Financial Services Association, March 30 (Editor Yu Qi) Xiaomi Auto Concept Stock broke out, and Kaizhong shares, which have passed the new supplier admission review for Xiaomi's car buffer blocks, closed and won a 5-day 3 board. Its automotive injection molds, which have been used in new energy models such as Xiaomi, and the mid-engine inspection that provides automotive design services for Xiaomi cars all closed 20cm. Xiamen Cinda, which has obtained permission from Xiaomi's Kunming Sheet Spraying Center, recorded two consecutive closing days, receiving a 20cm rise and stop in the Jinrong Tianyu market.

Xiaomi Auto held a launch conference on Thursday evening to officially unveil its first new car, the Xiaomi SU7. According to reports, the Xiaomi SU7 is divided into the standard version, the PRO long battery life version, and the MAX version. Among them, the standard version sells for 215,900 yuan, the PRO version costs 245,900 yuan, and the MAX version costs 299,900 yuan. According to an official data poster, the first Xiaomi product, the SU7, broke 10,000 in 4 minutes, broke 20,000 in 7 minutes, and broke 50,000 in 27 minutes. At one point, the speed of poster production couldn't keep up with the sharp increase in order volume. The insane robbery of Xiaomi cars also boosted the sentiment in the capital market. An hour after the press conference, the Xiaomi Group's US stock skyrocketed, and the stock price rose 15% at one point. As of Thursday's close, the Xiaomi Group's US stock had risen more than 12%.

According to Choice data, the Xiaomi concept stocks surveyed by the agency from February 29 to March 29 include Huichuan Technology, Xiangxin Technology, BAIC Blue Valley, Hechang Aggregate, Hausen Intelligence, and HiTech. See the chart below for details:

Among the Xiaomi concept stocks surveyed by the agency mentioned above, it is clear that the listed companies that responded to matters related to Xiaomi cars are Hitec and Hechang. The number of visitors received by the agency during the same period was 12 and 3, respectively. Specifically, Hitec specializes in the development and production of automotive injection molds and plastic parts. When disclosing the investor relations activity records on March 21, the company stated that the company's products have been widely used in mainstream domestic brands such as Great Wall and Changan, as well as new energy vehicle brands such as Ideal, Xiaopeng, Wenjie, and Xiaomi. On the same day, Hitec mentioned on an interactive platform that the company has developed related injection molds for Xiaomi cars, and up to now, such molds have not met the revenue confirmation requirements.

Another reception agency clearly answered during the investigation that Hechang Polymerization, which has a business related to Xiaomi Motors, is mainly engaged in R&D, production, and sales of modified plastics, and has various types of products such as modified polypropylene, modified engineering plastics, and modified ABS. On January 28, the company disclosed a record sheet of investor relations activities, indicating that the new energy brands the company is currently cooperating with include Xiaomi Auto, Extreme Krypton, etc., and they have all been certified by relevant OEMs. According to the performance report announced by Hechang Aggregate on February 27, last year's revenue increased 26.40% year on year; after deducting non-net profit, it increased 36.13% year on year. The company said that one reason for the increase in performance is that sales in the vehicle market, such as terminal models connected to downstream automotive customers, are relatively good, which continues to drive an increase in the company's production and sales. It is worth mentioning that Hechang Polymeric's stock price rose rapidly by nearly 15% in just one minute of opening on Friday, and finally closed up 7.03%.

On the other hand, the Xiaomi concept stocks that have received visits from agencies in the past month also include Huichuan Technology, Xiangxin Technology, BAIC Blue Valley, and Howson Intelligence. However, none of the four listed companies mentioned above clearly responded to the business situation related to Xiaomi cars in the institutional investigation.

Specifically, Huichuan Technology received a maximum of 368 visitors during the same period, and the frequency of visits reached a maximum of 17 times. Wu Shuang of Guoxin Securities said in a February 25 research report that Huichuan Technology is the leading domestic industrial control business. After six years of layout, the NEV business has covered new forces and first-tier car companies, leading the share of electronic control. According to information from the Ministry of Industry and Information Technology, the drive motors used in Xiaomi cars are provided by Suzhou Huichuan United Power Systems Co., Ltd., a wholly-owned subsidiary of Shenzhen Huichuan Technology Co., Ltd. The company announced on the interactive platform on January 8 that it is participating in the joint research and development of Xiaomi Supermotor's V6s motor. According to NE Era statistics, the company's new energy passenger vehicle motor controllers ranked third in the first half of 2023 and ranked first among third-party suppliers.

In addition, Xiangxin Technology, BAIC Blue Valley, and Hausen Intelligence ranked second, third, and fifth in the number of visitors received during the same period, reaching 85, 22, and 8, respectively. Among them, BAIC Blue Valley announced on March 8 that the company plans to jointly fund the establishment of a platform company with BAIC Industrial Investment and Beijing Hainachuan. The registered capital of the platform company is 390 million yuan, of which BAIC Blue Valley will invest 50 million yuan, accounting for 12.82%. As the main management and investor, the platform company will co-invest with Ningde Times, Jingneng Technology and Xiaomi Auto to establish a joint venture, Beijing Times New Energy Technology Co., Ltd., with a registered capital of 1 billion yuan. Xiangxin Technology, on the other hand, stated on an interactive platform on August 25 last year that the company has established a cooperative relationship with Xiaomi Auto. On February 23, Howson Smart also stated on an interactive platform that the company has cooperated with Xiaomi as an intelligent production line supplier, and that the specific business situation involving the confidentiality agreement will not be disclosed for the time being.