Xiaomi Group Partner and President Wei Bing Lu recently announced that during the period from January to November, Xiaomi's air conditioner sales increased by as much as 53% YoY. Wang Hua, General Manager of Xiaomi Group's Public Relations Department, revealed that Xiaomi's major home appliance factory has commenced construction, and Xiaomi air conditioners are expected to achieve independent R&D and production next year. According to the latest news, Xiaomi Smart Appliances (Wuhan) Co., Ltd. acquired industrial land in Wuhan for 65.06 million yuan, planning an annual production capacity of 6 million air conditioners, with an estimated annual output value of 11 billion yuan. Large-scale production is expected to be achieved by 2026.