Xiaomi Proactively Strengthens Global Partnerships with Success at Xiaomi 2023 Global Partner Conference

From October 12th to 14th, the Xiaomi 2023 Global Partner Conference was successfully convened in Beijing, featuring the theme "Winning Together, Winning Tomorrow". This event marked a significant milestone as it represented the first in-person gathering of Xiaomi’s international suppliers since 2019. An impressive assembly of more than 600 suppliers, partners, and industry leaders from 58 countries and regions convened to engage in thoughtful discussions surrounding strategic approaches and developmental prospects. The primary objective was to foster mutually beneficial cooperation and pave the way for an exceptional future.

The conference focused on establishing a robust collaborative business ecosystem, exchanging insights on bolstering overall global economy challenges, and collectively advancing initiatives in the current intricate and ever-evolving global environment. This conference was to envision a future where attendees can adaptively navigate new shifts, seize opportunities, and confront challenges together, ultimately realizing mutual growth and synergistic development.

William Lu, Partner & President of Xiaomi Corporation and President of Xiaomi International Business Department, stated, "Our mission is to let everyone in the world enjoy a better life through innovative technology, hence, in the midst of challenging global conditions, Xiaomi remains steadfast in its commitment to it’s global market" He continued, "We are dedicated to forging long-term, mutually trusting and win-win cooperation with our strategic partners, implementing localized operational systems and aiming for maximum reach. Moving forward, we will vigorously pursue our brand premiumization strategy, enhancing operational efficiency and relentlessly build amazing products with honest prices. We will also foster collaboration with our partners to continue to succeed in 2024"

Xiaomi’s steadfast commitment to cultivating enduring and mutually beneficial partnerships is exemplified through the ongoing enhancement of its supplier system. It recognizes the importance of maintaining and growing strong and responsible partnerships with its suppliers across the globe, to achieve shared success. These initiatives underscore Xiaomi’s unwavering dedication to a collaborative, win-win philosophy. And to do this, Xiaomi is resolute in providing the needed support, through its business and technological partnerships, to help them deliver both business outcomes and corporate sustainability targets. This year, the company has undertaken a significant pledge to attain carbon neutrality in all its operations by the year 2040.

Steering toward the premium market is an essential facet of Xiaomi’s growth trajectory. Through collaborative endeavors with global supply partners, Xiaomi has achieved notable milestones, undergoing comprehensive upgrades in product innovation, brand transformation, and sales channel optimization. These achievements have solidified a robust foundation for Xiaomi’s competitive presence in its global premium market. ]Lei Jun, Founder, Chairman, and CEO of Xiaomi Corporation stated "At Xiaomi, we stand firm in our dedication to values of sincerity and passion. We commit to investing in the long-term and innovating in sectors that create long-term value for human society and well-being. In the future, Xiaomi will continue on the path of brand premiumization, fostering collaboration with partners, and embracing the global market with unwavering determination"

The 2023 Global Partner Conference underscores Xiaomi’s enduring commitment to fostering a mutually beneficial ecosystem with its partners. This landmark event has fortified our collaboration and propelled Xiaomi’s journey toward excellence in the high-end market. We eagerly anticipate the ongoing partnership with our global suppliers, as together we forge a brighter future ahead.

About Xiaomi Corporation

Xiaomi Corporation was founded in April 2010 and listed on the Main Board of the Hong Kong Stock Exchange on July 9, 2018 (1810.HK). Xiaomi is a consumer electronics and smart manufacturing company with smartphones and smart hardware connected by an IoT platform at its core.

With an equal emphasis on innovation and quality, Xiaomi continuously pursues high-quality user experience and operational efficiency. The company relentlessly builds amazing products with honest prices to let everyone in the world enjoy a better life through innovative technology.

As of the second quarter of 2023, Xiaomi ranked among the top 3 in the global smartphone market, in terms of smartphone shipments, according to Canalys. The company has also established the world’s leading consumer AIoT (AI+IoT) platform, with 654.5 million smart devices connected to its platform, excluding smartphones, tablets and laptops, as of June 30, 2023. Xiaomi products are present in more than 100 countries and regions around the world. In August 2023, the company listed as Fortune Global 500 for the 5th consecutive year.

Xiaomi is a constituent of the Hang Seng Index, Hang Seng China Enterprises Index, Hang Seng TECH Index and Hang Seng China 50 Index.