Kingsoft (03888.HK) announced that the Beijing Xiaomi Smart Manufacturing Private Equity Fund's partnership plan has been adjusted. After the adjustment, the total subscribed capital of the fund will increase from RMB 9.03 billion to RMB 10 billion, and a total of RMB 0.97 billion in additional subscribed capital will be made by several existing and new limited partners.
The fund has Xiaomi Group-W (01810.HK) Chairman Lei Jun as the chairman of the Investment Decision Committee, and Xiaomi Group serves as the executive partner responsible for the fund's specific investment operations and daily management. (ta/w)
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