Tianyancha App shows that recently, Suzhou Qixin Microelectronics Co., Ltd. has undergone industrial and commercial changes, adding Hainanimu Venture Capital Co., Ltd. (Xiaomi affiliate) and Jiaxing Qijie Equity Investment Partnership (limited partnership) as shareholders, and the company’s registered capital. increased to approximately RMB 9,823,900.

　　Suzhou Qixin Micro-Semiconductor Co., Ltd. was established in October 2020. Its legal representative is Wan Yucong. Its business scope includes sales of special equipment for semiconductor devices; sales of electronic products; integrated circuit chip design and services; integrated circuit sales, etc. According to the official website, Qixinwei is mainly engaged in the research and development and sales of high-end automotive controller chips.

　　Regarding Xiaomi Auto, in November 2021, Xiaomi Auto signed a cooperation agreement with the Beijing Economic and Technological Development Zone Management Committee and officially settled in the Beijing Economic and Technological Development Zone. According to the plan, Xiaomi Auto will build a vehicle factory in two phases in the Beijing Economic and Technological Development Zone. The cumulative annual output of the factory is expected to be 300,000 vehicles, of which the first phase and the second phase have a production capacity of 150,000 vehicles.

　　The first Xiaomi car will roll off the assembly line in the Beijing Economic and Technological Development Zone in 2024 and achieve mass production.