Vivo is headquartered in Dongguan, China, where it actively attracts and develops local talent and has established an extensive R&D network across cities such as Shenzhen, Dongguan, Nanjing, Beijing, Hangzhou, Shanghai, and Xi'an. This network covers cutting-edge fields including 5G communication, artificial intelligence, industrial design, and imaging technology, among other personal consumer electronics and services. As a technology company driven by design and focused on intelligent terminals and smart services, Vivo is committed to bridging people with the digital world. With its unique creativity, Vivo aims to provide a more convenient personal mobile digital lifestyle. Thanks to its smart manufacturing network (including brand licensing), Vivo’s annual production capacity has reached nearly 200 million units, delivering high-quality products and services to over 400 million users in more than 60 countries and regions. In 2022, Vivo held a 18.6% market share, ranking first in the Chinese market. (Data source: IDC, January 2023) Leveraging its strength in the smartphone industry, Vivo has also sought breakthroughs in internet business models, developing a range of internet products centered on its app store, game center, and browser. In 2018, Vivo launched its artificial intelligence assistant Jovi, which currently serves 378 million users, supports over 1,000 scenarios, and covers core areas such as mobile use, daily life, travel, work, leisure, study, family, and health. On the road to the future, Vivo adheres to its core values of "integrity, user orientation, design-driven, learning, and teamwork," and follows a sustainable development strategy throughout its value chain. The company is dedicated to becoming a healthier and more enduring world-class enterprise.