply apologize for this and have prepared compensation gifts for the audience who bought tickets because of Xiaomi YU7."
                        
08:47

                            Institution: Xiaomi is still the first choice of Chinese technology stocks
                        
                            Jefferies said Xiaomi remains the top pick in the Chinese technology sector because tariffs have little impact on its business, and believes that the slowdown in SU7 sales caused by recent driving accidents is a short-term problem. Analyst Edison Lee and others pointed out that Xiaomi is also the top pick because of its unique ecosystem that supports strong growth. Given that Xiaomi has not changed its plan to release YU7 in June/July, its forecast of 400,000 units shipped in 2025 is maintained.
                        
09:59

                            Lenovo Group, Xinhualian Culture and Tourism Group, and Hanshe Culture and Tourism Group jointly released the first intelligent entity in the cultural and tourism industry in China
                        
                            On April 18, Lenovo Group, Xinhualian Culture and Tourism, and Hanshe Culture and Tourism Group officially signed a cooperation agreement in Beijing and jointly released the first intelligent entity in the cultural and tourism industry in China. It is reported that the intelligent entity in the cultural and tourism industry can coordinate and respond with intelligent entities in multiple fields such as transportation and security to achieve a more intelligent ecological closed loop. At the same time, relying on Lenovo's full-stack hybrid AI solutions and services, the intelligent entity realizes the full-chain empowerment of government supervision, enterprise operations and tourist experience, and will become the first entrance to a one-stop smart cultural and tourism industry.
                        
17:13

                            Xiaomi's large model team proposed a diagonal snake-shaped autoregressive image generation method
                        
                            Xiaomi's big model team announced that it has recently proposed a new generation method, namely the diagonal snake-like order autoregressive image generation method (DAR) with direction awareness. It is reported that it does not draw line by line, but generates each pixel flexibly along the diagonal line of the image like a snake. The relevant papers, training codes, and model weights have been open sourced.
                        
13:23

                            "Buy now, refund now"! There are more than 400 departure tax refund stores in Shenzhen
                        
                            On April 18, the reporter learned that the Shenzhen Municipal Bureau of Commerce and the Shenzhen Municipal Taxation Bureau of the State Administration of Taxation jointly released the list of the ninth batch of departure tax refund stores in Shenzhen. 72 stores including Xiaomi Home and Suning were selected, covering electronic consumer products, fashion apparel, home products, etc. As of now, there are more than 400 departure tax refund stores in the city. The departure tax refund "buy now and refund now" service measure refers to when foreign travelers purchase tax refund items in "buy now and refund now" stores in areas where my country has implemented the departure tax refund policy, they can apply for RMB equal to the tax refund on the spot at the store after signing an agreement and applying for credit card pre-authorization. The policy puts the tax refund link in front, creating a more convenient and friendly consumption environment for foreign travelers, stimulating consumption vitality, and promoting domestic and international dual circulation.
                        
09:18

                            Shenzhen has opened more than 400 departure tax refund shops
                        
                            Recently, the Shenzhen Municipal Bureau of Commerce and the Shenzhen Municipal Taxation Bureau of the State Administration of Taxation jointly released the ninth batch of tax refund shops in Shenzhen, including 72 shops such as Xiaomi Home and Suning, covering electronic consumer products, fashion apparel, home products, etc. So far, there are more than 400 tax refund shops in the city.
                        
17:32

                            Xiaomi's Wang Hua responded to the chip platform department
                        
                            Wang Hua, General Manager of Xiaomi Group's Public Relations Department, responded to the Chip Platform Department: The media just sent an inquiry saying that our company has established a chip platform department. Is there any response to this? Let me introduce to you that the Chip Platform Department of the Mobile Product Department has always existed. Its work is mainly responsible for the selection, evaluation and in-depth customization of the chip platform of mobile phone products. The person in charge, Qin Muyun and his brother, have joined the company for several years. At least we have work chat records in Xiaomi Office in 2021.
                        
17:05

                            Xiaomi establishes chip platform department, former Qualcomm executive Qin Muyun as head
                        
                            Xiaomi recently announced internally that it would establish a chip platform department under the organizational structure of the mobile phone product department, appointing Qin Muyun as the head of the chip platform department and reporting to Li Jun, general manager of the product department. According to information, Qin Muyun previously worked at Qualcomm as senior director of Qualcomm product marketing, and later joined Xiaomi. At the end of 2024, Beijing Satellite TV reported that Xiaomi had successfully taped out the first domestic 3nm mobile phone system-on-chip. Recently, there have been reports that Xiaomi 15S Pro will be the first to be equipped with Xiaomi's self-developed SoC chip. A few days ago, Xiaomi co-founder and vice chairman Lin Bin also confirmed the existence of the new Xiaomi 15S Pro for the first time when replying to netizens on Weibo. However, the specific specifications of this new phone are still subject to official confirmation by Xiaomi. 
                        
16:59

                            Bernstein expects Xiaomi to deliver about 405,000 vehicles this year, exceeding the company's own guidance of about 350,000 vehicles.
                        
                            Bernstein expects Xiaomi to deliver about 405,000 vehicles this year, exceeding the company's own guidance of about 350,000 vehicles. It gives it an "outperform" rating and sets a target share price of HK$55.
                        
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