Earlier today (28th January 2022), Wang Hua, the General Manager of Xiaomi public relations, took to Weibo (a Chinese microblogging website) to clarify the news of the company’s CEO, Lei Jun, stepping down from his chairman position. Many have misunderstood the information as Jun is leaving the brand completely, but the exec has now also offered some clarification.
Netizens in China recently discovered that Lei Jun had stepped down from his position as Chairman from Beijing Xiaomi Electronic Products Co Ltd. However, this information was mistaken as him resigning from the Xiaomi Group entirely. Thus, the general manager of Xiaomi’s PR clarified that Lei Jun has stepped down from his leadership from just the electronics unit and has not completely left the Chinese tech giant group. He further added that the executive is placing his focus on the brand’s car manufacturing plans.
Similar to Wang Hua’s statement, Lei Jun also offered more clarification on his own Weibo account. In the social media post, he stated that the Xiaomi Group has a large number of subsidiaries. So, its not uncommon for the board of directors and legal representatives of these subsidiaries to see a shuffling/adjustment. Jun said that his move of stepping down from his chairman of Xiaomi Electronics should not be misunderstood as anything more drastic. While the unit is a large part of the brand, the group overall is much larger than just its consumer electronic products.
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