Many investors have wondered when Xiaomi, one of the biggest smartphone makers in China, will ever go public. But back in March, Xiaomi CEO Lei Jun told reporters at the opening of the National People’s Congress in Beijing that there weren’t any plans to file for an IPO “at the moment.” Later that month, Xiaomi International VP Hugo Barra told Reuters that the company was self-sufficient, and that there were “no plans” to raise money through new investment rounds or an IPO.