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IT Home reported on August 1 that according to the Beijing Economic and Technological Development Zone Management Committee, the second phase of Xiaomi's smart manufacturing industrial base project is located in the Majuqiao Smart Manufacturing Base in Yizhuang New Town. On July 26,The project started construction within 24 hours of the land transaction, truly realizing the goal of "starting construction as soon as the land is acquired"。

According to the official website of Beijing Municipal Planning and Natural Resources Commission on July 25, the industrial project of Plot 0106 in Block YZ00-0606 of Yizhuang New Town was sold for approximately RMB 842 million. The winning bidder was Xiaomi Jingxi Technology Co., Ltd., a subsidiary of Xiaomi Communications Technology. The site is located to the east of Xiaomi's automobile factory.

IT Home noticed that the listing documents showed thatThe industrial land is planned to be used for the construction of new energy intelligent connected vehicle and parts manufacturing projects, fixed asset investment shall not be less than 2.6 billion yuan, and the annual output value when reaching full capacity shall not be less than 16 billion yuan.

On the morning of July 31, Zhang Qiang, Secretary of the Beijing Economic and Technological Development Zone Working Committee, conducted on-site supervision and research on the construction of major projects.And inspect production safety and flood prevention work in a "four no's and two direct" manner(Four No's and Two Direct: no notification, no greeting, no report, no accompanying reception, go straight to the grassroots and the scene).