--- title: "Xiaomi upgrades the \"Ten Million Technology Award\" with participating teams covering multiple business lines" description: "Xiaomi Corporation founder Lei Jun announced that the company's highest technical honor, the \"Ten Million Technology Award,\" has been upgraded, with the prize increased to 10 million yuan. In 2024, th" type: "news" locale: "en" url: "https://longbridge.com/en/news/224152265.md" published_at: "2025-01-07T06:44:08.000Z" --- # Xiaomi upgrades the "Ten Million Technology Award" with participating teams covering multiple business lines > Xiaomi Corporation founder Lei Jun announced that the company's highest technical honor, the "Ten Million Technology Award," has been upgraded, with the prize increased to 10 million yuan. In 2024, the highest award of the Xiaomi "Ten Million Technology Award" will be granted to the "Xiaomi Super Motor V8s" technology, which is key to the success of the Xiaomi SU7 Ultra prototype on the Nürburgring track, reflecting Xiaomi's technological strength and determination in the automotive field Xiaomi Corporation founder Lei Jun announced on January 7th that the highest technical honor of Xiaomi has been upgraded to the "Ten Million Technology Award," with the prize fund increased to 10 million yuan. The "Xiaomi Super Motor V8s" technology won the highest award of the 2024 Xiaomi "Ten Million Technology Award." Lei Jun stated that the V8s is fundamental to the Xiaomi SU7 Ultra prototype car's miraculous performance on the Nürburgring track, representing not only Xiaomi's determination and capability in investing in hardcore technology but also indicating that Xiaomi's hardcore technology is reaching a new starting point ### Related Stocks - [XIACY.US - Xiaomi Corporation](https://longbridge.com/en/quote/XIACY.US.md) - [81810.HK - XIAOMI-WR](https://longbridge.com/en/quote/81810.HK.md) - [01810.HK - XIAOMI-W](https://longbridge.com/en/quote/01810.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Xiaomi's electric SUV tops China sales in January, sells twice as many as Tesla's Model Y | Xiaomi's YU7 electric SUV topped sales in China in January, selling 37,869 units, double that of Tesla's Model Y, which | [Link](https://longbridge.com/en/news/275839815.md) | | Xiaomi announces HK$2.5 billion buyback as competition and cost pressures weigh on stock | Xiaomi announced a stock buyback program worth up to HK$2.5 billion ($321 million), leading to a 2% rise in its shares. | [Link](https://longbridge.com/en/news/273478227.md) | | Sands China Hosts The Second Macao Technological Innovation Exploration | Sands China hosted the second Macao Technological Innovation Exploration in Lisbon, supporting Macao entrepreneurs. The | [Link](https://longbridge.com/en/news/276491972.md) | | BlackBarn, VR Global Partners raise stake in Brazil's Azul | Azul (AZUL53.SA):BLACKBARN REACHED 8.1% STAKE IN AZUL'S COMMON SHARES - FILINGBRAZIL'S AZUL: VR GLOBAL PARTNERS REACHED | [Link](https://longbridge.com/en/news/276493947.md) | | CIF/FOB Gulf Grain-Soy basis bids rise, traders watch for China demand | Basis bids for soybeans shipped to U.S. Gulf Coast terminals rose as traders anticipated China's return to the market. D | [Link](https://longbridge.com/en/news/276495711.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.