$XIAOMI-W(01810.HK) It's estimated that Xiaomi will fall to around 15 yuan. Xiaomi has raised over 110 billion yuan in the stock market in recent years with zero dividends, which foreign capital definitely doesn't approve of. That's the first point. Car manufacturing is a war of attrition, similar to the current food delivery market. It's very difficult for companies without a foundation in car manufacturing to stand out. Xiaomi's impatient mindset in car manufacturing is precisely a major taboo, with bleak prospects and severe bleeding. That's the second point. Third, the original main business, whether in terms of profit or revenue, is also on a downward trend, lacking innovation, and can only rely on influencer hype to maintain popularity. So overall, Xiaomi's decline has just begun, and the thrilling moment has not yet arrived.