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New heights, New horizons Urovo’s headquarters moved to a new location

On May 22nd, the headquarters of Urovo moved to the new address, 36F High-Tech zone Union tower. The new office site is located in the central district of Houhai and borders the Shenzhen bay coastline. Overlooking the skylines of the twin cities of Shenzhen and Hong Kong, this new location also represents Urovo's broadened horizons and visions for the future.

New location : Union tower

Our HistorySince 2006, Urovo has been making strides towards our goal of becoming the forerunner of the mobilityindustry. Urovo first started out with a focus on providing integrated industrial mobile applications solutions for logistics enterprises. Thus gaining a rich experience and a leading position in the logistics industry, Urovo has been able to expand its products and services to several other sectors, including retail and e-commerce.

The changing demands of mobile applications in various industries meant that customers were increasingly dissatisfied with off-the-shelf mobile terminals and general-purpose software, seeking customized products and solutions. In response, Urovo designed and developed our own integrated software and hardware solutions to meet the needs of enterprises for tailor-made information management systems.

It was after ten years of hard work and innovation when in 2016, Urovo made an initial public offering and became a publicly tradable company on the Shenzhen Stock Exchange. With the advantage of market capital, Urovo has since stepped into a new era of financial consolidation and expansion.

2016 was a milestone year. In addition to occupying a position in the capital market, as the leader of the mobility industry, Urovo also ushered in a period of rapid development and growth, achieving about a 30% increase in revenue for three consecutive years.

This success is reflective of the market's recognition of UROVO's professional capacity, made possible by an enduring focus on Research and Development (R&D). Today, Urovo has a R&D team of 284 people, which accounts for almost half of the company workforce, possessing strong technical ability, practical structurning and a spirit for teamwork and cooperation.

This capacity for R&D and UROVO's technological strength is evidenced by in the establishment of many provincial, municipal and district engineering technology research centers. From 2013 to 2017, Urovo undertook several major science and technology projects, including the Internet of Things (IoT) development project established by the Ministry of Industry and Information Technology, the Science and Technology Innovation Fund by the Ministry of Science and Technology, and the new generation information technology and internet industry development project based in Shenzhen.

At present, Urovo provides hardware and software integration solutions focused on seven core functional areas:

· Logistics delivery information management

· Supply chain information management

· Quality and safety traceability management

· Mobile sales management

· E-government management

· Fixed assets management

· Smart mobile payments

These solutions are now widely used in a myriad of industries, including logistics, e-commerce, retail, manufacturing, finance, healthcare, and others.

Our futureThe relocation of Urovo's headquarters does not merely improve group operation management, but also comprehensively promotes the strategic deployment of new business development.

Shenzhen Bay is directly connected to Hong Kong via the western corridor and our new site is strategically situated to leverage the existing high-end industrial clusters, particularly the high-tech, financial, and modern service industries. This area is now a hotbed of innovation where industry giants such as Tencent and Baidu converge, providing boundless development potential for new businesses in the region.

From the perspective of current market trends, the traditional logistics and e-commerce industries maintain a good momentum of growth. "Smart logistics" has become the industry consensus, which will thus promote the continuous development of the logistics and express industry. Meanwhile, "New retail" brings about a change in conventional business models, as the application of intelligent transportation, intelligent manufacturing and other emerging fields gradually matures.

These new types of businesses are pushing various industries to invest in intelligent informatisation, which will in turn drive more industry enterprises to increase their investment in intelligent informatisation. As one of the earliest enterprises to provide intelligent industrial mobility solutions, Urovo constantly aware of the industry trends and frontiers.

Historically, Urovo has benefited from keeping up with the times, and has grown steadily in the field of industrial mobility solutions. With continuous innovation, Urovo's technology and products are now widely used in various fields and social scenes. In many industries, Urovo's reputation as an "industrial mobility solutions provider" is now widely known and well respected.

Now that Urovo has moved into our new high-rise headquarters, we also stand at an inflection point in our continuous development. We aim to remember where we come from without resting on our laurels, to turn towards a new era and stride into the future, in order that we might exceed even our own expectations in this new chapter of our journey.