Manufacturer-distributor relationship. Yuanxun Select flagship store sells Xiaomi products, so the relationship between the two should be that of a manufacturer and a distributor.
Yuanxun Preferred Flagship Store is a merchant on JD.com that sells products of other manufacturers as an agent. Basically, all products sold are Xiaomi products.
Xiaomi was established in April 2010. It is a mobile Internet company focusing on independent research and development of high-end smartphones. It was established by top experts from Google, Microsoft, Kingsoft and other companies. It has so far received US$41 million in investment from Morningside, Qiming, IDG and the Xiaomi team, of which 56 people from the Xiaomi team invested US$11 million, valuing the company at US$250 million.
On February 8, 2022, Xiaomi will produce smartphones in Argentina.
February 8, 2022, Lei Jun: Xiaomi Group has officially established a high-end strategy working group.
On February 10, 2022, Xiaomi was granted patent authorization for automatic phone redialing to address 5G network SA mode issues.
On the evening of March 22, 2022, Xiaomi Group announced its 2021 financial report. Xiaomi’s financial report showed that in 2021, Xiaomi Group’s total revenue reached 328.3 billion yuan, a year-on-year increase of 33.5%; adjusted net profit reached 22 billion yuan, a year-on-year increase of 69.5%.