The wealthy executives of the big companies are around you.

On New Year’s Eve watching the Spring Festival Gala, the two characters “Zhui Mi” in the lower left corner, combined with the recent trending comments, aim to create the first company in human history worth a hundred trillion dollars.

Dr. Ren has my full support. Most netizens seem to criticize Dr. Ren, possibly influenced by the recent Evergrande incident shaping their perception of him.

What I want to clarify is that marketing slogans are understandable; people’s opinions vary in correctness. We all want to express our views. Opinions are easy—simply opposing or supporting.

But is your opinion based on thorough thinking and analysis, or just emotional reactions? That’s what I want to emphasize: there’s no right or wrong, only analysis.

1. How is Zhui Mi really doing?

Zhui Mi has performed very well over the past year.

From 2019 to 2023, Zhui Mi Technology’s five-year compound annual growth rate exceeded 100%. IDC data shows that by Q1 2025, Zhui Mi holds about 11.3% of the global robot vacuum market, ranking third, moving up two spots from the previous year. The top two are Roborock and Ecovacs.

How about Roborock? It has a gross profit margin of 43% and a market value of 38.4 billion yuan. Before Zhui Mi entered the scene, if it can reach Roborock and Ecovacs levels, its market cap could be around 40-50 billion yuan.

Their overseas revenue accounts for about 40%-50%.

In the early days, Zhui Mi only OEMed products for Xiaomi, mainly making branded smart home cleaning devices like vacuum cleaners and mops. Founder Yu Hao realized that OEM profits are slim and heavily dependent on clients. Zhui Mi was officially established in 2017 to develop its own brand.

Secondly, what about this market? I won’t go into detailed data, but there are quite a few competitors—it’s a red ocean. Xiaomi, as a former client, was also part of it. Xiaomi’s marketing and ecosystem are significant.

In September 2025, Xiaomi launched small home appliances and kitchen appliances, releasing many products.

2. How about the technology?

Recently, Zhui Mi launched a dual-mechanical-arm floor cleaning robot, introducing the concept of “embodied intelligence” for the first time, enabling AI-powered dual-arm collaborative cleaning. At previous events like CES in the US and AWE in China, Zhui Mi showcased a robot vacuum with mechanical arms, expected to hit the market this year. The market views this as an evolution from single-function robots to multi-task, generalized household robots.

Wang Hongpin, head of Zhui Mi’s China research and development for floor cleaning machines, said: “Embodied intelligence and dual mechanical arms give the floor cleaner eyes, a brain, and hands. In the future, consumers might just push the robot around their home, and it will automatically adapt to different scenarios to complete cleaning tasks.”

Embodied intelligence is a trendy term now—basically, it’s about making cleaning robots more human-like and smarter.

Today, a news broke: mainstream large models collectively failed. They answered incorrectly.

Even simple general knowledge questions online are still not perfect. And concepts like human-like cleaning are just for publicity.

3. Who is Elon Musk, and how is he?

4. He manages a vast tech empire including Tesla, SpaceX, X (formerly Twitter), xAI (artificial intelligence), Neuralink (brain-machine interfaces), and more.

Most people know Tesla electric vehicles. SpaceX is known for using robotic arms to recover rockets, which is original innovation.

Neuralink is also original and has already entered clinical trials.

2. World’s richest person: He is currently the wealthiest person in human history. Driven by the merger of SpaceX and xAI (valued at $1.25 trillion), his personal net worth surpassed $850 billion in February 2026. What does this mean?

It means he is still the richest person, even after halving his wealth.

When it comes to technology, DeepSeek is now focused and calm. How would a reasoning tech like R1 perform in any company? Would it open source? Currently, the entire internet is urging for V4, but DeepSeek remains unmoved.

Many billionaires with assets worth billions or those with deep financial insight say they are not interested in money. Most netizens see this as bragging—like a gluttonous man who doesn’t understand hunger. But think about it: if you have dozens of billions, and you’re burning money daily, and your spending can’t keep up with your wealth growing, you can imagine the situation.

There are probably many such people. What I want to say is that many wealthy individuals have reached this level, but what do they do? Can they, like Musk, risk all their assets on rocket technology? What if Tesla becomes a robot? Maybe in a few years, Musk’s companies will be in space.

Furthermore, how many wealthy people are still working overtime until they collapse? Humanity is shouting loudly, but are the programmers still risking their health for survival tomorrow?

Human productivity has increased a million times—what’s the point if people are just fighting each other? Most ordinary people just want to live healthily.

Of course, more people in China want to be like Musk. That’s what most support. But the big bosses are ambitious, proud, and full of hubris. Many small companies aim to serve humanity. But can they truly make life easier and healthier for ordinary people?

Can they give 50% of their profits to employees? Can they leave work on time?

Can they stop slashing hundreds of billions in subsidies, which ultimately only benefits merchants and ordinary consumers?

Can they make life easier and happier for ordinary people?

Can they learn from the value orientation of Pang Donglai? No high-tech—just running a supermarket.