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MiniMax-M2.1 is a cutting-edge, lightweight large language model designed for coding, agentic workflows, and modern application development. With just 10 billion activated parameters, it offers a significant boost in real-world performance while ensuring low latency, high scalability, and cost-effectiveness. Compared to the previous version, M2.1 delivers more concise, clearer outputs and quicker response times. It excels in multilingual coding, achieving 49.4% on Multi-SWE-Bench and 72.5% on SWE-Bench Multilingual, making it an adaptable engine for IDEs, coding tools, and a wide range of assistant applications.