Viomi Technology ^{Priced, Nasdaq: VIOT}

We have developed a unique IoT @ Home platform consisting of an ecosystem of innovative IoT products, together with a suite of complementary consumable products and value-added businesses. This platform provides an attractive entry point into the consumer home, enabling users to intelligently interact with a broad portfolio of IoT products in an intuitive and human-like manner to make daily life more convenient, efficient and enjoyable, while allowing us to grow our household user base and capture various scenario-driven consumption events in the home environment. As of June 30, 2018, our IoT @ Home platform had over 1.2 million household users. We are a strategic partner of Xiaomi, which gives us access to Xiaomi's ecosystem users, market and data resources and related support. Meanwhile, our strong research and development capabilities and innovative products and services also enrich Xiaomi's suite of offerings, resulting in a mutually beneficial relationship between Xiaomi and us. We have grown rapidly since our inception. Our net revenues were RMB873 million (US$132 million) in 2017, an increase of 179% from RMB313 million in 2016. Our net revenues increased by 284% during the six months ended June 30, 2018 to RMB1,040 million (US$157 million). Our net income increased by 474% from RMB16 million in 2016 to RMB93 million (US$14 million) in 2017. Our net income increased by 272% during the six months ended June 30, 2018 to RMB70 million (US$11 million).