$XIAOMI-W(01810.HK)The five-year period is approaching, what's your take?👀
Mr. Lin Bin, Vice Chairman of Xiaomi Group, made a commitment on September 15, 2020, that he would not reduce his direct or indirect holdings of the company's shares for five years (i.e., until September 14, 2025), but this commitment does not include shares already donated to charitable funds.
Mr. Lin Bin directly and indirectly holds a total of approximately 2.278 billion shares in Xiaomi Group. The vast majority of these shares (about 2.172 billion) are under the five-year no-reduction commitment made in 2020.
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