On April 11,

According to media reports,Wang Xiang, President of Xiaomi, is acting as CFO. Zhou Chengzi, President of International Department, will no longer serve as CFO. He will focus on Xiaomi's overseas market business.

Xiaomi said,The appointment reflects Xiaomi's high attention to international business and its determination to promote the rotation of organizational positions. Meanwhile, Xiaomi's board of directors will continue to select talents to serve as CFO globally.

According to the information, during the CFO period, Xiaomi completed its listing in Hong Kong. And in november 2019, xiaomi announced an internal executive adjustment: co-founder lin bin was vice-chairman; the former CFO week was converted to president of international department, former senior vice president wang xiang was promoted to president.

After Wang Xiang was promoted to president, he helped CEO Lei Jun share a lot of management work. And this time again acting for CFO position.

Lei Jun said in an internal letter before ,2020 is Xiaomi 5 business charge year, will also be a key year for Xiaomi to promote mobile phone AIoT strategy, we need stronger group management support, need cadre rotation mechanism continued to bring organizational innovation vitality.