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XIAOMI-W (01810.HK) Simplifies Equity Structure of Four Subsidiaries to Enhance Efficiency; Lei Jun Increases Stake
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XIAOMI-W (01810.HK) announced that four wholly owned subsidiaries have adjusted their equity structures by reducing capital contributions to enhance administrative efficiency. Under the new contractual arrangements, Xiaomi Technology is owned by Lei Jun and Liu De as to 97.48% and 2.52%, respectively; Beijing Wali Network is owned by Lei Jun and Liu Yang as to 13.33% and 86.67%, respectively; Youpin Information Technology is owned by Lei Jun and Liu De as to 87.5% and 12.5%, respectively; and Beijing Xiaomi Electronic Software is owned by Lei Jun and Liu Lingdi as to 90% and 10%, respectively.

Compared with the existing contractual arrangements, the original registered shareholders of Xiaomi Technology were Lei Jun (77.80%), Li Wanchang (10.12%), Hong Feng (10.07%) and Liu De (2.01%). The shareholders of Beijing Wali Network were Lei Jun (10%), Liu Yang (65%), Liang Qiushi (14%), Liu Jingyan (6%), Yuan Bin (3%) and Nan Nan (2%). The shareholders of Youpin Information Technology were Lei Jun (70%), Hong Feng (10%), Liu De (10%) and Li Wanchang (10%). The shareholders of Beijing Xiaomi Electronic Software were Lei Jun (90%) and Hong Feng (10%). (de/d)



This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.
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