Abstract:Dual-class ownership suits the need for high-tech founders to protect individual voting rights. In April 2019, the Shanghai Stock Exchange revised the “Shanghai Stock Exchange Science and Innovation Board listing rules”, in the “Internal governance”part of the “Voting rights difference arrangements”, the dual-ownership structure has a relevant institutional arrangements. For the high-tech industry, the emergence of a dual-class ownership structure protects the voting rights of founders, but also causes problems such as Information asymmetry, where founders forget their “Original”intentions. Based on this, through the analysis of the existing problems in the application of the dual share structure in the Xiaomi group, some suggestions on the optimization of the dual share structure are put forward, so that the dual share structure can be reasonably used in the enterprise, keep the founders and common shareholders in balance.