Today you raised the full-year delivery target for 2025 to 350,000 units. Are you confident in achieving this?
Yes, we are confident. With the smooth improvement of production line capabilities at the Xiaomi Auto factory and the national sales, delivery, and service system capabilities, we are confident we can achieve this.
We just released Xiaomi Group's 2024 full-year financial report. This is the "strongest annual report" in Xiaomi's history, where the automotive business performance exceeded expectations. Revenue from innovative businesses such as smart electric vehicles reached 32.8 billion RMB. The Xiaomi SU7 delivered 136,854 units throughout the year, with monthly deliveries exceeding 20,000 units for five consecutive months. Meanwhile, the Xiaomi SU7 Ultra was officially launched recently, receiving over 19,000 firm orders within three days of opening sales, completing its annual sales target of 10,000 units ahead of schedule. Driven by the "Human x Car x Home Ecosystem" strategy, Xiaomi's mobile phones, major home appliances, and automobiles are growing together, climbing towards high-end categories across all product lines. Xiaomi's business is entering a period of high growth. We sincerely thank all friends for their support and recognition of Xiaomi.
Today, we also completed the delivery of the 200,000th Xiaomi Auto, which was also the first delivery of "Brilliant Magenta." We have been continuously working to improve production and delivery speed: from the first 100,000 units taking 229 days to deliver, to the second 100,000 units taking only 119 days. Once again, thank you to every owner for their choice and trust. We hope Xiaomi Auto can accompany you through every brilliant moment.