Core Viewpoint - Xiaomi Group's co-founder and vice chairman Lin Bin plans to sell up to $500 million of Class B ordinary shares annually starting December 2026, with a total sale cap of $2 billion. The proceeds will primarily fund the establishment of an investment fund, while Lin expresses confidence in the company's business outlook and commitment to Xiaomi's long-term success [1]. Group 1 - Lin Bin's share reduction plan is set to begin in December 2026, allowing for annual sales of up to $500 million [1]. - The total amount Lin Bin intends to sell is capped at $2 billion [1]. - Lin Bin aims to use the proceeds from the share sales to establish an investment fund company [1]. Group 2 - Lin Bin has a history of share reductions, having previously sold shares in August 2019, September 2020, and June 2024 [6]. - In 2019, Lin Bin cashed out approximately HKD 370 million within three days and promised not to sell shares for 12 months [6]. - In September 2020, he sold 350 million shares for nearly HKD 8 billion and announced a five-year lock-up for remaining shares [6]. Group 3 - As of June 30, 2025, Lin Bin holds approximately 2.155 billion shares of Xiaomi, representing 8.31% of the total share capital, making him the second-largest shareholder [6]. - Xiaomi's stock price has been on a downward trend, closing at HKD 39.22 per share on December 28, with a market capitalization of around HKD 1 trillion, down over 30% from its peak in September [6]. - For Q3 2025, Xiaomi reported a quarterly revenue of CNY 113.1 billion, a year-on-year increase of 22.3%, and a record net profit of CNY 11.3 billion, up 80.9% [6].
小米副董事长林斌计划减持不超过20亿美元
Guan Cha Zhe Wang·2025-12-28 13:02