On the eve of the Lunar New Year, Xiaomi suddenly made a major personnel change, Beijing Xiaomi Electronics Co., Ltd. underwent industrial and commercial changes, and Xiaomi founder Lei Jun stepped down as chairman of Xiaomi Electronics.
According to public information, Beijing Xiaomi Electronics Co., Ltd. was established in January 2012, wholly owned by Xiaomi H.K. Limited, and After Lei Jun stepped down, Zhang Feng became the legal representative.
After the news was exposed, the so-called Lei Jun "ran away" news began to circulate on the Internet, because in the eyes of many netizens, Lei Jun stepped down as the chairman of Xiaomi Electronics, which is equivalent to having no connection with this company.
In fact, xiaomi electronics such subsidiaries, millet has hundreds of large and small, some time ago Lei Jun has successively withdrawn from a number of millet affiliated companies legal representatives, executive directors or chairman of the position, including Guangdong millet technology co., LTD., Zhuhai millet communication technology co., LTD.
In fact, Lei Jun's resignation from the senior management positions of these companies is actually a normal change, the legal representative and the actual controlling person are obviously different, and the actual holding talent is the real core of an enterprise.
The parent company of Xiaomi subsidiaries is Xiaomi H.K. Limited, which is 100% controlled by Xiaomi Communication Technology Co., Ltd., Xiaomi Information Technology Wuhan Co., Ltd., Beijing Xiaomi Electronics Co., Ltd. and Xiaomi Youpin Technology Co., Ltd.
Xiaomi Communication Technology Co., Ltd. has dozens of subsidiaries under its name, focusing on Xiaomi H.K. Limited, the parent company, which is the Hong Kong company of Xiaomi Technology Co., Ltd. Information shows that the company was established on April 7, 2010, and the legal representative is Lei Jun.
Since the equity structure of the Hong Kong company can be undisclosed, it can be known from Xiaomi Technology Co., Ltd. that Lei Jun's shareholding ratio is 77.8%, so it is certain that Lei Jun is definitely the actual controlling person of all Xiaomi subsidiaries.
In this way, the actual controlling person of Xiaomi H.K. Limited's subsidiary is undoubtedly Lei Jun, and this relationship is not moving, so Lei Jun's resignation as executive is only a formality.
So why did Lei Jun step down as an executive at many subsidiaries? Previously, Wang Hua, head of Xiaomi's public relations department, responded that this is a normal change, because Lei Jun's next energy is mainly focused on car-related matters.
Therefore, the work and responsibilities of some subsidiaries can be completely shared by other executives of Xiaomi, and lei jun does not need to worry too much about the choices, seals and signatures of many subsidiaries.
According to Wang Hua, "this is a gesture, but also an action", which means that Xiaomi's automobile business is already steadily progressing, and Lei Jun needs to focus more on car building.
Public information shows that Xiaomi has set up two car companies, namely Xiaomi Automobile Co., Ltd. and Xiaomi Automobile Technology Co., Ltd., Lei Jun also fulfilled the promise at that time, served as the legal representative of the two companies, personally led the team, and fought for Xiaomi Automobile!
It is worth mentioning that Xiaomi Automobile has signed a relevant cooperation agreement with the Management Committee of Beijing Economic and Technological Development Zone in November 2021, according to the plan, Xiaomi Automobile will build a vehicle factory in two phases, and the cumulative annual output of the factory is expected to be 300,000 vehicles, and the first and second phases are 150,000 vehicles.
From the current situation, Lei Jun stepped down as an executive of many subsidiaries, and the purpose is very clear, that is, to hand over the work that Xiaomi has formed to other executives, and then focus on the automobile business. What do you think about this, welcome to comment, like, share.