Wangxiang Li0:00
Yeah, actually, fans are our core. So we are working very closely with our fans globally, even in the product development cycle, as a philosophy of Xiaomi. So the Russian market actually is a very, very important market. We come here to learn more from our fans, to learn how to serve our customers in Russia and how to develop our product to better fit the requirements of Russian consumers. So I'm very excited about the opportunity to be here. This is the history, this is the first official meeting with Russian fans of Xiaomi, so I'm very, very happy to be here. We were all very excited about the new product launch last week. So actually, I bring that phone with me. I just shared with many of our fans in Moscow. So let me show the phone. Actually, this is a revolutionary design. We got very positive feedback from the global ecosystem. So this is the first phone with a lot of innovations. It's a frameless, full-screen phone. We can support many different kinds of applications, and with the top-class display technology, and even without a microphone on the front. So you look at the design: if you hold this, it looks like you hold the whole world. So we'll continue to invest in innovation. I want to take this opportunity to thank all our engineers working very hard for this product for many, many months, and also a lot of input from our customers around the world to make it happen. So this is a very exciting moment. I hope we can bring this kind of technology and product into Russia. Our slogan is 'Innovation for Everyone.' That means we want everyone to have the opportunity to enjoy the technology. So we will make the best product and make it affordable to as many people as possible. Surprisingly, although in the past we were not officially in the Russian market, we have a lot of fans. So we are very excited working with them. They have already provided many good feedbacks to our product, so we'll continue to work with them. This is the first meeting, I think many meetings to come. So the Russian market is very, very different from the China market. We want a partnership with local partners, including fans, to make the product even better for the consumer here in Russia. Right now we have one great partner, IDC, and Smart Orange. We started our partnership to establish our service and channel in Russia. We are very happy to have a great partner here. The Russian market definitely is one of the focused markets for Xiaomi. That's why we are here. So we are still a startup company with only six years of history. We have to be very focused. We are very successful right now not only in China but in India. In the first 20 days of October, we shipped over 1 million phones to the Indian market. The Russian market actually is also very big, very important to us because you have a population, we have a fan base here, and also we want to work with fans in Russia to make our product better for this market. You will see our partner will build some shops, Xiaomi authorized stores, in Moscow and other major cities so that we can use that platform to enhance the communication between our product and the consumer, and also we can collect a lot of feedback from consumers through that platform. So we have many products, not only smartphones. We have many products in the smart home category. For example, we have a scooter, and also we have an electric powered bicycle, and also we have a rice cooker, all connected. So for example, if you buy rice from a supermarket, you can scan and then you know where the rice grows, so you can pick a recipe best fit for that rice, or you can make your own recipe and upload to the cloud and share with others. So that's kind of IoT, Internet of Things. So we hope we can make our contribution to change the lifestyle, to help people enjoy the innovation, the technology. We have some of them already in the Russian market. You can find them in the market, but you will see more and more. I only give you several examples. We have many product lines. We actually respect the competition, the competitors. Our focus is to make the best product with a very affordable price to the consumer. That's our strategy. We're different than other traditional handset vendors. We want to focus on the product quality and offer affordable price to the consumer.
