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Lei Jun Withdraws From Xiaomi Technology (Wuhan) Co., Ltd.

Dec 07, 2021, 19:40pm2021/12/08 10:51:37 Pandaily

According to Tianyancha App, Xiaomi Technology (Wuhan) Co., Ltd. has changed its legal representative from Lei Jun to Zeng Xuezhong on Monday. At the same time, Lei Jun withdrew from the position of executive director and general manager.

Xiaomi<img decoding="async" class="trade-card__loading" layout="fixed" height="50" width="50" src="https://assets.pandaily.com/uploads/2021/12/loading.png" placeholder /> Technology (Wuhan) Co., Ltd., which is 100% controlled by Xiaomi<img decoding="async" class="trade-card__loading" layout="fixed" height="50" width="50" src="https://assets.pandaily.com/uploads/2021/12/loading.png" placeholder /> Group, was established in September 2017 with a registered capital of RMB 210 million ($33 million). Its business scope includes data processing and storage services, real estate development and management, among other services.

On July 29, 2020, Xiaomi<img decoding="async" class="trade-card__loading" layout="fixed" height="50" width="50" src="https://assets.pandaily.com/uploads/2021/12/loading.png" placeholder /> announced Zeng Xuezhong as Vice President of Xiaomi<img decoding="async" class="trade-card__loading" layout="fixed" height="50" width="50" src="https://assets.pandaily.com/uploads/2021/12/loading.png" placeholder /> and President of the Smartphone Department of Xiaomi<img decoding="async" class="trade-card__loading" layout="fixed" height="50" width="50" src="https://assets.pandaily.com/uploads/2021/12/loading.png" placeholder />. He was responsible for the R&D and production of smartphone products and reported directly to Lei Jun, Chairman and CEO of Xiaomi<img decoding="async" class="trade-card__loading" layout="fixed" height="50" width="50" src="https://assets.pandaily.com/uploads/2021/12/loading.png" placeholder /> Group. Xiaomi<img decoding="async" class="trade-card__loading" layout="fixed" height="50" width="50" src="https://assets.pandaily.com/uploads/2021/12/loading.png" placeholder /> said that Zeng Xuezhong will continue to serve as the Chairman of Hatchip, a strategic partner of Xiaomi<img decoding="async" class="trade-card__loading" layout="fixed" height="50" width="50" src="https://assets.pandaily.com/uploads/2021/12/loading.png" placeholder />.

As for Lei Jun himself, he is still the Chairman and CEO of Xiaomi<img decoding="async" class="trade-card__loading" layout="fixed" height="50" width="50" src="https://assets.pandaily.com/uploads/2021/12/loading.png" placeholder /> Group, and also the Chairman of Jinshan, YY and Cheetah Mobile<img decoding="async" class="trade-card__loading" layout="fixed" height="50" width="50" src="https://assets.pandaily.com/uploads/2021/12/loading.png" placeholder />. Since the announcement of the company’s entrance into the automobile industry this year, Lei Jun has withdrawn from several Xiaomi<img decoding="async" class="trade-card__loading" layout="fixed" height="50" width="50" src="https://assets.pandaily.com/uploads/2021/12/loading.png" placeholder />-affiliated companies, including Chengdu Beida Asset Management Co., Ltd., Xiaomi<img decoding="async" class="trade-card__loading" layout="fixed" height="50" width="50" src="https://assets.pandaily.com/uploads/2021/12/loading.png" placeholder /> Credit Management Co., Ltd. and Shanghai Xiaomi<img decoding="async" class="trade-card__loading" layout="fixed" height="50" width="50" src="https://assets.pandaily.com/uploads/2021/12/loading.png" placeholder /> Financial Information Service Co., Ltd.

SEE ALSO: Lei Jun Successively Withdrew From Director Roles at Several Xiaomi-Affiliated Companies