Xiaomi Group adjusts its subsidiary shareholders, with Lei Jun's shareholding percentage increasing.

On April 2nd, Xiaomi Group announced that, in order to enhance administrative efficiency, the shareholder structure of four subsidiary companies has been adjusted, with Lei Jun's shareholding increasing. Specifically, Lei Jun's shareholding in Xiaomi Technology has increased to 97.48%, and his shareholding in Youpin Information Technology has increased to 87.5%. The announcement stated that this shareholder consolidation is aimed at promoting more efficient management of administrative affairs in the subsidiary companies and achieving stable operations.