Xiaomi Group's financial report for the second quarter of 2025 has unveiled remarkable growth, with the company's revenue soaring to RMB 115.96 billion, marking a 30.5% increase from the previous year and setting a new all-time high. Adjusted net profit stood at an impressive RMB 10.83 billion, experiencing a year-over-year surge of 75.4%. Innovative sectors, including smart electric vehicles and AI, exhibited robust performance, generating a combined revenue of RMB 21.3 billion. Notably, the automotive business alone contributed RMB 20.6 billion, boasting a gross margin of 26.4%. IoT and consumer product revenue also witnessed a significant jump, rising 44.7% year-over-year to RMB 38.7 billion. Smartphone shipments edged up slightly to 42.4 million units, although revenue dipped to RMB 45.5 billion compared to the previous year. Meanwhile, internet service revenue increased to RMB 9.1 billion, marking a 10.1% year-over-year growth. In terms of investment in the future, Xiaomi's research and development expenditure reached RMB 7.76 billion, up 41.2% from the previous year.