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Lu Weibing: Xiaomi announces cash reserves increased by 30 billion after building cars, with stronger overall strength

On March 21, at the Xiaomi Civi 4 Pro conference, Lu Weibing, partner and president of Xiaomi Group, delivered a speech。He said Xiaomi will operate soundly in 2023, doubling its full-year profit。Total revenue of 271 billion yuan, adjusted net profit increased by 126.3% to 19.3 billion yuan, cash reserves of 136.3 billion yuan, a record high.。Lu Weibing stressed that after the announcement of the car three years ago, Xiaomi's cash reserves increased by about 30 billion.。"The overall strength of Xiaomi today is even stronger than it was three years ago.。"He said。

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