Xiaomi Group News: In the third quarter, revenue reached 113.12 billion yuan, a year-on-year increase of 22.3%; After adjustment, the net profit reached a historical high of 11.3 billion yuan, a year-on-year increase of 80.9%. The revenue of the mobile phone x AIoT division was 84.1 billion yuan, a year-on-year increase of 1.6%; The shipment volume of smartphones was 43.3 million units, a year-on-year increase of 0.5%; The innovative business segments such as intelligent electric vehicles and AI achieved a single quarter operating profit for the first time, with an operating income of 700 million yuan.
DMC surged by over 2000! Today, all major companies will raise their prices for the opening of the market! Confirmed major turning point in the silicone industry! The National People's Congress has reached a preliminary key consensus, and the supply side reform has been fully launched, leading to a change in the logic of industry competition.
Heavy news emerged from the closed door meeting of the actual controllers in the silicone industry, with representatives from participating companies accounting for over 80% of the industry's total production capacity. After cross validation from multiple sources, the three major consensuses reached at this conference will profoundly change the industry ecosystem:
Revolutionary adjustment of price mechanism
The meeting established a new mechanism of "dynamic price anchoring", with DMC benchmark delivery price locked at 13000-13200 yuan/ton, 107 rubber at 13700-13900 yuan/ton, and raw rubber at 13900-14000 yuan/ton. It is worth noting that the pricing model of "raw material cost+reasonable comprehensive cost" has been introduced for the first time, breaking the previous pricing logic based solely on supply and demand. According to insiders, this price range is expected to become the benchmark for contract prices from the fourth quarter to the first quarter of 2026.
Implementation of supply side dynamic regulation mechanism
More noteworthy is that the conference established a mechanism of "demand cycle linked production reduction", with a maximum reduction of up to 30%. According to internal information obtained, the mechanism sets clear triggering conditions: when industry inventory exceeds 45 days and actual prices remain below cash costs for two consecutive weeks, a tiered production reduction will be initiated. This move marks the industry's transition from decentralized competition to collaborative development, and the high-quality development of the industry has entered a substantive stage.
Strategic upgrade of competition dimension
The meeting released a clear signal: the industry has officially bid farewell to the "price war" mode. Several top executives from leading companies have confirmed that future competition will focus on three major tracks: 1) systematization of technology services (expected to increase R&D investment by top companies to over 3.5% of revenue), 2) modularization of product functions (developing specialized brands for high-end fields such as new energy, electronic packaging, and global innovative applications), and 3) customization of solutions (transforming from material suppliers to technology service providers)
The preliminary consensus reached this time means that the organic silicon industry has officially entered a new cycle of "value driven", and the industrial ecology will undergo fundamental changes.
Industry analysis suggests that in recent times, the organic silicon industry has been driven by the trend of "anti involution", and the market supply and demand pattern has gradually improved, with increasing expectations for price stabilization and recovery. From the demand side, downstream enterprises generally hold an optimistic attitude towards the future market under the psychological expectation of "buying up instead of buying down". Some manufacturers have begun to increase their procurement efforts and gradually start the stocking process. With the further recovery of market sentiment, it is expected that there will be a concentrated replenishment market in the short term, which will provide strong support for prices and drive the price of organic silicon into a new upward trend.