Financial Data and Key Metrics Changes - The company's revenue for Q1 2020 increased by 36.1% to RMB 1.1 billion from RMB 0.8 billion in Q1 2019 [16] - Gross profit rose by 12.5% to RMB 244.6 million, with a gross margin of 22.5%, down from 27.2% a year ago due to changes in product mix and sales promotions [16] - Total operating expenses increased by 60.2% to RMB 224.1 million, reflecting investments in R&D and marketing [16][18] - Net income attributable to ordinary shareholders decreased to RMB 19.2 million from RMB 85.6 million in Q1 2019 [19] Business Line Data and Key Metrics Changes - The company shipped 7.6 million units in Q1 2020, a 35.7% increase year-over-year, driven by strong demand for both self-branded products and Mi-Band 4 [14] - The introduction of new products, including smart gym hubs and fitness earphones, is part of the strategy to expand the product portfolio [19] Market Data and Key Metrics Changes - The company ranked number one in market share for smartwatches in India, Indonesia, and Spain, and number three in Russia and Mainland China [8] - The company is now present in over 70 countries with 137 channel distributors, showcasing strong global brand recognition [8] Company Strategy and Development Direction - The company aims to build a comprehensive health and fitness ecosystem, focusing on wearable technologies and health tech [7] - Continued investment in R&D and marketing is emphasized to drive long-term growth and profitability [15] - Partnerships with Xiaomi and Timex are highlighted as key collaborations for product launches [9] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the underlying demand for products despite the impact of COVID-19, anticipating a recovery in sales as market conditions improve [13][20] - The company expects net revenues for Q2 2020 to be between RMB 1 billion to RMB 1.05 billion, reflecting current market conditions [20] Other Important Information - The company has made significant progress in healthcare initiatives, including partnerships for monitoring respiratory diseases using wearable devices [10] - A research article on infectious disease prediction based on wearable device data was published, indicating the potential for health surveillance systems [11] Q&A Session Summary Question: Outlook for 2020 amidst COVID-19 - Management acknowledged uncertainty but noted positive signs in primary markets, hoping for sales recovery in the second half of the year [23] Question: Consumer awareness on health impacting product sales - Management confirmed increased global awareness of health due to COVID-19, which could boost future product demand [26] Question: Drivers behind strong Q1 revenue - Revenue growth was driven by high demand for Mi-Band products and Amazfit smartwatches, offsetting the pandemic's impact [28] Question: Updates on new product features - New products with health-related features are planned, including Mi-Band 5, with no delays in R&D due to COVID-19 [30][38] Question: Factors impacting gross margin - Gross margin was affected by discounts on Mi-Band products, with expectations for improved margins as new products are released [32] Question: Recovery in specific markets - Management noted recovery signs in Europe and emphasized the importance of independent sales channels for Amazfit products [36]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) o REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019. OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR o SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITI ...

Financial Data and Key Metrics Changes - In Q4 2019, revenue increased by 72.4% to RMB2.1 billion from RMB1.2 billion in Q4 2018 [20] - Net income attributed to Huami Corporation rose by 64.5% year-over-year [19] - Shipments reached 14.7 million units in Q4 2019, representing a 59.8% growth from 9.2 million units in the same quarter of 2018 [19][20] - Gross profit increased by 62.8% to RMB503 million, with a gross margin of 23.8%, down from 25.2% a year ago [21] - Total operating expenses rose by 60.6% to RMB285 million, reflecting increased investment in R&D and marketing [21][25] Business Line Data and Key Metrics Changes - The Amazfit brand expanded to seven smartwatch product lines, contributing to strong sales growth [8][9] - Approximately 51.6% of total products sold were shipped overseas, indicating a significant international presence [9] - In Q4 2019, Amazfit watch shipments increased by 440.1% in Western Europe [11] Market Data and Key Metrics Changes - Huami ranked number one in market share for smartwatches in India, Indonesia, and Spain [10] - The company experienced a 328.5% increase in shipments in markets outside the previously mentioned countries [11] - The European market saw rapid growth, with significant increases in shipments and market share [11] Company Strategy and Development Direction - The company aims to build a comprehensive health and fitness ecosystem through new product initiatives [12] - Continued collaboration with partners like Timex and Xiaomi is a key part of the strategy [13] - Focus on healthcare technology development, including partnerships for cloud-based healthcare services [14] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the impact of the COVID-19 outbreak on supply chains and operations, expecting some effects in Q1 2020 [15][27] - Despite challenges, management remains confident in achieving sustainable growth and profitability in 2020 [27] - The company plans to launch new products and expand into new markets, maintaining a focus on health and fitness [47][49] Other Important Information - The company donated medical supplies in response to the COVID-19 outbreak and is leveraging AI capabilities for health monitoring [16][17] - The next generation AI chip, Huangshan-2, is in development to enhance healthcare functionalities in future products [14] Q&A Session All Questions and Answers Question: Impact of COVID-19 on 2020 outlook - Management acknowledged supply chain impacts but remains confident in catching up losses in the latter part of the year [31][32] Question: Update on Timex collaboration - The first product, Timex Ironman R300, has been launched, and further products are expected in the first half of the year [33] Question: AI intelligence project updates - The company is engaged in partnerships with institutions like Stanford University for sleep research and algorithm improvements [35] Question: Shipment breakdown by region - Europe represents approximately one-third of overseas sales, with significant growth in various EU countries [37] Question: Gross margin factors - The blended margin decreased slightly due to strong sales of lower-margin Xiaomi products, but Amazfit margins improved [42] Question: Future product focus - The company will continue to focus on health and fitness products while exploring new market opportunities [49]

Huami Corporation (HMI) Q3 2019 Earnings Conference Call November 12, 2019 7:30 AM ET Company Participants Grace Zhang - Director, Investor Relations Huang Wang - Chairman & Chief Executive Officer David Cui - Chief Financial Officer Mike Yeung - Chief Operating Officer Conference Call Participants Clive Cheung - Credit Suisse Arthur Lai - Citi Meng Cao - Industrial Securities Michelle Zhang - China Renaissance Xudong Chen - CICC Robert Cowell - 86Research Jason Sun - China Renaissance Operator Hello ladies ...

Huami Corporation (HMI) Q2 2019 Results Earnings Conference Call August 19, 2019 9:00 AM ET Company Participants Grace Zhang - Director, Investor Relations Huang Wang - Chairman and CEO David Cui - Chief Financial Officer Mike Yeung - Chief Operating Officer Conference Call Participants Kyna Wong - Credit Suisse Xudong Chen - CICC Arthur Lai - Citi Joy Wei - 86 Research Operator Hello, ladies and gentlemen. Thank you for standing by for Huami Corporation’s Second Quarter 2019 Earnings Conference Call. At th ...