ElsieDewey
04-25

$XIAOMI-W(01810)$ In Lei Jun's view, Xiaomi Auto's goal is not to make low-level profits. The goal is to become one of the top five automakers in the world in 15 to 20 years and become a new generation of global hard-core technology leader. "If we pursue this goal, I think we can go further by laying a solid foundation first. As long as our financial report can support it, I hope to invest as much as possible and ensure we gain a leading edge." Lei Jun told investors express.

Regarding the external concern about Xiaomi's overseas expansion, Lei Jun responded that in terms of business deployment, it will focus 100% on the domestic market in the next three years, and doing a good job in the Chinese market is the first step. "Because half of our business revenue comes from the global market, Xiaomi does business in more than 100 countries, has offices and branches in more than 30 countries, has global influence and a global rice fan base, and will wait until Xiaomi is ready to do global business. The market will take its own course," Lei Jun said.

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Comments

  • bumpy
    04-26
    bumpy
    Interesting to see Lei Jun's ambitious goals for Xiaomi Auto.
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