Xiaomi Becomes Second Largest Shareholder with $139 Million in Dong Yi Ri Sheng's Shares

Xiaomi Becomes Second Largest Shareholder with $139 Million in Yi Risheng's Shares

On October 27, Dong Yi Ri Sheng's controlling shareholder, Dong Yi Tianzheng Investment Company Limited, signed a "Share Transfer Agreement" with Xiaomi Technology to transfer 21 million shares of the company, accounting for 5.01% of the company's total share capital, to Xiaomi Technology for an agreement of 139 million yuan. Dong Yi will rely on Xiaomi Group's in-depth layout in the field of smart IOT.

 

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