Xiaomi ecological chain is online，Market value exceeds US$600 million

Xiaomi ecological chain is online，With a market value of over US$600 million, Xiaomi ecological chain company Yunmi was successfully listed on Nasdaq on Tuesday，Xiaomi founder Lei Jun said，This is the second Xiaomi ecological chain company to be listed in the United States after Huami Technology。First day of listing，Yunmi stock price opens high but moves lower，It closed at $9.08，An increase of 0.89% from the issue price of US$9，Market capitalization is approximately US$629 million。

Xiaomi ecological chain company Yunmi goes public Xiaomi ecological chain company Yunmi goes public after IPO，Founder of Yunmi、CEO Chen Xiaoping holds 42.5% of the shares，Voting rights are 66.5%；Yunmi Vice President Zou Luo holds 2.4% of the shares，Voting rights are 4.0%。The shareholding ratio of Shunwei Capital belonging to Lei Jun is 17.1%，Voting rights are only 2.8%。

Xiaomi holds a 16.3% stake in Yunmi through its wholly-owned subsidiary Red Better Limited，Voting rights are 26.7%。Sequoia Capital’s fund SCC Venture V Holdco I, Ltd. holds 5.2%，Voting rights are 0.9%。

Yunmi Whole House Internet Appliances Yunmi is an Internet home appliance company committed to creating "whole house appliances, intelligent interconnection"，Its products are very rich，Includes dishwasher、air purifier、Smart door lock、range hood、refrigerator、smart curtains、washing machine、smart speaker、Whole-house water purification systems and other products，Covers almost all household appliances。

The products can be controlled via a mobile app developed by the company，Allowing Yunmi to initially gain a foothold in the smart home era。

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