Huami is a cloud-based healthcare services provider with world-leading smart wearable technology. Huami shipped 18.1 million units of smart wearable devices in 2017. As of December 31, 2017, Huami has shipped a total of 51.8 million devices since its inception in 2013, quickly establishing its global market leadership and recognition.
Huami owns a large biometric and activity database in the global smart wearables industry. Huami’s mobile apps, Mi Fit and Amazfit, work hand in hand with its smart wearable devices and provide users with a comprehensive view and analysis of their biometric and activity data. As of December 31, 2017, Huami mobile apps had 56.1 million registered users, from whom Huami collects multi-dimensioned user data including heart rate, electrocardiograph, weight, body fat compositions, GPS running track, steps, sleeping duration, etc. With a wide range of biometric and activity data from a large number of users, Huami is well-positioned to develop new application scenarios for smart wearable technology and drive innovation.
Huami has been the most-preferred partner of Xiaomi, a leading mobile Internet company and global consumer electronics brand, to design and manufacture “Xiaomi Wearable Products," which include Xiaomi-branded smart bands, watches (excluding children watches and quartz watches), scales and associated accessories. The strategic cooperation agreement with Xiaomi grants Huami the most-preferred-partner status globally to develop future Xiaomi Wearable Products and provides Huami with significant demand that drives fast roll-out of new products and ramp-up in business. Meanwhile, Huami’s strong research and development capabilities and innovative products enrich Xiaomi’s suite of offerings and enhance Xiaomi’s user loyalty, leading to a mutually beneficial relationship between Huami and Xiaomi. In addition to Xiaomi Wearable Products, Huami leverages Xiaomi’s established distribution network and global presence to promote smart bands and watches under its own brand, Amazfit.