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Former Texas Instruments Executive Bing Xie Joins Huami's Board as Independent Director

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Huami Corp. (NYSE: HMI) has appointed Mr. Bing Xie, a former Texas Instruments executive, as an independent director on its board. Mr. Xie brings over 21 years of experience from Texas Instruments, where he led global sales and served as president of Greater China. His expertise will contribute to Huami's strategy in the smart IoT sector and enhance health and medical initiatives. The board includes members with strong backgrounds in technology and finance, reinforcing Huami's commitment to innovation in smart health devices.

Positive
  • Appointment of Mr. Bing Xie as an independent director enhances board expertise.
  • Mr. Xie’s extensive experience in global sales can propel Huami's market positioning.
Negative
  • None.

BEIJING & CUPERTINO, Calif.--()--Huami Corp. (NYSE: HMI) today announced that it appointed Mr. Bing Xie, former Texas Instruments (TI) executive officer and senior vice president of worldwide sales and applications, as an independent director on Huami’s board. Mr. Xie will serve on the board’s Audit, Compensation, Nominating, Corporate Governance and the AI and Big Data Ethics Committees.

Over a 21-year career at Texas Instruments, Mr. Xie most recently led the worldwide sales and applications teams. He was previously TI's president of Greater China (China, Taiwan, Hong Kong). Mr. Xie started his career at Hewlett-Packard, and later joined Bay Networks and 3Com. He has lived and worked in China, Italy, America and Canada. Mr. Xie holds a bachelor of science degree in electronics engineering from Xidian University, and an MBA from Clemson University.

“I am very happy that Mr. Bing Xie can join the board of directors,” said Wang Huang, chairman and CEO of Huami Corp. “He has extensive experience and global vision obtained from working with Texas Instruments. With his leadership, I believe he can help Huami better lay out the company's strategy toward the smart IOT industry, and further promote the implementation of our health and medical strategies."

Mr. Xie joins current standing board members Mr. De Liu, co-founder and a senior vice president of Xiaomi; Dr. Hongjiang Zhang, retired chief executive officer of Kingsoft (a Hong Kong listed company 03888.HK), former chief technology officer of Asia-Pacific R&D and Distinguished Scientist at Microsoft; Mr. Jimmy Lai, retired chief financial officer of China Online Education Group; Ms. Yunfen Lu, co-founder and vice president of Huami Corp.; and Mr. Xiaojun Zhang, co-founder and vice president of Huami Corp.

About Huami Corporation (NYSE: HMI)

Huami’s mission is to connect health with technology. Since its inception in 2013, Huami has developed a platform of proprietary technology including AI chips, biometric sensors, and data algorithms, which drive a broadening line of smart health devices for consumers, and analytics services for industry. In 2019, Huami shipped 37 million smart watches and fitness bands, including its own Amazfit brand, and products developed and manufactured for Xiaomi, comprising 23% of global category shipments1. Huami Corp is based in Hefei, China, with U.S. operations, Huami-USA, based in Cupertino, Calif.

For more information, please visit https://www.huami.com/investor/pages/company-profile

1 IDC, Correcting and Replacing Shipments of Wearable Devices, 3/10/20

Contacts

In China:
Investors: Grace Yujia Zhang, ir@huami.com
Media: Ken Cao, press@huami.com

In the United States:
Investors: Brad Samson, brad.samson@huami-usa.com, 714-955-3951
Media: Lydia Huang, lydia.huang@huami-usa.com, 407-800-5625

FAQ

Who is the new independent director of Huami Corp. (HMI)?

Huami Corp. appointed Mr. Bing Xie, a former Texas Instruments executive, as its new independent director.

What experience does Mr. Bing Xie bring to Huami Corp. (HMI)?

Mr. Bing Xie has over 21 years of experience at Texas Instruments, including roles in global sales and as president of Greater China.

How will Mr. Bing Xie's appointment affect Huami Corp. (HMI)?

His experience is expected to help Huami enhance its strategy in the smart IoT industry and strengthen health initiatives.

What committees will Mr. Bing Xie serve on at Huami Corp. (HMI)?

Bing Xie will serve on the Audit, Compensation, Nominating, Corporate Governance, and AI and Big Data Ethics Committees.

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