Xiaomi Group focuses on strengthening three strategic areas

Xiaomi Group's placement is expected to raise a net amount of approximately HK$42.5 billion. Judging from the purpose of the funds raised, Xiaomi Group will focus on strengthening three major directions: smart electric vehicles, artificial intelligence layout and global market expansion. Including factory construction, technology research and development, channel laying, large model investment, equipment deployment, cloud computing infrastructure, localized production in emerging markets, breakthroughs in the European market and supply chain optimization.