According to Zhitong Finance APP, Xiaomi Corporation-W (01810) rebounded over 4%, and as of the time of writing, it rose 3.7% to HKD 46.2, with a transaction volume of HKD 16.359 billion. In terms of news, regarding the report that the Xiaomi SU7 "exploded after a collision on the highway, resulting in casualties," Xiaomi released details of the SU7 high-speed collision explosion accident on Weibo. In addition, Xiaomi CEO Lei Jun responded to the Anhui SU7 incident, stating that no matter what happens, Xiaomi will not evade responsibility and will continue to cooperate with the police investigation, follow up on the progress of the matter, and do its utmost to address the concerns of the families and society. Daiwa Capital Markets previously stated that Xiaomi's net profit performance in the fourth quarter of fiscal year 2024 was strong, with revenue, operating expenses, and interest income all exceeding expectations, although the gross margin was slightly lower than expected, partially offsetting the related performance. For fiscal year 2025, Xiaomi has once again raised its electric vehicle sales target to 350,000 units, while smartphone shipments are expected to exceed 180 million units due to market share growth