**Market Highlights**

**BYD Company Limited's Yangwang U9 Xtreme Sets Historic Record: First Production Car to Break 7-Minute Barrier at Nürburgring**

China's automotive industry achieved a historic breakthrough as BYD Company Limited's premium brand Yangwang announced that its U9 Xtreme became the world's first pure electric production vehicle to break the 7-minute barrier at Germany's Nürburgring circuit, recording a lap time of 6 minutes 59.157 seconds. The vehicle also achieved a top speed of 496.22 km/h, earning German ATP certification and officially claiming the title of the world's fastest production car. These achievements demonstrate the pinnacle performance of pure electric supercars and China's automotive innovation breakthrough.

**Berkshire Hathaway Confirms Complete Exit from BYD Position**

Legendary investor Warren Buffett's Berkshire Hathaway has completely divested all shares of BYD Company Limited, according to foreign media reports. A Berkshire spokesperson confirmed this development to international media. Li Yunfei, General Manager of Brand and Public Relations at BYD Group, stated that Berkshire began gradually reducing its stake in August 2022 from shares purchased in 2008, with holdings falling below 5% by June last year.

**Lei Jun Announces Annual Speech "Change" on September 25, to Reveal Xiaomi's Ring Chip and Automotive Stories**

Xiaomi Group founder Lei Jun announced his sixth annual speech scheduled for September 25 at 7 PM, themed "Change," which will explore the stories behind Xiaomi's Ring chip and automotive ventures. This announcement has generated widespread attention, with industry observers anticipating Lei Jun's insights on Xiaomi's technological innovation and strategic transformation processes. Last year's speech, themed "Courage," focused on Xiaomi's automotive journey and technological achievements, detailing the decision-making process behind entering the automotive sector and the challenges faced during development, including remote R&D during the pandemic, culminating in the first prototype's completion in August 2023.

**Liu Qiangdong's Decade-Long "1 Yuan Salary" Commitment Expires**

In August 2015, JD.com announced a ten-year compensation plan for Chairman and CEO Liu Qiangdong featuring an "annual salary of 1 yuan with no cash bonuses," which garnered significant attention at the time. The "ten-year plan" has now expired. This compensation arrangement was disclosed in JD.com's Q2 2015 financial report released on August 7, 2015, stipulating that Liu would receive only 1 yuan RMB in basic salary annually for the following decade, with no cash bonuses.

**iPhone 17 Faces Quality Control Criticism as Retailers Suggest Waiting Before Upgrading**

Apple's iPhone 17 series official launch has sparked consumer attention and purchasing enthusiasm. However, as initial users receive their devices, complaints about "backward frame materials" and "easy scratching" have emerged, generating heated discussions. Early morning topics related to "iPhone 17 first-batch user complaints continue" trended on social media, with related discussions exceeding 45.37 million views. Despite complaints, purchasing enthusiasm remains unaffected, particularly for the iPhone 17 standard edition, which experienced unexpected demand leading to temporary shortages. Following a weekend of pre-order activity, Apple has reportedly instructed two suppliers to increase iPhone 17 daily production by at least 30%.

**Tesla Optimus AI Director Joins Meta as Research Scientist**

Early last month, Elon Musk revealed on social media that several Meta engineers had joined or were joining xAI, noting that he hadn't offered "crazy" upfront compensation packages, contrasting sharply with Meta's high-salary recruitment efforts that began in early June. Recent reports indicate that over a month after multiple Meta employees joined xAI, a key Tesla executive has now moved to Meta. Ashish Kumar, Tesla's AI director for the Optimus humanoid robot, has announced his departure from Tesla to join Meta as a research scientist.

**New Product Launches**

**Xiaomi 17 Series Launch Officially Announced for September 25 with Advanced Imaging Technology**

Xiaomi's official social media account formally announced that the highly anticipated Xiaomi 17 series will debut on September 25 at 7 PM, featuring three flagship products. According to official information, the Xiaomi 17 series includes the Xiaomi 17 (Xiaomi's strongest standard flagship), Xiaomi 17 Pro (Xiaomi's most refined compact technology imaging flagship), and Xiaomi 17 Pro Max (Xiaomi's strongest peak technology imaging flagship), each with distinct characteristics forming Xiaomi's most powerful current product matrix.

**iPhone Air May Enter Chinese Market as Contract Phone, No Unlocked Version Planned**

Industry sources indicate that Apple's iPhone Air is expected to be sold through carrier stores as contract phones next month (October). To avoid consumer confusion regarding number portability, this new model may not offer an unlocked version, raising questions about Apple's sales strategy in the Chinese market. The report notes that beyond Apple devices, domestic manufacturers' flagship products this year are also actively supporting eSIM technology. Some manufacturers' products are already undergoing carrier testing, with industry sources stating: "The terminals are ready now, software may need modifications after regulatory approval, but the key focus remains on carrier support."

**MediaTek Dimensity 9500 Launches: PC-Level All Big Core CPU with Single-Core Performance Matching Apple, AnTuTu Score Exceeds 4.12 Million**

MediaTek officially unveiled the highly anticipated flagship Dimensity 9500 chip, featuring Arm's new exceptional architecture for the first time, marking another significant breakthrough in mobile chip performance. This new processor, with its outstanding performance and power efficiency, is expected to make waves in the smartphone market. According to official specifications, the Dimensity 9500 features PC-level all big core CPU performance, console-level GPU rendering capabilities, and "super performance and super efficiency" dual NPU architecture, delivering unprecedented computing experiences for mobile devices. The CPU architecture employs a 1×4.21GHz Travis + 3×3.50GHz Alto + 4×2.7GHz Gelas configuration, where Travis and Alto represent Arm's new-generation X9 series super cores, while Gelas represents Arm's new A7 series big cores, forming a powerful combination of four super cores and four big cores.