Finance and economics news (reporter’s promise) on the evening of August 11, in the keynote speech of Xiaomi’s 10th anniversary, Lei Jun, the founder, chairman and CEO of Xiaomi group, said that Xiaomi intelligent factory had been officially completed and put into production, and the first product produced was the transparent version of the latest Xiaomi 10 supreme commemorative version. Lei Jun said that Xiaomi intelligent factory is located in Yizhuang, Beijing. The first phase of Xiaomi intelligent factory is now in operation. It is a “black light factory” with fully automated production lines and an annual output of one million high-end mobile phones. In addition, the factory will undertake the tasks of new process, new material, new technology pre research, intelligent equipment research and development, fully automated production line research and development.