Shanghai Chenxing Simcom Electronics Technology Co., Ltd.

Simcom Technology Group is a leading mobile communications and IoT enterprise in China, listed on the Main Board of the Hong Kong Stock Exchange in June 2005 (stock code: 2000.HK). Since the second year after listing, the Group has ranked first in the mobile phone design industry for many consecutive years (in terms of sales and market capitalization). The Group is committed to developing high-quality ODM business for mobile phones, while accelerating the development of new businesses such as industry-specific application terminals, overall IoT system solutions, and system operations. The Group's R&D and operation headquarters are located in Shanghai, with over 3,000 employees. The Group owns two R&D center buildings in Changning District, Shanghai, totaling over 30,000 square meters, and has also established R&D centers in Beijing, Shenyang, and other cities.

Simcom Information Technology (Shanghai) Co., Ltd., established at the end of 2002, is the Group's first mobile terminal R&D company. It has been rated as a "Key Software Enterprise within the National Plan Layout" and a "Shanghai High-Tech Enterprise" for 10 consecutive years, which is unique in the mobile phone design industry. The R&D team of over 1,000 engineers has mastered the core technologies of mobile phone R&D and mobile communications: from 2G, 3G to 4G LTE multi-platform design experience. At the same time, the Group is continuously expanding into IoT and industry-specific application markets, including smart phones and tablet computers for specific industries such as healthcare, express delivery and logistics, fast-moving consumer goods, automotive, home-school communication, and policing, as well as industry-specific application terminals with 1D and 2D barcode scanning functions, and police-specific phones with fingerprint recognition and ID card recognition functions. The Group is also developing "Cloud Trade IoT" franchise partners nationwide.

The Group's production bases, Shanghai Chenxing Simcom and Shenyang Chenxun, cover over 300 mu of land and have modern production workshops of 100,000 square meters. Founded in 1993, Shanghai Chenxing Simcom, formerly known as Shanghai Chenxing Electronics, introduced the SLIM module for the user interface of program-controlled switches in the early 1990s, contributing to the domestic switch industry. The Group has dozens of advanced production lines, capable of SMT for mobile phone motherboards, back-end assembly, and key component supporting capabilities.

According to the ABI survey report, the Group's IoT wireless communication module products hold the largest market share in China and the second largest in the world, with customers in over 120 countries and regions. To further develop its IoT business, the Group is leveraging its advantageous position in the network layer of IoT to expand into the perception and application layers, accelerating the development of home-based elderly care service platforms, smart IoT communities, and BeiDou positioning services.

The Group was selected by the globally renowned Boston Consulting Group as one of the "Top 50 Emerging Market Enterprises in the World". As one of the 15 Chinese companies selected, Simcom Technology Group is considered an outstanding representative of local national enterprises that have achieved market leadership through innovative business models and leading technological advantages. Simcom Technology Group is committed to becoming a leading global provider of overall solutions and services in the field of wireless communications and IoT.