Understanding the Market | Xiaomi Corporation-W rose nearly 5% in the afternoon, with August delivery exceeding 30,000 vehicles; the market is focused on the gradual release of production capacity
Xiaomi Corporation-W's stock price rose nearly 5% in the afternoon, reaching HKD 56.6, with a transaction volume of HKD 10.042 billion. The delivery volume in August exceeded 30,000 units, indicating that the company's order scale far exceeds its current delivery capacity. To meet market demand, the second-phase factory has been put into production, and capacity is gradually being released. In addition, Guohua (Qingdao) Intelligent Equipment Co., Ltd. has added Xiaomi Intelligent Manufacturing Equity Investment Fund as a shareholder, increasing its registered capital
According to Zhitong Finance APP, Xiaomi Corporation-W (01810) rose nearly 5% in the afternoon, and as of the time of writing, it was up 4.81%, trading at HKD 56.6, with a transaction volume of HKD 10.042 billion.
In terms of news, on September 1st, Xiaomi Auto announced on Weibo that its delivery volume exceeded 30,000 units in August. This marks the second time since July that Xiaomi Auto's monthly delivery volume has surpassed 30,000 units. Xiaomi Auto stated: "In August, 18 new stores were added, bringing the total to 370 stores in 105 cities nationwide; in September, we plan to add 32 new stores, expected to cover 14 cities including Tangshan and Taizhou." First Shanghai's recent research report pointed out that the company's order scale has far exceeded its current delivery capacity, resulting in a significant supply-demand gap. To match market demand, the second-phase factory has officially commenced production, and the current capacity is in the ramp-up stage. As capacity is gradually released, it is expected to effectively alleviate the current supply shortage.
It is worth noting that Tianyancha's business information shows that recently, Guohua (Qingdao) Intelligent Equipment Co., Ltd. underwent a business change, adding Beijing Xiaomi Intelligent Manufacturing Equity Investment Fund Partnership (Limited Partnership) as a shareholder, while the registered capital increased from approximately RMB 9.3522 million to approximately RMB 10.4745 million. Guohua Intelligent was established in February 2021, with Wang Guang as the legal representative. It is a high-tech enterprise focused on the research and development of core components for robots in the upstream of the intelligent manufacturing industry and the integration of systems in the downstream. It is committed to developing high-precision, high-torque, low-temperature rise, low-noise high-precision robot joint harmonic reducers, aiming to achieve the localization of high-end harmonic reducer products
