Mei Ri Jing Ji Xin Wen·2025-09-09 03:19Core Viewpoint - The dismissal of Wang Teng, a senior manager at Xiaomi, due to serious violations including leaking company secrets and conflicts of interest, highlights the company's strict adherence to internal regulations and the importance of maintaining confidentiality in a competitive market [5][16][19]. Group 1: Incident Overview - On September 8, Xiaomi announced the termination of Wang Teng for leaking confidential information and having conflicts of interest [5][16]. - Wang Teng publicly denied the allegations of selling company secrets, stating that he had not engaged in illegal activities but acknowledged his shortcomings [2][19]. - Wang Teng had a notable career at Xiaomi, joining in 2016 and holding various significant positions, including the role of General Manager for the Redmi brand [7][17]. Group 2: Company Response and Policy - Xiaomi's response to Wang Teng's actions reflects its "zero tolerance" policy towards violations, emphasizing the importance of ethical conduct within the organization [20][22]. - The company has established a governance structure to oversee business ethics, with the board of directors responsible for the highest level of governance [20]. - In 2024, Xiaomi reported handling multiple cases of corruption, indicating a proactive approach to internal compliance and ethical standards [20][21]. Group 3: Industry Context - The incident underscores a broader trend among major tech companies, including Tencent and Alibaba, to enforce strict internal regulations and combat corruption [21][22]. - The emphasis on ethical governance is seen as essential for maintaining competitive integrity and fostering a healthy corporate environment [22]. - The case of Wang Teng serves as a cautionary tale for employees in large organizations, illustrating the consequences of violating company policies, regardless of past contributions [22].