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Two Xiaomi Co-Founders Quit Before Anticipated IPO

On April 28, Leijun, CEO of Xiaomi Inc. published an internal letter stating that Zhou Guangping and Huang Jiangji, two co-founders of Xiaomi, have resigned from their positions. According to the letter, the two co-founders “chose a new way of life” for personal reasons and decided to resign from their duties in the company.