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MiniMax's Yan Junjie: Will No Longer Receive Salary, Personally Allocates 5% of Company Shares for Team Incentives and Open-Source Support
1 day ago /
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Author：小编
On July 10, 2026, Yan Junjie, founder and CEO of MiniMax, issued a company-wide letter in response to market fluctuations, emphasizing that the company's long-term direction remains unchanged. He announced that he will no longer receive a salary from now until the company achieves AGI. Over the next four years, he will allocate 4% of the company's total shares under his name to incentivize team members and allocate 1% of the shares to establish a special fund to support the development of the open-source community. On the same day, MiniMax completed a new round of financing totaling HK$16 billion.
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