UTime Limited (UTME)

They are committed to providing cost-effective mobile devices to consumers globally and to helping low-income individuals from established markets, including the United States, and emerging markets, including India and countries in South Asia and Africa, have better access to updated mobile technology. They are mainly engaged in the design, development, production, sales and brand operation of mobile phones, accessories and related consumer electronics. They also provide Electronics Manufacturing Services , including Original Equipment Manufacturer, and Original Design Manufacturer services, for well-known brands, such as TCL Communication Technology Holdings, Haier Electronics Group, and Quality One Wireless LLC, a global leader in wireless distribution based in Orlando, Florida. Their operations are based in China whereas most of their products are sold globally, including India, Brazil, the United States, and other emerging markets in South Asia and Africa as well as Europe. They have two in-house brands, “UTime,” which is known as their middle-to-high end label and targets middle class consumers from emerging markets; and “Do”, as their low- to mid-end brand, is positioned to the majority of grassroots consumers and price-sensitive consumers in emerging markets. Their prime end user groups are segmented into regions like South America, South Asia, Southeast Asia and Africa.

Industry
Electronic & Other Electrical Equipment (no Computer Equipment)

CEO	CFO
Minfei Bao	Shibin Yu

Minfei Bao has served as our Chief Executive Officer since December 2019 and our Chairman of the Board of Directors since October 2018. Mr. Bao has also served as the Chief Executive Officer of UTime SZ since June 2008. From March 2006 to March 2008, Mr. Bao served as the general manager at United Creation Technology Co., Ltd., a mobile phone manufacturer (currently publicly traded on Chinese National Equities Exchange And Quotations Co., Ltd., or NEEQ). From March 1999 to March 2006, Mr. Bao served as Vice President at TCL Communication Technology Holdings Limited, a global mobile terminal manufacturer and internet service provider. From May 1997 to March 1999, Mr. Bao served as a manager in wireless technology application department at UTStarcom Incorporated, a global telecom infrastructure provider (NASDAQ: UTSI). Mr. Bao received a B.A. from the University of Electronic Science and Technology of China (UESTC). We believe Mr. Bao’s extensive experience qualifies him to serve on our board of directors.

Shibin Yu has served as our Chief Financial Officer since December 2019 and has been the financial manager and controller of UTime SZ since March 2019. From June 2017 to March 2019, Mr. Yu served as a senior associate at BDO Shu Lun Pan Certified Public Accountants LLP. From November 2013 to April 2017, Mr. Yu served as the Taxation Supervisor at Edan Instruments, Inc, a Medical Electronic Equipment manufacturer (currently publicly traded on SZSE: 300326). From February 2012 to September 2013, Mr. Yu served as the Accounting Head at Shenzhen Dazu Photovoltaic Technology Co., Ltd, a photovoltaic equipment provider. Mr. Yu received a B.A. from Dezhou University. Mr. Yu is also qualified as a Certified Public Accountants in China and is a CFA Charterholder.

Employees	Founded
307	2008

Address: 7th Floor, Building 5a Shenzhen Software Industry Base, Nanshan District Shenzhen, People’s Republic Of China 518061

Telephone: +86 755 86512266

Web page: http://www.utimemobile.com

First Trade Date	4/6/2021
Status	Priced
Exchange	NASDAQ
Lockup Period Expiration	.Pro
Quiet Period Expiration	.Pro
Old Price Range	-

Share prices ($)

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The lead left underwriter: Boustead Securities

Over the last 12 months Since the beginning of the year

IPOs led by the firm	.Pro
Profitability of conducted IPOs  ?	.Pro
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IPOs led by the firm	.Pro
Profitability of conducted IPOs  ?	.Pro
1st day change  ?	.Pro
Change for the first 3 months  ?	.Pro

Underwriters
Boustead Securities/ Brilliant Norton Securities/ Fosun Hani Securities
CO-Managers
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