Xiaomi’s Second Auto Company Officially Registered With Capital of 1 Billion Yuan
According to Chinese business data inquiry platform Tianyancha, Xiaomi Automobile Technology Co., Ltd. was established on Thursday with a registered capital of 1 billion yuan ($156.65 million), which is the second auto company registered by Xiaomi. Xiaomi cofounder and chairman Lei Jun is serving as the new auto firm’s legal representati…
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