小米集團－Ｗ：2025年中期報告.pdf

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1、2025 年中期報告股份代號：1810（港幣櫃台）及 81810（人民幣櫃台）?www.hkexnews.hk?183?17M?.hk?468163254555657596163119?4?22?52025?Maples Corporate Services LimitedPO Box 309Ugland HouseGrand Cayman,KY1-1104Cayman Islands?33?19?1928?15?42?181?27?183?17?1712?1716?Maples Fund Services(Cayman)LimitedPO Box 1093,Boundary HallCric

2、ket SquareGrand Cayman,KY1-1102Cayman Islands?1810?81810?6?2025?6?30?2024?6?30?227,249.4164,394.738.2%?51,506.935,223.946.2%?26,562.19,571.8177.5%?27,570.811,901.8131.7%?22,765.99,242.9146.3%?121,506.312,666.469.8%1?7 72025?(1)?2025?AI?(2)?2025?6?30?(3)?2025?6?2025?6?30?2,272?AIoT?(1)?1,874?AI?(1)?3

3、98?22.7%?157,171?IoT?(2)989.1?(3)731.2?84.2?8?2025?6?30?X AIOT?AI?1.?2025?2025?2,272?38.2%?2025?AIoT?1,874?18.6%?AI?398?2025?215?69.8%?92025?2025?84.2?1.8%?Canalys?2025?14.4%?20?2025?6?731.2?8.2%?2025?6?30?AIoT?IoT?989.1?20.3%?2025?157,171?2025?145?35.8%?2025?6?30?22,641?2025?5?O1?O1?3nm?10?CPU?16?G

4、PU?O1?Xiaomi 15S Pro?Xiaomi Pad 7 Ultra?T1?T1?4G?4G?Xiaomi Watch S4 eSIM 15?2025?4?Xiaomi MiMo?Xiaomi MiMo-7B?4?Xiaomi MiMo-7B?70?2025?5?Xiaomi MiMo-VL-7B?70?Xiaomi MiMo-7B?2025?7?2 Canalys?Omdia?3?4?AIME 24-25?LiveCodeBench v5?10?AI?ICCV 2025?2025?7?63?ACL 2025?10?ACL 2025?GUI?AI?Xiaomi YU7?2025?6?

5、AI?10?2025?5?26.2%?4.4?2025?4,0005,000?4.6?24.6%?5,0006,000?2.5?12.0%?2025?2,700?17,000?200?2025?12.2%?2.5?2025?6?2025?BrandZ?50?2025?7?7?500?297?100?5?3,000?112025?2.?AIoT2025?AIoT?1,874?18.6%?AIoT?22.2%?0.5?2025?961?12.0%?84.2?1.8%?Canalys?2025?14.4%?2025?1.3?18.2%?1.7?21.7%?17.3%?18.5%?2.6?13.8%?

6、2025?61?69?Xiaomi?2025?5?Xiaomi 15S Pro?Xiaomi 15S Pro?O1?Pro?Xiaomi 15S Pro?O1?ISP?2025?6?Xiaomi MIX Flip 2?4.01?5,000?5,000?REDMI?2025?6?REDMI K80?9400+?D2?6.83?144Hz?7,410mAh?12?IoT?2025?IoT?711?50.7%?23.8%?4.0?2025?6?30?AIoT?IoT?989.1?20.3%?AIoT?20.5?26.8%?2025?6?APP?16.8%?113.1?16.4%?153.2?2025