Xiaomi Remains the Most Attractive Investment Target Currently
Several years ago, it was said that Xiaomi was a highly investable company, especially while Mr. Lei was still at the helm. At the time, this judgment was based on the upgrading of smart device ecosystems in Chinese households, and Xiaomi was the only domestic company capable of offering a somewhat cohesive suite.
That conclusion remains unchanged today. Xiaomi's value is still very high. Through its ecosystem products over the past few years and its automotive business in recent years, Xiaomi has proven something: the ability to integrate, innovate, and mass-produce in China is unique to it. Xiaomi can rapidly mobilize China's manufacturing capacity and bring innovative products to volume production—a capability with tremendous commercial value.
Selling 10,000 units of a 500,000 RMB car within 2 hours shows that there are plenty of wealthy people in China. Their willingness to pay validates Xiaomi's integrative innovation value. Only scale brings data accumulation, which drives qualitative breakthroughs and positions Xiaomi to compete internationally in the future.
