Yesterday, in addition to having brought you the very important Huami diagnostic and support tool against coronavirus, we also told you about a fact that concerned you closely. Really close actually since it has been said that the shareholders of Xiaomi have abandoned theIPO the world leader in the wearable sector. As a consequence of this, analysts speculated a potential danger for the release of Mi Band 5. Luckily we have to inform you that it is a fat and big fake: it is Huami herself to confirm it through an official press release published this morning.
There is no danger for the Mi Band 5 and for Huami's actions: the company is inside an iron barrel, says the brand director
A few days ago the Chinese media (primarily Tianyanzhan) said that in the last period the data relating to Huami's shares had been steadily decreasing up to reach 45% less than the value of the shares. They also communicated that Huami Technology has undergone a considerable number of changes including a decrease in the number of Xiaomi shareholders. In conclusion analysts have predicted one stop the growth of the brand.
In this regard, Huami's manager, Liu De, said that the news was completely false. In fact, as manager and investor, he said that the total of Xiaomi's shareholders within the company has not decreased at all and that therefore there are no problems for future collaborations. We recall in fact that Xiaomi is among the first investors of the Chinese company and that thanks to their collaboration they have managed to bring out one of the most loved wearable products in the world, namely the We Band. The same manager went on to say that there was also no sale of the securities to try to heal the debt resulting from the alleged decline. He still remains the deputy of the Xiaomi ecological chain and director of Huami.
The only thing that has changed within the social structure is one switch between figures, but it is physiological for a company of this caliber. Xiaomi also proceeds in these terms from time to time and this represents a signal not only of change but also of Corporate "vitality". Manager Liu De concluded by saying that since 2014 Huami products, including the Amazfit that we love so much, they are the best sellers in the world and that the Mi Band 5 that we are looking forward to will arrive later this year. So in addition to not existing the fact, the product will not encounter obstacles on his debut.
For additional information in source you will find the official press release of the company.
Source | Huami