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Xiaomi to Provide over 110 Million Shares to Retain Talents

Xiaomi to Provide over 110 Million Shares to Retain Talents

Jul 07, 2021
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Xiaomi to Provide over 110 Million Shares to Retain Talents
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(Source: Bloomberg)

On Tuesday, Lei Jun, founder of Xiaomi, announced that he would issue a new stock incentive plan, awarding 119,650,000 shares to 122 outstanding employees including technical experts, the first batch of candidates of the Entrepreneur Program for a New Decade, as well as middle and senior managers.

“The Entrepreneur Program for a New De…

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