Hua Mi successfully listed in the United States! This is the rhythm for Xiaomi to scout first?

February 9 Morning News, Millet Eco-chain enterprise technology successfully logged into the NYSE, the stock code for the HMI. By the close, Hua mi technology rose $0.03 to $11.03, up 0.27% from its IPO price. At close price, the market value of China rice technology is $656 million. The mainstream media in the country have been reported, many people in the industry think that the rice listing is the major fruit of the millet ecological chain, but also to the future of Xiaomi market laid a solid foundation.

I counted the millet products at home. Well, quite a lot, no less than 10! And the Chinese rice products, there are I am using the smart bracelet and wife greatly in the use of smart scales. The success of the Chinese rice listed in the United States, in fact, is also a thick thin hair, after all, has been in the field of intelligent hardware foothold.

From the product level, the company's products, although the technology does not have an absolute leading edge, but attached to the millet ecological chain coupled with good quality and low prices, or quickly opened the market. In terms of performance, the net profit in the first quarter, second quarter and third quarter of 2017 was 4.53 million yuan, 49.72 million yuan and 49.92 million yuan respectively in Huami. Performance is at a relatively stable level, and this is reflected in the trend of stock prices. For tech stocks, the first day is either a jump or a plunge, and a mere 0.03-dollar rise, like Huami, is relatively rare.

At the same time, the capital market has shown some concern about the future of China rice. The reason is that millet bracelet and other millet-related products in the proportion of rice in China has been very high. 2016 years ago, three quarters of the sales of these products were 870 million yuan, accounting for 97%; 2016 was 1.434 billion yuan, accounting for 92.1%. And 2017 years ago, three quarters, from millet bracelet and other millet products in China rice technology contribution to the revenue of 1.068 billion yuan, accounting for the ratio still up to 82.4%! Although the performance is good, it means that the rice lacks the independent, independent characteristic--leaving the millet ecological chain can not "survive"!

However, for the time being, rice and millet are obviously in the "sweet Period". Lei June not only expressed congratulations, but also said that the success of the Chinese rice listing is the millet ecological chain model of the great victory, it is important for Xiaomi to continue to promote the transformation and upgrading of China's manufacturing industry. In addition, lei June that the Millet model is able to replicate, Hua Mi is the most typical representative case-always adhere to the millet model and millet values. It seems that lei June this is in the millet ecological chain of other businesses a sugar to eat.

And the successful listing of the Chinese rice, may also be the first to go to the listing of Xiaomi, millet accumulation of experience. Of course, because of the volume, brand, number of users and so on, the road of Hua Mi is not necessarily suitable for Xiaomi. It is understood that Xiaomi is most likely to be listed in Hong Kong, not in the United States. So, is lei June already determined to go public this year? Let's wait and see. (New discoveries of science and Technology, Constantine/Wen)

Hua Mi successfully listed in the United States! This is the rhythm for Xiaomi to scout first?