Oct 25, 2021 10:12 PM (GMT+8) · EqualOcean
Cailian, October 25 (Xinhua) Xiaomi group held an extraordinary general meeting today to approve the adoption of Xiaomi EV's equity incentive plan. The upper limit of the plan is 1 billion shares, accounting for 10% of the total issued shares of Xiaomi ev. The relevant resolutions were approved by 97.63% and passed by a high vote. The management said that Xiaomi EV does not have a separate listing and financing plan at present, emphasizing that the group has enough cash and cash flow to support the company's efforts to do automobile business, and the current Xiaomi automobile talent incentive plan is to better motivate employees to do automobile business.