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XIAOMI-W's Lu Weibing: 5.4M+ ACs Shipped in 2Q; Growth Prioritized Over Competition
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Lu Weibing, President of XIAOMI-W (01810.HK), revealed on Weibo that the group had over 5.4 million air conditioners shipped in 2Q25, marking a sales growth of over 50% for three consecutive quarters, signaling that the large appliance business has been growing increasingly fast. While some industry peers focus on competition, Lu stressed that XIAOMI-W is more concerned with growth. In 1H25, the group managed to achieve increases in both the volume and price for its air conditioners, unlike some competitors that chose to boost volume through price cuts. AAStocks Financial News |
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