Xiaomi Group’s 2023 annual report mentioned that Xiaomi’s large home appliance business continued its high growth trend, with annual revenue from large home appliances increasing by 40% year-on-year. In 2023, Xiaomi’s air-conditioning product shipments exceeded 4.4 million units, a year-on-year increase of 49%; refrigerator product shipments exceeded 2 million units, doubling year-on-year; washing machine shipments exceeded 1.3 million units, a year-on-year increase of 24%.