Xiaomi Corporation (01810) has secured its place on the Fortune Global 500 list for the eighth consecutive year, ranking 232nd. This marks a significant leap of 65 places from the previous year and represents the company's highest position since it first entered the list in 2019. The upward trajectory in the rankings is a direct result of the powerful momentum generated by its 'Human x Car x Home' ecosystem strategy.
Under this strategic framework, Xiaomi has been accelerating its global expansion and premiumisation efforts. Its electric vehicle business is developing at a rapid pace, while AI is fundamentally reshaping the products and scenarios within the 'Human x Car x Home' ecosystem. This multi-business synergy is consistently enhancing the quality of the company's operations. Fortune magazine has recognised Xiaomi as a global consumer electronics and intelligent manufacturing company, with a core focus on smartphones, smart hardware, and an IoT platform. While maintaining its leadership in smartphone shipments, Xiaomi has also achieved a rapid breakthrough in the smart electric vehicle sector, establishing the auto business as a new growth driver for the group.
In 2025, Xiaomi posted record-breaking financial results, with total revenue reaching RMB 457.3 billion, a year-on-year increase of 25.0%. Adjusted net profit hit RMB 39.2 billion, up 43.8% compared to the previous year. The company's globalisation and premiumisation efforts have also yielded new milestones. Its smartphone shipments have remained among the top three globally for five consecutive years, ranking in the top three in 58 countries and regions worldwide, and in the top five in 70 markets. According to third-party data, Xiaomi's share of the smartphone market in mainland China for models priced above RMB 3,000 reached 27.1%, a historic high. In the Western European market, high-end smartphone sales grew by approximately 40% year-on-year, demonstrating the company's increasingly strong competitive edge in the premium segment.
In the automotive sector, revenue from smart electric vehicles and AI-related innovation businesses surpassed RMB 100 billion for the first time in 2025, reaching RMB 106.1 billion, a year-on-year surge of 223.8%. This has become a crucial engine for the company's overall growth. In terms of sales, third-party data shows that the Xiaomi SU7 was the top-selling sedan in China's 200,000+ RMB price bracket in 2025. The Xiaomi YU7 has been the best-selling mid-to-large SUV in China for seven consecutive months. Since the start of 2025, Xiaomi's cumulative EV sales have ranked first among Chinese brands in the 200,000 to 400,000 RMB pure electric vehicle market. In the first half of 2026, the Xiaomi SU7 maintained its position as the sales champion for pure electric sedans priced above 200,000 RMB. Notably, Xiaomi's new vehicle series, the SkyNomad, is scheduled for official launch in the third quarter of 2026. As a new product line targeting smart, variable large-space SUVs, the SkyNomad will further enrich Xiaomi's automotive product portfolio and inject fresh momentum into the company's next phase of growth.
Continued investment in research and development is providing strong support for Xiaomi's long-term, stable growth. According to Xiaomi founder, chairman, and CEO Lei Jun, the company's cumulative R&D spending over the past five years has reached RMB 105.5 billion. Looking ahead, Xiaomi plans to invest at least another RMB 200 billion over the next five years to continuously build its technological moat. In 2026, Xiaomi intends to allocate RMB 16 billion to AI research, with a cumulative investment of no less than RMB 60 billion in the field over the next three years. This will drive the ongoing AI-driven transformation of the 'Human x Car x Home' ecosystem. In April of this year, Xiaomi officially launched the MiMo-V2.5 series. The MiMo-V2.5-Pro model achieved a tie for first place globally in both the Overall Intelligence Index and the Agent Index for open-source models on the authoritative global benchmark platform, Artificial Analysis. Data from OpenRouter on July 27th showed that Xiaomi's MiMo-V2.5 model topped both the weekly and monthly global charts for large model inference volume, becoming the only model in the world to surpass 10 trillion tokens in weekly usage. This indicates widespread adoption by the global developer community.