Xiaomi Group's cash reserves increased to RMB 151.6 billion, and R&D investment continued to rise

As of September 30, 2024, Xiaomi Group's cash reserves reached RMB 151.6 billion, an increase of 18.7% year-on-year. At the same time, Xiaomi Group's R&D expenditure reached RMB 6 billion in the third quarter of 2024, an increase of 19.9% ​​year-on-year.