Xiaomi Automobile: Supports the "Guidelines for Price Behavior Compliance in the Automobile Industry", resolutely eliminating price fraud and unfair competition practices.

Xiaomi Automobile issued a statement stating that on February 12, the State Administration for Market Regulation issued the "Compliance Guidelines for Pricing Behavior in the Automobile Industry". This is an important measure to regulate the competition order in the automobile industry and support the high-quality development of the industry, which helps to safeguard the legitimate rights and interests of consumers and promote the industry's transformation towards value creation centered on technology and quality. As a participant in the Chinese intelligent connected new energy automobile industry, Xiaomi Automobile firmly supports and actively responds to this. We will follow the "Guidelines" and continue to optimize our own price management and compliance system, strictly implement the requirements for transparent pricing, resolutely prevent price fraud and unfair competition practices. At the same time, Xiaomi Automobile will leverage the synergy of the industrial chain to drive cooperation partners to jointly implement the "Guidelines", work with industry colleagues to maintain a fair competition order, and contribute to the high-quality development of the Chinese automobile industry with practical actions.