Group 1 - Lin Bin plans to sell up to $5 billion of Class B common stock every 12 months starting from December 2026, with a total sale cap of $20 billion (approximately 14 billion RMB) [3] - The proceeds from the sale are intended to establish an investment fund focusing on emerging technologies and sports industries [3] - Lin Bin expressed confidence in Xiaomi Group's business prospects and stated his intention to continue serving the company long-term [3] Group 2 - This is not Lin Bin's first reduction of Xiaomi shares; previous reductions occurred in 2019, 2020, and 2024, with the 2024 reduction explained as being for charitable purposes [4] - The market reacted sensitively to the early disclosure of this long-term reduction plan, with Xiaomi's stock price opening lower and dropping over 3% on the following day, leading to a market capitalization below 1 trillion HKD [6] - As a co-founder of Xiaomi Group, Lin Bin is viewed as the "number two" figure in the company, holding a significant amount of shares, with the planned $20 billion reduction representing about 10% of his total share value [7]
小米副董事长拟减持套现140亿，或成立投资基金？
Sou Hu Cai Jing·2025-12-29 06:51