Xiaomi’s Class B shares (1810) announced a buyback of up to HK$20 billion over 12 months, while reaffirming its 2026 vehicle delivery target of approximately 550,000 units. The company reported a quarterly gross margin of 22.0%, down from 22.8% a year earlier. Xiaomi also confirmed plans to launch a second SUV this year, expand electric vehicle sales into Europe in 2027, and advance its AI and robotics initiatives, including updates to its MiMo model and a humanoid robot showcase.
In-Depth:
- Xiaomi Class B (1810) unveils up to HK$20 billion on‑market acquireback over 12 months, reiterates 2026 vehicle delivery tarobtain ~550,000 units; quarterly gross margin 22.0% vs 22.8% year‑ago 1
- Xiaomi Class B (1810) will launch a second SUV this year, expand EV sales into Europe next year, and continue AI and robotics work including MiMo updates and a humanoid revealcase. 2
