News from this site on November 21, Xiaomi Group announced today that the board of directors will award a total of 47.0618 million award shares to 812 selected participants on November 21, 2023 according to the 2023 share plan, including The Group’s employees and service providers. The closing price of the award shares on the date of grant was HK$15.380 per share (note on this site: the current price is approximately RMB 14).
According to previous reports on this site, Xiaomi Group released the first batch of products as of the end of September on November 20. Third quarter results announcement. Revenue in the third quarter was 70.89 billion yuan, with an estimate of 70.46 billion yuan, a year-on-year increase of 0.6%; third quarter adjusted net profit was 5.99 billion yuan, with an estimate of 4.65 billion yuan, a year-on-year increase of 182.9% . Operating profit in the third quarter was 5.01 billion yuan, compared with the estimate of 5.37 billion yuan, compared with a loss of 1.36 billion yuan in the same period last year.
Xiaomi’s smartphone business revenue in the third quarter was 41.6 billion yuan. Global smartphone shipments were 41.8 million units, a year-on-year increase of 4.0% and a month-on-month increase of 27.0%.
Xiaomi’s revenue from IoT and consumer products in the third quarter was RMB 20.67 billion, a year-on-year increase of 8.5%; Internet service revenue was RMB 7.76 billion, a year-on-year increase of 9.7%. Among them, the number of connected IoT devices (excluding smartphones, tablets and laptops) on the AIoT platform reached 699 million, a year-on-year increase of 25.2%.
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