July 9, 2018 -- Beijing Xiaomi Technology Co., Ltd., (“Xiaomi Group”, stock code: 01810.HK) was successfully listed on the Main Board of Hong Kong Stock Exchange. Xiaomi’s global offering of 2.18 billion shares at HK$ 17 raised HK$37 billion, making its IPO the biggest in the technology sector in Hong Kong and the third largest in the world, the first with weighted voting rights in Hong Kong, the largest by private enterprise and the IPO with the most global retail investors in the past seven years.

Headquartered in Beijing, Xiaomi Group is an internet company with core businesses including smartphones, smart hardware, and Internet of Things. According to iResearch,  Xiaomi, established in 2010, is ranked no. 1 among internet companies and no. 2 globally among all publicly traded companies with revenue greater than RMB 100 billion as measured by its speed of revenue growth.

As the underwriter’s China-based legal consultant, Jingtian & Gongcheng legal team assisted with the entire IPO process.

Many thanks to Mi fans and congratulations to all partners who were involved.

Good luck favors good people, wonderful things have already happened!