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Xiaomi just introduced the Mi 4 at a launch event in Beijing, and it’s a looker.

We don’t have the full details for now, but those that we do have are pretty interesting. Starting off with the build, just like earlier reports suggested, the Xiaomi Mi 4 features a stainless steel frame, made with “unbelievable craftsmanship & polish” in the words of Xiaomi’s head of international expansion, Hugo Barra. The chamfered edges of the steel frame give the Mi 4 a very sleek appearance, even if the back cover is actually plastic.

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The back cover is removable and Xiaomi will offer a variety of options for the material, including several types of wood, bamboo, leather, and fabric. It’s a trend that Motorola pioneered and OnePlus adopted for the One, which just received its bamboo cover option today.

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Moving on to specs, you get a 5-inch Full HD LCD display, a Snapdragon 801 processor, 3GB of RAM and a choice of 16GB or 64GB of storage. There’s a 13MP f/1.8 camera on the back, while the front sensor is a whopping 8MP, with an f/1.8 lens with 80-degree field of view. The Mi 4 will come with a great 3,080 mAh battery with support for quick charging.

The Xiaomi Mi 4 will be available for CN¥1,999 ($320) for the 16GB version, and CN¥2,499 ($400) for the 64GB model.