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Leidi.com Lotte July 26

According to the Beijing Economic and Technological Development Zone Development and Construction Bureau on July 25, Xiaomi's subsidiary Xiaomi Jingxi Technology Co., Ltd. recently acquired the state-owned construction land for the industrial project of Block 0106, YZ00-0606, Yizhuang New Town, Beijing.

The land area is 531,130 square meters, the building control scale is ≤ 690,469 square meters above ground, and the transaction price is 842 million yuan. The land is located near the current Yizhuang Xiaomi Automobile Factory.

This is the second time that Xiaomi Jingxi has acquired land in Yizhuang. In April 2022, Xiaomi Jingxi won the right to use the YZ00-0606-0101 plot in Block 0606 of Yizhuang New Town, Beijing Economic and Technological Development Zone, with a transaction price of about 610 million yuan.

According to the official website of the Ministry of Industry and Information Technology, Xiaomi Automobile Technology Co., Ltd. (referred to as Xiaomi Auto) has recently obtained independent car manufacturing qualifications, and four "Xiaomi brand" pure electric sedans were shown in the latest "Announcement on Road Motor Vehicle Production Enterprises and Products".

The name of Xiaomi Auto's manufacturing company has been changed from BAIC to "Xiaomi Automotive Technology Co., Ltd." Analysts believe that this means that Xiaomi Auto has become independent from BAIC Group.

Xiaomi Motors was officially launched on March 28, 2024, and its sales volume exceeded 10,000 in June 2024.

Xiaomi CEO Lei Jun stated at the 2024 Lei Jun Annual Speech Event that Xiaomi Auto has achieved monthly sales of over 10,000.

Lei Jun believes that Xiaomi Motors has successfully squeezed onto the table, but the long march has just begun. In May 2024, Xiaomi Motors adjusted its delivery target, with a guaranteed sales volume of 100,000 units in 2024 and a goal of 120,000 units.

Kingsoft Software Co., Ltd. (stock code: 03888) recently issued an announcement, announcing that the Beijing Xiaomi Intelligent Equity Investment Fund Partnership (Limited Partnership) plan will be adjusted, and the total fund size will be expanded to 10 billion yuan.

According to the new partnership agreement, Xiaomi Beijing invested 30 million yuan, accounting for 0.3%, Xiaomi Wuhan invested 3.6 billion yuan, accounting for 36%, Wuhan Jinshan invested 500 million yuan, accounting for 5%, Yizhuang International and Tianjin Haichuang invested 1 billion yuan each, accounting for 10% respectively;

Hainan Huaying Kaitai invested 100 million yuan, accounting for 1%, Guangzhou Huaduo and Xingzheng Investment Management invested 500 million yuan each, accounting for 5%, Beijing Zhaoyi invested 200 million yuan, accounting for 2%, Beijing Guidance Fund invested 2 billion yuan, accounting for 20%, Naxing Venture Capital invested 200 million yuan, accounting for 2%, Di Aowei and Jintou Jinshun Fund invested 100 million yuan each, accounting for 1%;

Xinyin Haohong invested 20 million yuan, accounting for 0.2%; Jewatt Hangzhou, Nanxin Semiconductor and Ganzhou Optoelectronics, subsidiaries of A-share company Jewatt Microelectronics Co., Ltd., invested 50 million yuan each, accounting for 0.5% each.

In this change, Xiaomi Wuhan initially invested 3 billion yuan, and this time it increased by 600 million yuan. Naxing Venture Capital originally planned to invest 80 million yuan, and this time it increased by 120 million yuan. Xiaomi and Kingsoft are both companies under Lei Jun.

It is reported that this 10 billion fund relies on the industrial advantages of Xiaomi Fund and focuses on investing in integrated circuits and related upstream and downstream fields (covering new generation information technology, intelligent manufacturing, new materials, artificial intelligence, displays and display devices, automotive electronics, as well as upstream and downstream applications and supply chains related to mobile terminal consumer products and smart devices).

LeiDi was founded by media person Lei Jianping. Please indicate the source if reprinting.