XIAOMI(HK:01810) Sou Hu Cai Jing·2026-01-13 09:21Core Viewpoint - Wang Teng, once seen as a successor at Xiaomi, was dismissed for leaking company secrets and conflicts of interest, but has quickly announced the establishment of a new company focused on sleep health products within four months of his departure [1][15][30]. Group 1: Background and Dismissal - Wang Teng was considered a key figure at Xiaomi, with his recruitment personally overseen by CEO Lei Jun during a second interview in 2016 [5][7]. - He achieved significant success with the Redmi brand, particularly with the K40 series, which became a bestseller in the mid-range market [11][13]. - His dismissal on September 8, 2025, was shocking to many, attributed to leaking company secrets and conflicts of interest [15][13]. Group 2: Post-Dismissal Developments - Following his dismissal, Wang Teng expressed gratitude towards Lei Jun and indicated he would continue to support Xiaomi [16]. - He faced speculation about his next steps, with rumors suggesting he might join another tech company or continue in the mobile industry [22]. - On October 1, 2025, he hinted at considering entrepreneurial projects, leading to discussions about his future endeavors [25]. Group 3: New Company Formation - On January 8, 2026, Wang Teng announced the formation of his new company, "Today Yi Xiu," which focuses on developing sleep health products [30][32]. - The company was registered with a capital of 1 million yuan and established on January 6, 2026 [33]. - Wang Teng's background in biological information and experience in technology products positions him well for this new venture, especially in the growing market for AI-driven health solutions [36][38]. Group 4: Team Composition and Market Position - The initial team for Wang Teng's new company includes members from major firms like Xiaomi and Huawei, indicating his strong industry connections [40][42]. - His ability to quickly assemble a capable team and define a clear direction for the company reflects his strategic planning and leadership skills [32][46]. - The rapid transition from dismissal to entrepreneurship has sparked discussions about his potential impact in the health tech sector, with many expressing optimism about his future success [50].