Yesterday, Lei Jun underwent a dual transformation in his status. In the morning, Xiaomi Group's share price soared, briefly crowning him as the "newest billionaire". However, he promptly dismissed this as false news within the Wuhan University alumni community. Later in the evening, at Xiaomi's dual Ultra new product launch event for both mobile phones and cars, Lei Jun demonstrated his commitment to value: the Xiaomi 15 Ultra retained its original pricing without any markup, while the Xiaomi SU7 Ultra was priced at 529,900 yuan, marking a substantial reduction of 285,000 yuan from the previous pre-sale price of 814,900 yuan. Lei Jun emphasized during the event, "Our goal is to make this car accessible to those who genuinely appreciate it."
