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Xiaomi Group: Co-founder Lin Bin Intends to Divest Up to US$2 Billion Worth of the Company's Class B Common Shares
2025-12-28 /
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Author：小编
On December 28, Xiaomi Group issued a statement on the Hong Kong Stock Exchange, revealing that Lin Bin, its co-founder, executive director, and vice chairman, has outlined plans to divest shares. Specifically, starting from December 2026, and on a recurring 12-month basis, Lin Bin intends to sell Class B common shares of the company with a value not exceeding US$500 million per interval. The cumulative value of these divestments over time is capped at US$2 billion. Lin Bin has reiterated his strong belief in the group's business outlook and his unwavering dedication to serving the group over the long haul. The funds generated from these share sales will predominantly be channeled into the establishment of an investment fund company.
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