[Lei Jun clarifies that "Lei Jun made more than 10 billion by beating Xinyushu": Shunwei's investment is not a new investment, so that young people with ideas can get the first investment] On September 22, Xiaomi founder, chairman and CEO Lei Jun said in a live broadcast on the social platform that the so-called "Lei Jun made more than 10 billion by beating Xinyushu" was not invested by him, but by Shunwei. It’s not about creating something new, but about supporting early-stage entrepreneurs to start their own businesses. Lei Jun mentioned that he met Wang Xingxing, the founder of Yushu Technology, more than ten years ago, and Shunwei was the only investor in Yushu Technology's Series A round. Of course, Shunwei's shareholders also made money. Lei Jun said that in order to build an ecological and industrial chain with Xiaomi, including supporting young people to start their own businesses, several investment institutions have been promoting the innovation of the entire hard-core technology. "The main reason is that when I started my own business, it was difficult to find money. So 20 years ago, I started tinkering in China to develop angel investments so that young people with ideas can get their first investment and make their dreams come true. So based on this idea, we began to support these early entrepreneurs."