Total Overseas Sales Volume of Amazfit Smart Sport Watches has Exceeded One Million Units
Huami Corporation ("Huami" or the "Company") (NYSE: HMI), a biometric and activity data-driven company with significant expertise in smart wearable technology, today announced that sales volume for the Amazfit smart sport watches, including Amazfit Bip, Amazfit Pace, Amazfit Stratos (Stratos Plus), reached one million units in the first half of 2018. Furthermore, since the Amazfit smart sport watches were first launched late 2016, overseas sales volume has exceeded one million units.
"Strong sales of our Amazfit-branded smart sport watches exemplifies consumers' growing awareness and support of the product line following its late 2016 launch," said Wang Huang, Chairman and CEO of Huami. "We are very pleased with the strong sales of our self-branded smart sport watch product line which reflects our ability to provide consumers great value at a premium price point. In addition, international interest in our Amazfit-branded products increases our confidence in broadening our markets."
Today's release follows the Company's announcement on June 28, 2018 that Mi Band 3 reached one million units sold, significantly faster than earlier generations of Mi Bands. "The strong momentum we are experiencing with both Amazfit-branded and Xiaomi-branded products shows the diversity of our product portfolio, our cutting-edge product design and our growing success in meeting the needs of consumers in both China and overseas," Huang concluded.
About Huami Corporation
Huami is a biometric and activity data-driven company with significant expertise in smart wearable technology. Since its inception in 2013, Huami has quickly established its global market leadership and recognition by shipping millions of units of smart wearable devices. In 2017, Huami shipped 18.1 million units of smart wearable devices. Huami has one of the largest biometric and activity databases in the global smart wearables industry. Huami's mobile apps work hand in hand with its smart wearable devices and provide users with a comprehensive view and analysis of their biometric and activity data. In addition to designing, manufacturing and selling smart bands and watches under its own Amazfit brand, Huami is the sole partner of Xiaomi, a leading mobile internet company and global consumer electronics brand, to design and manufacture Xiaomi-branded smart bands, watches (excluding children watches and quartz watches), scales and associated accessories.
For more information, please visit: http://www.huami.com/investor
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the cooperation with Xiaomi, the recognition of the Company's self-branded products; the Company's growth strategies; trends and competition in global wearable technology market; changes in the Company's revenues and certain cost or expense accounting policies; governmental policies relating to the Company's industry and general economic conditions in China and the global. Further information regarding these and other risks is included in the Company's filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.