According to media reports, on January 18, Xiaomi Smart Technology Co., Ltd., and Xiaomi Jingxi Technology Co., Ltd. were established. Both companies are wholly owned by Xiaomi Communication Technology Co., Ltd., and their business scope includes technology development; software development; computer system services; social and economic consulting; organization of cultural and artistic exchange activities, etc.
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Moreover, the legal representative, executive director, and manager of Xiaomi Smart Technology Co., Ltd. are all Lei Jun, with a registered capital of 666 million yuan. While, the legal representative of Xiaomi Jingxi Technology Co., Ltd. is Zhang Feng, with a registered capital of 660 million yuan.
However, the specific roles of these two companies are still unclear so far, but since Lei Jun personally took up positions such as legal persons, it also shows that it has a certain importance for the layout, and the registered capital of 666 million is also very flexible.
Furthermore, the last time Lei Jun served as a legal person attracted attention was Xiaomi Automobile Company, which was also Lei Jun’s last large-scale entrepreneurial project with a registered capital of 10 billion yuan.
At present, Xiaomi Auto has officially settled in the Beijing Economic and Technological Development Zone. Xiaomi has previously stated that Xiaomi’s smart electric vehicle business is progressing smoothly, with more than 500 team members.
(via)
