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Xiaomi's founder and chief executive officer received 636.6 million shares worth more than £ 735 million – a result comparable to the adjusted net profit that the growing Chinese mob maker has bet for 2018.
The "reward" attributed to Lei Jun, confirmed in Xiaomi's annual report (PDF) for the last full calendar year, is in addition to the salary and dividends paid to him, although the exact amount was not precise.
Although the award of shares is not a surprise, President Lei Bin said last July during the IPO of Xiaomi that he intended to compensate Jun for his "dedication "to the company – clbad B shares are currently valued at HK 7.5 billion (£ 735.6 million). $ 956 million).
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The company, created in April 2010, said that Lei pledged to donate "all relevant shares after deducting any tax due for charitable purposes".
A few weeks ago, Xiaomi published in 2018 financial data showing an increase in its revenues of 174.9 billion yen (52.6%): beyond the mobile handsets, the Xiaomi company makes scooters, briefs, mattresses without formaldehyde. vacuum cleaner, sweeping robot and smart running shoes to his fragmented wallet.
Smartphones remained the largest contributor, recording sales of some £ 113.8 billion (£ 12.95 billion), up more than 41% as the company becomes the fourth-best-selling player in the world.
The adjusted net profit of the company was 8.6 billion yen (980 million pounds sterling).
It is notorious that Xiaomi is committed to release a maximum margin of 5% on the hardware of its phone, so that a large part of its profits comes from Internet services.
The company's smartphones arrived in the UK last November, opening their first physical store at the Westfield Mall at Shepherd's Bush in London. In its native country, the company sells its varied range of products via 1,000 Mi.® brand outlets.
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