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Sichuan Xiaomi automobile sets independent options
/kloc-in July of 0/6, according to 36Kr news, sources revealed that Xiaomi Automobile will grant employees the option of independent automobile company, which will be distributed in five years. After the option expires, there are two ways to realize it. First, through the regular listing channels, "an automobile option before listing corresponds to an automobile main stock after listing". The second is that the main body of Xiaomi Automobile is not listed, but the option can still be realized. From this plan, we can see the ambitious sales plan of Xiaomi Automobile.

If the main body of Xiaomi Automobile is not listed, employees can convert their car options into Xiaomi restricted stock units with the same value according to the agreed performance milestones, "and cash them into Xiaomi shares or cash with the same value after 3 months".

The specific calculation rules are as follows: reaching milestone 1 (new car release): realizing no more than 30% of mature stock options; Achieve milestone 2 (the annual sales volume of automobiles reaches 50w under healthy operation): mature stock options of no more than 30% can be realized; Achieve a big milestone (the annual sales volume of healthy cars reaches 100w): realize the remaining mature stock options.

At present, Xiaomi has not responded to the above information.