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.