Huami Corporation to Hold 2020 Annual General Meeting on February 25, 2021

Rhea-AI Summary

Huami Corporation (NYSE: HMI) is set to hold its 2020 Annual General Meeting (AGM) on February 25, 2021, in Beijing. The AGM will consider a proposal to change the Company's legal name to Zepp Health Corporation and alter the trading symbol to ZEPP. The proposed changes are not expected to impact shareholders' rights or the Company's financial status. The record date for shareholder eligibility is January 22, 2021. Huami has also filed its annual report for the fiscal year ended December 31, 2019, with the SEC, detailing its performance.

Positive

• Preparation for the AGM indicates active shareholder engagement.
• The proposed name change to Zepp Health Corporation may strengthen brand identity.

Negative

• None.

BEIJING, Jan. 22, 2021 /PRNewswire/ -- Huami Corporation ("Huami" or the "Company") (NYSE: HMI), today announced that it will hold its 2020 Annual General Meeting of Shareholders (the "AGM") at Huami Co., Ltd. Building B2, zhongguancun No.1, No.81 Beiqing road, Haidian District, Beijing, China P.C.100094, at 2:00 pm (Beijing Time) on February 25, 2021. The purpose of the AGM is for the Company's shareholders to consider, and if thought fit, approve the change of the Company's legal name from "Huami Corporation" to "Zepp Health Corporation", and the change of the Company's trading symbol at the New York Stock Exchange from "HMI" to "ZEPP." The proposed name change and trading symbol change will not affect any rights of shareholders or the Company's operations and financial position.

The board of directors of the Company has fixed the close of business on January 22, 2021 as the record date (the "Record Date") in order to determine the shareholders entitled to receive notice of the AGM or any adjourned or postponed meeting thereof.

Holders of the Company's ordinary shares whose names are on the register of members of the Company at the close of business on the Record Date are entitled to attend the AGM and any adjournment or postponement thereof in person. Holders of the Company's American depositary shares ("ADSs") who wish to exercise their voting rights for the underlying shares must act through Deutsche Bank Trust Company Americas, the depositary of the Company's ADS program.

Huami has filed its annual report on Form 20-F, including its audited financial statements for the fiscal year ended December 31, 2019, with the U.S. Securities and Exchange Commission (the "SEC"). Huami's Form 20-F can be accessed on the above-mentioned Company website, as well as on the SEC's website at http://www.sec.gov. Shareholders may request a hard copy of the Company's annual report on Form 20-F, free of charge, by contacting Huami Corporation at ir@huami.com or by writing to Huami Corporation at Huami Global Innovation Center, Building B2, Zhong'an Chuanggu Technology Park, No.900 Wangjiang West Road, Hefei, China (230088), People's Republic of China.

About Huami Corporation

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 products for consumers, and analytics services for industry. In 2019, Huami shipped 36.6 million units of smart watches and fitness bands, including its own Amazfit brand, and products developed and manufactured for Xiaomi, comprising 23% of global category shipments1. Huami Corporation 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

For investor and media inquiries, please contact:

In China:
Huami Corporation
Grace Yujia Zhang
E-mail: ir@huami.com

The Piacente Group, Inc.
Yang Song
Tel: +86-10-6508-0677
E-mail: huami@tpg-ir.com

In the United States:
Brad Samson
E-mail: brad.samson@huami-usa.com

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SOURCE Huami Corporation

FAQ

When is Huami Corporation's AGM scheduled?

Huami Corporation's AGM is scheduled for February 25, 2021.

What is the purpose of Huami's AGM?

The AGM will consider changing the Company's name to Zepp Health Corporation and its trading symbol to ZEPP.

What is the record date for Huami's AGM?

The record date to determine shareholders eligible to attend the AGM is January 22, 2021.

How can shareholders access Huami's annual report?

Shareholders can access Huami's annual report on Form 20-F filed with the SEC on the Company's website or the SEC's website.

Will shareholders' rights change with the proposed name change?

No, the proposed name change will not affect any rights of shareholders.