Xiaomi Chip Company Xuanjie Increases Capital to RMB 1.92 Billion

June 6, 2023

On June 6th, Gizcoupon reported that according to the Chinese National Enterprise Credit Information Publicity System, Shanghai Xuanjie Technology Co., Ltd. had undergone business changes. The registered capital has increased from 1.5 billion yuan to 1.92 billion yuan, representing a growth of 28%. The company was established in December 2021. Mr. Zeng Xuezong, Senior Vice President of Xiaomi, serves as the legal representative, executive director, and general manager. Moreover, Mr. Liu De, Co-founder of Xiaomi, serves as the supervisor.

Shanghai Xuanjie Technology Co., Ltd. is engaged in various business activities, including information system integration services, integrated circuit chip design and services, software development, electronic product sales, semiconductor discrete device sales, and electronic component retail. X-Ring Limited wholly owns it.

Gizcoupon Note: Previously, Xiaomi Technology Co., Ltd. has applied to register a series of trademarks such as “X-RING” and “玄戒.” The international classifications cover communication services, mechanical equipment, website services, transportation tools, scientific instruments, and more.

Read More: The Patent For Xiaomi Wireless Earphones Announced: The Earphones on Both Sides Can Receive Different Audio

As Shanghai Xuanjie Technology continues to expand its operations, stakeholders and investors eagerly await further developments and potential market impacts. The increase in registered capital signals the growth trajectory for the company. It also showcases the dynamism and resilience of the Chinese technology industry as a whole.

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