Lei Jun, founder and chairman of XIAOMI-W (01810.HK) -1.140 (-3.560%) Short selling $2.65B; Ratio 81.394% , remarked at the China Development Forum (CDF) 2026 that the mainland's complete industrial ecosystem will be the fertile ground for future industry growth, Chinese media reported. Discussing how technological innovation can promote the development of future industries, Lei mentioned that the depth and breadth of the existing industrial foundation directly affect the speed and height of future industrial development. For instance, XIAOMI has been developing embodied intelligent robots, which not only rely on breakthroughs in intelligent algorithms but also require the support of precision transmission and execution components such as reducers and servo motors. A rich array of innovative technological routes, a complete industrial system, and strong industrial support capabilities will be the fertile ground for future industrial development, Lei opined.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-02 16:25.)
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