Summary by Futu AI
The Xiaomi Group announced on 24 May 2024 that under the 2023 Share Plan it will award a total of 34,099,369 shares of bonus shares to 1,104 selected participants, including the Group's employees and service providers. The bonus shares will be vested from May 27, 2024 to May 24, 2034 and will not carry any voting or dividend rights. The aim is to align the winners with the interests of the Group through shareholdings and to attract and retain talent for the Group. The Listing Committee of the Hong Kong Stock Exchange Limited has approved the listing of the relevant new shares.