Recently, it was reported that a commercial office site in Xuhui Binjiang, the core area of Shanghai, which was acquired by Xiaomi 3 years ago at a cost of 1.55 billion yuan, has been re-included in the 2024 Land Reserve Plan. It is suspected that Xiaomi has withdrawn from the ground. As a result, Xiaomi may have lost 310 million yuan of security deposit, or even 1.55 billion yuan of the entire land price. On May 22, Wang Hua, the head of public relations at Xiaomi, responded to the reporter that this is a change in municipal planning land, and the government needs to store it. However, there was no response from Xiaomi regarding the security deposit.
小米上海退地？回应：市政规划用地发生改变，政府有需求收储
Has Xiaomi stepped down in Shanghai? Response: The land used for municipal planning has changed, and the government needs to store it
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