Xiaomi Group announced today that the board of directors will award a total of 92.7484 million award shares to 3,142 selected participants according to the share award plan on August 21, 2022, of which 3,141 selected participants are non-connected grantees and a selected participant is a connected grantee.
Xiaomi Group is currently quoting HK$11.66 per share, with a total market value of HK$291.003 billion. Based on this calculation, 92.7484 million shares are about 1.0815 billion Hong Kong dollars or about 942 million yuan.
Xiaomi Group was established in April 2010 and listed on the main board of the Hong Kong Stock Exchange on July 9, 2018. It is a consumer electronics and smart manufacturing company with smartphones, smart hardware, and IoT platforms as its core.
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