Xiaomi's share price recently soared to new heights, achieving a market valuation that surpassed HK$1.47 trillion. Despite this surge, rumors of Lei Jun ascending to the position of China's wealthiest individual have been debunked. According to the most recent Bloomberg and Forbes rankings, Zhong Shanshan maintains his title as China's richest man, with Lei Jun placed in the third or fourth spot. Notably, an article titled "Lei Jun, the New Richest Man," originally published on the Wuhan Release official account, has since been removed. It is anticipated that Lei Jun will address this matter directly during his speech at the Xiaomi SU7 Ultra launch event. As Xiaomi's automotive team's meticulously crafted high-end model, the SU7 Ultra's unveiling has garnered significant attention, and Lei Jun's remarks are poised to further elevate the event's profile.