During a livestream, Lei Jun addressed the swirling rumors that he had amassed paper profits exceeding 10 billion yuan from his investment in Unitree Technology. He set the record straight, stating that the investment was made by Shunwei Capital and was not a personal investment initiative. Shunwei Capital stood as the sole investor in Unitree Technology's Series A funding round and has been a steadfast supporter of the early-stage startup over the long haul.

Lei Jun recounted his own struggles in securing funding during his formative entrepreneurial years, which is precisely why he has been an ardent advocate of angel investing to empower young entrepreneurs. On its debut day on the market, Unitree Technology's market capitalization soared to 341.8 billion yuan, with Shunwei Capital's corresponding stake valued at roughly 13.6 billion yuan.

Previously, rumors had also circulated about Lei Jun pocketing 700 million yuan in paper profits from an IPO investment in Changxin Technology, sparking widespread debate. Xiaomi responded by clarifying that this was a corporate investment and had no bearing on Lei Jun's personal wealth.

Shunwei Capital has a long-standing commitment to investing in the technology sector. This year alone, it has invested in several listed hard-tech companies. Additionally, it made an early angel investment in Dreame Technology and provided crucial order support.