XIAOMI(HK:01810) Cai Jing Wang·2025-12-29 03:21Core Viewpoint - Xiaomi Group's co-founder and executive director, Lin Bin, plans to sell up to $500 million of Class B ordinary shares annually starting December 2026, with a total sale amount not exceeding $2 billion. Lin expresses confidence in the company's business prospects and intends to serve the group long-term. The proceeds from the share sales will primarily be used to establish an investment fund company [1] Group 1 - Lin Bin's share sale plan involves a maximum of $500 million per year starting from December 2026 [1] - The total amount of shares Lin Bin plans to sell will not exceed $2 billion [1] - Lin Bin expresses confidence in the future of the group's business [1] Group 2 - The funds raised from the share sales will mainly be used to set up an investment fund company [1]