Xiaomi’s stock price fell 19.71% from its 2024 high of HK$20.35.
Lei Jun said that many people know that Xiaomi’s car-making originated from a special crisis event. What happened? How did Xiaomi respond? “Looking back on more than three years of car-making journey, my biggest realization is that no matter what crisis you face, not being scared can lead to victory,” Lei Jun said. Additionally, Lei Jun also announced that the high-end model Xiaomi MIXFold4 will be released soon, which will be manufactured by the new generation Xiaomi smartphone intelligent factory. Previously, Xiaomi Group disclosed information that the Xiaomi smartphone intelligent factory has officially started full-scale production, located in Changping, Beijing, with an investment of 2.4 billion yuan, a construction area of 81,000 square meters, and an annual production capacity of 10 million flagship phones. At the close of trading today in Hong Kong, Xiaomi Group’s stock price was reported at HK$16.34 per share, a decrease of 0.73%, down 19.71% from the high of HK$20.35 in 2024.