Xiaomi President Lu Weibing: The Xiaomi 17 series has currently sold over 1 million units

Xiaomi President Lu Weibing stated on Weibo today that many friends are very concerned about the sales progress of the Xiaomi 17 series, which has indeed exceeded 1 million units sold, faster than previous generations! The company is working hard to ramp up production and increase inventory. As of now, Xiaomi's stock price has risen over 2%, trading at HKD 55.25. Minsheng Securities recently released a research report maintaining a "Recommended" rating for Xiaomi Corporation-W, expecting the company to achieve operating revenues of 509.295 billion / 640.908 billion / 749.653 billion yuan from 2025 to 2027, and net profits attributable to the parent company of 44.441 billion / 64.047 billion / 81.832 billion yuan. The firm is optimistic that the high-quality, cost-effective Xiaomi 17 series is expected to achieve good sales, aiding Xiaomi's high-end transformation. Additionally, as Xiaomi's customized automotive services unfold, this service is expected to enhance the profit margins of the automotive business, boosting the company's profits