Mobi Development Co., Ltd. (the “Company”) was incorporated as an exempted limited liability company in the Cayman Islands on December 16, 2002. The Company's shares were listed on the Stock Exchange of Hong Kong Limited (the “Stock Exchange”) on December 17, 2009 (stock code: 947). The Company uses its subsidiaries Mobi Antenna Technology (Shenzhen) Co., Ltd. (“Mobi Shenzhen”), Mobi Communications Technology (Ji'an) Co., Ltd. (“Mobi Xi'an”), Mobi Technology (Xi'an) Co., Ltd. (“Mobi Xi'an”), Mobi Technology (Hong Kong) Co., Ltd. (“Mobi Technology”), Shenzhen Mobi Industrial Development Co., Ltd., Xi'an Chengrong Communication Technology Co., Ltd., Shenzhen Jinyusheng Smart Network Technology Co., Ltd., Ji'an Jinyusheng Network Communication Technology Co., Ltd., Shenzhen Mobi Network Communications Co., Ltd. Biantenna Technology Engineering Co., Ltd. operates its business. The Company is one of the few one-stop suppliers of wireless communication antennas and base station radio frequency (“radio frequency”) subsystems in China. The company's business includes the design, manufacture, marketing and sale of antennas, base station RF subsystems and solutions, which are essential components of mobile communication coverage systems, including wireless access systems (WiFi and PHS), 2G (GSM and CDMA), 3G (TD-SCDMA, CDMA2000, W-CDMA and WiMAX), 4G (TD-LTE and FDDLTE), 5G, MIMO, 5G-A, green antennas, satellite communication networks, and microwave transmission networks. The Company sells products directly to network operators in China and overseas for deployment into the networks they build and operate. The Company also sells products to several of the world's leading wireless network solution providers, which integrate our products into their wireless coverage solutions (such as their proprietary base stations) and then sell them to network operators around the world. The company is committed to providing high-quality advanced products and establishing long-term relationships with customers.