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<Research>G Sachs Keeps Buy on XIAOMI-W, Anticipates AI Tech to Power Differentiated Development in 'Human x Car x Home' Ecosystem
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XIAOMI-W (01810.HK) has recently announced the full open-source release of its embodied large model MiMo-Embodied.

According to a Goldman Sachs research report, this model integrates autonomous driving and embodied intelligence technology, achieving efficient operation in dynamic physical environments.

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XIAOMI-W has also launched an enhanced version of its end-to-end assisted driving system HAD, which currently has around 473,000 active users and has accumulated 300 million kilometers of assisted driving mileage.

With XIAOMI-W's plan to invest over RMB7 billion in AI R&D by 2025, Goldman Sachs expects XIAOMI-W to disclose more AI technology achievements in the coming quarters, along with progress in applying AI to the Xiaomi ecosystem, driving differentiated development in the "Human x Car x Home" ecosystem.

Goldman Sachs kept a Buy rating on XIAOMI-W, with a target price of HKD53.5.

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