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Lu Weibing: XIAOMI-W Home Appliance Offline Channel Costs 15-20 ppts Less Than Peers
2025-06-03 17:33:51 From 2023 to 1Q25, XIAOMI-W (01810.HK)'s technological home appliances such as air conditioners, refrigerators and washing machines achieved 'growth in both volume and price,' with the market share of mid-to-high-end air conditioning products reaching 11%, Lu Weibing, President of XIAOMI-W, delivered a speech at Investor Day saying. XIAOMI-W's offline channel costs for home appliances were 15-20 ppts lower than those of its peers, Lu added. ~ AASTOCKS Financial News Website: www.aastocks.com | |