On January 6, Xiaomi group announced in the Hong Kong stock exchange that the board of directors granted 48926000 incentive shares to 1646 selected participants under the share incentive plan today. Based on the closing price of HK $10.98 on the day of award, the value of these shares amounted to HK $537 million.
Recently, the share price of Xiaomi group got rid of the long-standing downturn around HK $9 and rose to around HK $11. On January 2 this year, Lei Jun, founder, chairman and CEO of Xiaomi, issued a new year's letter. In the letter, Lei Jun proposed a major strategic upgrading of Xiaomi in 2020: at the beginning of 2019, he proposed a five-year 'aiot' strategy of 10 billion yuan, and increased the scale to 50 billion yuan in five years.
In December 2019, Xiaomi's redmi brand released a dual-mode 5g mobile phone K 30 equipped with Qualcomm Xiaolong 765G mobile platform. The starting price is only 1999 yuan. It is the first dual-mode 5g mobile phone with a price lower than 2000 yuan in the Chinese market. Lei Jun previously said on several occasions that in 2020, Xiaomi will release more than 10 5g mobile phones, covering all medium and high-end prices.
In 2019, Xiaomi's aiot business developed rapidly, and the revenue growth of IOT and consumer goods continued to maintain at more than 40%. By the third quarter of 2019, the contribution revenue of this business was RMB 15.6 billion, reaching 29.1% of the total revenue.
'2020 is the year of Xiaomi's 5g business and the year of Xiaomi's promotion & lsquo; Mobile + aiot & rsquo; A key year for twin engines. " Lei Jun stressed in his internal letter. 5g war is imminent. Lei Jun's new year's' red envelope 'may have a considerable boost to Xiaomi's internal morale.