Lei Jun

Xiaomi CEO Lei Jun confirmed he pays for his own company’s cars, including the upcoming YU7. Having previously paid for his SU7 Ultra, he had to wait for delivery like any other customer. Speculation surrounds the YU7’s pricing, expected to compete with Tesla’s Model Y; analysts predict a price around RMB 250,000, while consumers await the official announcement, wondering what price point will make it a compelling purchase.

Kingsoft Office appointed Lei Jun, the founder and de facto controlling shareholder, as Honorary Chairman. Jun, with his extensive experience in technical innovation and management, will provide strategic guidance without receiving compensation. His advisory role is expected to contribute to the company’s growth, reflecting his long history with the company since 1992 and his other entrepreneurial ventures.

Xiaomi CEO Lei Jun highlighted the SU7’s success as proof of their focused automotive strategy. Lei contrasts their single-model approach with competitors, emphasizing their proven “Xiaomi Model” methodology. Early interest in the upcoming YU7 surpasses that of the SU7, attracting a wider audience. While optimistic, Xiaomi remains cautious, accelerating preparations for the YU7’s launch, aiming for further growth.

Xiaomi CEO Lei Jun stated the company will avoid a price war, focusing on sustainable growth in the automotive sector. Xiaomi aims for a long-term hardware profit margin capped at 5% and plans to produce its own automotive chips. The YU7 standard edition pricing will be decided just before launch. The company projects its automotive, chip, and other new ventures will achieve profitability in Q3 or Q4, supported by strong Q1 performance and significant investment in intelligent driving system R&D.

Xiaomi’s stock is trading around HK$53.2, nearing a previous high. Its P/E ratio of 54 indicates strong growth potential. Facing the question of whether to buy, CEO Lei Jun emphasizes Xiaomi’s improving fundamentals and long-term performance, expressing confidence in future growth for long-term investors.

Xiaomi is combating speculation surrounding the pricing of its upcoming YU7 electric vehicle. The company issued a statement dismissing all circulating price estimates as unfounded, urging consumers to await official announcements. Company executives, including Wang Hua, emphasized pricing will only be confirmed just before the launch. Xiaomi also aims for its automotive division to achieve profitability this year, with significant investment in intelligent driving development.

Xiaomi founder Lei Jun responded to criticisms regarding its EV market entry with social media posts. He echoed resilience, emphasizing “opportunities for those who come later”. This followed remarks from a rival executive appearing to target Xiaomi’s success. Lei Jun also shared a quote about criticism signifying influence, indicating the company views scrutiny positively while acknowledging user support.

On International Children’s Day, Lei Jun, the founder of a major Chinese tech company, shared a childhood photo depicting him as a youth leader. This nostalgic post, accompanied by the simple caption “Three Stripes,” followed earlier well wishes. The article also briefly highlights Lei Jun’s background, including his studies at Wuhan University and later career moves, culminating in the founding of his own company in 2010.

Xiaomi founder Lei Jun shared his 49th gym visit of 2025 on social media, along with wishes for Children’s Day, projecting optimism. This update follows his ambitious 2025 goals, including delivering 300,000 vehicles and achieving 100 gym visits. The post comes after a period of subdued public presence following a recent traffic incident. Xiaomi is now emphasizing vehicle safety, aiming to exceed industry benchmarks and set new security standards.

Xiaomi founder Lei Jun sparked discussions by emphasizing perseverance and innovation through social media posts aligning with the company’s 15th-anniversary product launch. Introducing three flagship devices featuring its self-developed Surge C1 chip, Lei highlighted Xiaomi’s 11-year semiconductor journey amid skepticism. His 7:10 AM gym post six hours after a late-night update reinforced his disciplined ethos. 360 Security’s Zhou Hongyi praised Xiaomi’s strategy of transparently addressing product flaws to build trust, reflecting shifting dynamics in China’s tech sector. With $1.4 billion invested in 2023 R&D and a 27% YoY rise in premium smartphone sales, Xiaomi signals confidence in vertical integration and its transition from fast-follower to high-end innovator.