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Dear Partners and Mi Fans,
Xiaomi (the "Company") is pleased to announce that on March 12, 2021 at 4:59 pm (Eastern Standard Time), the U.S. District Court for the District of Columbia (the "Court") granted a preliminary injunction thereby enjoined the implementation and enforcement of the designation of the Company as a "Communist Chinese Military Company" ("CCMC"). Pursuant to the injunctive relief granted, the Court removed, with immediate effect, the restriction on U.S. persons to purchase securities of the Company and the requirement on U.S. persons to divest their holdings.

The Company reiterates that it is a publicly traded and independently operated and managed corporation that offers consumer electronics products solely for civilian use.

The Company believes that the decisions of designating it as a CCMC are arbitrary and capricious, and the judge agrees. The Company will continue to request that the court permanently remove the designation.

Xiaomi Corporation
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