$XIAOMI-W(01810)$

In the current market, the outlook for Xiaomi mainly focuses on the high - end smartphone market and the sales of its electric vehicles. The value of AI seems not to have been fully reflected in its valuation yet. Xiaomi's past investments in the AI field are expected to pay off in 2025 with breakthroughs in language and visual multimodal model capabilities. As the world's third - largest smartphone manufacturer, Xiaomi naturally has the advantage of being an entry point for AI - based devices. In 2025, the main pathways for Xiaomi will be:

1. Xiaomi HyperMind: Real - time multimodal inference on the edge, integrating visual, voice, and sensor data streams.

2. Super XiaoAI: Cross - device proactive services, world models, and embodied intelligence.

3. Breakthrough in autonomous driving: Level 4.

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