Xiaomi Founder Lei Jun Steps Down From Roles at Three Affiliated Firms

Xiaomi founder Lei Jun has not too long ago withdrawn from three affiliated corporations, together with Xiaomi Software Technology Co., Ltd., Xiaomi Pictures Co., Ltd. and Beijing Tianmi Technology Co., Ltd. He beforehand served because the chairman of the previous two corporations and the director of the final one.

Xiaomi Software Technology Co., Ltd. was established in December 2011 with registered capital of $3 million, and its enterprise scope consists of analysis and improvement of laptop software program and data expertise, technical session, technical providers, amongst different areas.

Xiaomi Pictures Co., Ltd. was established in June 2016 with registered capital of fifty million yuan ($7,375,610), and its enterprise scope consists of radio and tv program manufacturing, movie distribution, brokerage, and movie and tv planning.

Finally, Beijing Tianmi Technology Co., Ltd. was established in July 2015 with registered capital of two.45 million yuan. Its enterprise scope consists of laptop software program, {hardware} and community expertise improvement, commissioned processing of laptop computer merchandise equipment, laptop system integration, and others.

Lei Jun has now withdrawn from a number of Xiaomi-affiliated corporations, together with because the chairman of Xiaomi Electronic Software, the chairman of Sichuan Yinmi Technology, govt director of Xiaomi Mutual Entertainment, director of Xiaomi Youpin Company, and extra.

In response to hypothesis brought on by Lei Jun’s withdrawal, Wang Hua, the overall supervisor of Xiaomi public relations, responded on Weibo in December final yr that this conduct was regular. He mentioned that Lei Jun’s power is especially targeted on automaking-related affairs, and executives can already share some work and tasks. On January 3, Wang Hua denied a report about Xiaomi Auto encountering a hurdle.

According to data obtained by LatePost, Xiaomi‘s first EV mannequin is a medium-sized fastback sedan. It will probably be accessible in two variations, with corresponding worth ranges of 260,000-300,000 yuan and over 350,000 yuan. Xiaomi has not but given official discover on this matter.

SEE ALSO: Xiaomi Developing Two Car Models Simultaneously

Since the tip of 2022, the organizational construction and personnel administration of Xiaomi have been in turmoil. Earlier, it was reported that layoffs reached about 15%, which was denied by the corporate. Wang Xiang, the president and a associate of Xiaomi, retired, and William Lu took over as the brand new group president.

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