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well, can explore buying a firetv stick 4k and connect to xiaomi 4k tv.
i bought my ftv stick 4k during promo at usd19.9. connect to the hdmi port and powered by the tv's usb port. my netflix runs in 4k on my xiaomi tv
not too expensive alternative
Yes Amazon FireTV Stick 4K will actually be a very good solution to add Netflix 4K capability to Android TV OS based Mi TV. It supports Dolby Vision and Dolby Atmos under Netflix, better than Mi Box S in this aspect.
Cheaper than Mi Box S as well.

