Xiaomi Technology Co., Ltd. has recently submitted an application for the trademark registration of "Xiaomi Yu7," categorized under transportation in the international trademark classification system. The application is currently undergoing substantive examination. Founded in March 2010 by Lei Jun, Xiaomi boasts a registered capital of 1.85 billion Chinese yuan and is jointly owned by Lei Jun, Li Wanqiang, Hong Feng, and Liu De. According to industry experts, this trademark application represents a standard defensive registration practice employed by the company. The English equivalent of "Yu7" is "YU7," evoking imagery of a "land chariot, journeying with the wind."