Mobvoi Inc. (China)

The Company was incorporated in the Cayman Islands under the Companies Law as an exempted company with limited liability on August 31, 2012. The Company’s shares are listed and from which dealings in the Shares on the Main Board first commence on Wednesday, April 24, 2024.
The company is a China-based company mainly engaged in artificial intelligence (AI) technology development and smart device sales. The AI Software Solutions segment is principally engaged in provision of AIGC solutions and AI enterprise solutions with the core of generative AI and voice interaction technologies. The Smart Devices and Other Accessories segment is mainly engaged in the sales of smart devices and related spare parts. The Company mainly conducts its business in the domestic market.

HISTORY
The key milestones in development to date are set out below:
2012
The Company was incorporated in the Cayman Islands and we established our first operating entity in China.
2013
The company started to develop an end-to-end voice AI system based on deep learning framework, which comprised signal processing, speech recognition, natural language processing and search recommendation, and launched voice assistant “Xiaowen” on various terminals, which was the early prototype of AI CoPilot.
2015
The company released TicWatch, an smart device with voice assistant and software-hardware integration capability.
2016
The company released the overseas version of TicWatch, which paved way to globalize the sales.
2017
The company were one of the first in the PRC to introduce a personal virtual assistant covering multiple scenarios. It was installed in smart watches, smart speakers, smart headphones and smart vehicles with the ability to achieve a closed-loop interactive experience by connecting people, vehicles and homes.
2020
- The company developed “UCLAI,” universal Chinese Language AI, a large language model.
- The company introduced “Moyin Workshop”, an AI voiceover assistant within the AIGC solution matrix.
2022
- The company introduced “Mozhuan Writing”, an AI writing assistant within the AIGC solution matrix.
- The company released “Weta365”, an AI avatar within the AIGC solution matrix.
- The company released “DupDub”.
2023
- The company upgraded the large language model, “UCLAI”, to “Sequence Monkey.”
- The company sales of TicWatch and other Smart Devices and Other Accessories covered over 100 countries and regions across the world.
- The company had pre-installed automotive voice interaction solutions to over two million vehicles.
- The company introduced “Qi Miao Wen”, an AI writing assistant within our AIGC solution matrix.
- The company introduced “AI Ask365”, a solution for creating AI-empowered digital personnel.
- The company owned in aggregate 749 domestic and overseas patents and patent applications.