XIAOMI(HK:01810) 2 1 Shi Ji Jing Ji Bao Dao·2025-12-28 14:10Group 1 - The core point of the news is that Xiaomi's co-founder and vice chairman, Lin Bin, plans to sell up to $500 million worth of Class B shares annually starting from December 2026, with a total sale amount not exceeding $2 billion [1][4] - Lin Bin expresses confidence in the company's business prospects and intends to continue serving the group long-term [1] - Lin Bin aims to establish an investment fund focused on emerging technologies and sports industries, which is the reason for his planned share reduction [4] Group 2 - This is not Lin Bin's first instance of reducing his stake in Xiaomi; he previously sold approximately HKD 179 million worth of shares in June 2022, which raised discussions about potential violations of his reduction commitments [4] - Lin Bin clarified that his foundation, established in 2019, is dedicated to charitable and educational projects, and he donated 120 million shares of Xiaomi stock to the foundation in 2020 [4] - As of the 2025 Hurun Global Rich List, Lin Bin's wealth is valued at 80 billion yuan, placing him at the 219th position [4]