Zhongxin Finance, March 22. On the evening of the 22nd, Xiaomi Group released its fourth quarter and full-year financial reports for 2021.

According to the financial report, Xiaomi maintains its expected mass production in the first half of 2024.

  According to the financial report, in 2021, the total revenue of Xiaomi Group reached RMB 328.3 billion, a year-on-year increase of 33.5%; the adjusted net profit reached RMB 22 billion, a year-on-year increase of 69.5%.

In 2021, Xiaomi's global smartphone shipments will increase by 30.0% year-on-year to 190.3 million units.

  Xiaomi said that since announcing its car-building plan in March 2021, the smart electric vehicle business has progressed beyond expectations.

As of now, Xiaomi's automotive business R&D team has exceeded 1,000 people, and will continue to expand R&D in core areas such as autonomous driving and smart cockpits in the future.

Xiaomi maintains its expected mass production in the first half of 2024.