Xiaomi awards HK$1.14 billion in shares amid strong Q3 growth

Xiaomi has disclosed another significant move in its long-term talent strategy by awarding 29.37 million shares to 3,334 selected employees and service providers under its 2023 Share Scheme. This initiative underlines the commitment of Xiaomi to build a robust internal ecosystem that can support the sustainable growth of the company’s product and service lines, inclusive of the growing smartphone and AIoT categories. Further background on the company’s recent strategies can be found from our Xiaomi revenue reportXiaomi EV progress overview, and HyperOS development timeline.

Xiaomi’s Latest Equity Awards Strengthen Long-Term Incentives

Xiaomi said it issued a total of 29,366,734 shares under its 2023 scheme, to staff and significant service providers within the group. Shares were granted at an issue price derived from Xiaomi’s Hong Kong close of HK$38.82 per share, putting the total grant value at some HK$1.14 billion, or around USD 146 million. The average participant was granted the equivalent of HK$341,900 each, reflecting the company’s continued policy of rewarding performance and retaining talented employees.

Apart from the direct grant, Xiaomi Hong Kong granted an aggregate of 496,300 share options to three employees under the 2024 Hong Kong Share Scheme. This layered structure reflects Xiaomi’s data-driven human resource strategy, which supports employee development while aligning incentives with long-term corporate goals.

Q3: Strong Financial Performance Supports Incentive Expansion

The expansion of Xiaomi’s share-based incentives comes amidst solid financial results. The company booked revenue of RMB 113.12 billion in Q3 2025, up 22.3% year-on-year. The adjusted net profit stood at RMB 11.3 billion, jumping 80.9% and reaching a historical high for Xiaomi.

The smartphone × AIoT division contributed RMB 84.1 billion, maintaining steady growth at 1.6% year-on-year, underlining Xiaomi’s stable core business performance. At the same time, the Company’s expanding segment comprising intelligent electric vehicles, AI, and innovative technologies achieved revenues of RMB 29 billion, up an incredible 199.2% year-on-year, and reaching the highest on record. These figures demonstrate how the diversified product strategy at Xiaomi is scaling across global markets.

How Share Incentives Support Xiaomi’s Strategic Direction

The ongoing share and option grants are in line with Xiaomi’s wider corporate strategy:

  • Talent Retention: Long-term continuity of the engineering, design, AI research, and EV development teams.
  • Competitive Advantage: Enhancing Xiaomi’s capability to attract high-skilled professionals in global technology markets.
  • Sustainable Innovation: Reinforcing commitment to long-term R&D initiatives such as HyperOS, Xiaomi EV, and the broader AIoT ecosystem.

Source

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