Home » Lei Jun no longer serves as chairman of Xiaomi Credit Management Company | Business changes | Epoch Times

Lei Jun no longer serves as chairman of Xiaomi Credit Management Company | Business changes | Epoch Times

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[Epoch Times October 20, 2021](Epoch Times reporter Liu Yi comprehensive report) Xiaomi Credit Management Co., Ltd. has recently undergone an industrial and commercial change, and Lei Jun, the founder and chairman of Xiaomi Technology, no longer serves as the chairman of Xiaomi Credit Management Company. At the same time, the legal representative was changed from Hong Feng to Lin Shiwei.

According to the news on the Qicha website on October 20, Xiaomi Credit Management Co., Ltd. had a business change, Lei Jun resigned as chairman, and the legal representative was changed from Hong Feng to Lin Shiwei.

At the same time, the legal representative of Xiaomi Credit Management Co., Ltd. on the company’s website is shown as Lin Shiwei.

In addition, according to news from the E-Commerce Daily on the 20th, Lei Jun, Hong Feng, and Lin Bin recently resigned from the board of directors of Shanghai Xiaomi Financial Information Service Co., Ltd. At the same time, Hong Feng resigned as legal representative, Li Jiong resigned as manager, and added Lin Shiwei as Legal representative, director, manager.

Lei Jun was born in December 1969 and is only 51 years old this year. Before him, many mainland Internet technology founders, including Jack Ma, had withdrawn from the companies he founded.

On September 30, 2020, Ma Yun, who was only 56 years old, resigned as a director of Alibaba Group; On November 9, 2020, Tenpay Payment Technology Co., Ltd. had a business change, and Ma Huateng retired from the position of legal representative; March 2021, Telepay Huang Zheng, the founder of the business giant Pinduoduo, suddenly announced his resignation as chairman; in March 2021, Hu Xiaoming, CEO of the financial technology giant Ant Group, announced his resignation and turned to be responsible for ant ecological and social welfare related projects; May 20, 2021, word Jie Diao said that the company’s founder, 38-year-old Zhang Yiming, will leave at the end of the year.

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In response, Song Qinghui, a Chinese economist and chief economist at Qinghui Think Tank, told the BBC that Zhang Yiming’s sudden departure was related to Beijing’s increasing pressure to require Chinese technology companies to operate in compliance.

Public information shows that Xiaomi Credit Management Co., Ltd. was established on April 1, 2015 with a registered capital of 50 million yuan. Its business scope includes corporate credit reporting services, corporate management consulting, economic and trade consulting, computer software development, computer system integration, etc.

Editor in charge: Li Muen#

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