Planet Image International ^{Priced, Nasdaq: YIBO}

We are a leading export-oriented manufacturer and seller of compatible toner cartridges based in China, the U.S. and Europe. According to the CIC Report, we were the second largest compatible cartridge manufacturer in the world with a market share of approximately 12.2% in terms of manufacturers’ retail value in the markets worldwide, or global markets, for the year ended December 31, 2020. We ranked first in the U.S. and second in Europe in terms of market share for the year ended December 31, 2020. We primarily develop and manufacture toner cartridges that are compatible with, and can be used in, a wide range of commonly available models of laser printers from different manufacturers, or compatible toner cartridges, on a white-label or third-party brand basis or under our self-owned brands. We also sell our branded products through online sales channels under three brands, TrueImage, CoolToner, and AZtech. Our customers range from wholesalers, dealers to retail customers. We have a wide international footprint through our established sales channels, with our products sold to customers in over 45 countries, and sales in the U.S. and Europe representing the majority of our revenue.