SHANGHAI, April 12, 2021 /PRNewswire/ -- Today, 5Y Capital announced the closing of its latest fundraising in USD and RMB, totaling over $2 billion. The new funds significantly exceeded the firm's original target and hit the hard caps in a very short time after initial launch. Investors in the new funds include both existing long-term LPs and globally well recognized new investors. The latest USD funds alone exceeded $1.7 billion, including 5Y's highly reputable early-stage venture fund and its first ever growth fund. Over the decades, 5Y Capital has gained a wealth of experience in venture investments, identified and supported outstanding entrepreneurs from scratch and helped them achieve

BEIJING & CUPERTINO, Calif.--(BUSINESS WIRE)--Huami Corp. (NYSE: HMI) today announced that it has invested $5 million in Hyperfine Research’s D round of funding, which closed on February 3, 2021. Huami’s mission is to connect health with technology, developing both consumer and industrial health technologies. The company believes its miniaturization engineering expertise dovetails with efforts to miniaturize medical imaging technology which can disrupt the locations, applications and costs of medical imaging. Hyperfine Research is pioneering MRI imaging with its portable Swoop system, which received FDA 510(K) clearance in August of 2020. “In the same way that new depth and granu

IRVINE, Calif.--(BUSINESS WIRE)--Amazfit, a global brand in the smart wearables market, is committed to connecting health with technology and is keeping hearts in mind this Valentine’s Day. Monitor heart rate and other important health metrics with an Amazfit smartwatch that matches any style and need. Whether treating yourself or your sweetheart, customers can save up to $30 off Amazfit’s latest products during the limited time Valentine’s Day Sale. Gifts for Your Valentine For the Stylish Sweetheart: The Amazfit GT series of smartwatches offer a fashion-forward design, while featuring comprehensive tools to help track heart rate, sleep quality, stress levels and more. Coming

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

BEIJING, Jan. 14, 2021 /PRNewswire/ -- Huami Corp. (NYSE: HMI) today announced that it will hold a Fireside Chat conference call for investors on Friday, 22 January 2021. The company will discuss its 2021 strategies for consumer and industrial health technologies, including its product plans announced at the Consumer Electronics Show and new partnerships in medical imaging. Speakers will include Chairman, CEO and founder, Wang Huang; CFO Leon Deng; and COO Mike Yeung. The call will begin at 8:00 a.m. ET U.S. / 9:00 p.m. China Standard Time. Participants can access the call by dialing +1-888-346-8982 or +1-412-902-4272 for international callers, and ask to be connected to the call for "Hua

OAKLAND, Calif. & CUPERTINO, Calif.--(BUSINESS WIRE)--Promaxo, Inc. (Promaxo), the medical imaging, robotics, and AI technology company, and Huami Corp. (NYSE: HMI) today announced closing an investment round of $4.17M led by Huami. “As an industry, we are just scratching the surface of how powerful MRI is poised to become in guided interventions, and we are proud to have Huami as a strategic investor as we introduce our truly open MRI system to the masses,” said Dr. Amit Vohra, founder and CEO of Promaxo. “We are thrilled to have the financial support to help execute our vision and look forward to providing the best healthcare possible to our patients and clinical partners.” Th

BEIJING, Jan. 5, 2021 /PRNewswire/ -- Huami Corp. (NYSE: HMI) today announced that it has entered into an agreement to acquired 29.99% of the outstanding shares of Jiangsu Yitong Hi-Tech Co., Ltd., (Shenzhen: 300211) for an aggregate consideration of RMB959.68 million (US$147.08 million) in cash. Leveraging Huami's core capabilities, as well as Yitong's access to the Chinese domestic capital market, Huami and Yitong is expect to expand the healthcare ecosystem for Chinese market in the long term. "This new partnership with Jiangsu Yitong is an investment in the future of our business in China," said Mr. Wang Huang, chairman, CEO and founder of Huami Corp. "Our equity stake in Yitong will

IRVINE, Calif.--(BUSINESS WIRE)--Amazfit has released its latest addition to the Amazfit Bip series of smartwatches, the Amazfit Bip U ($59.99) and Amazfit Bip U Pro ($69.99), and expanded its smart technology offering with the Amazfit Smart Scale ($49.99). All three products were designed to embody Amazfit’s commitment to connect health with technology--making life easier, more efficient and fun. For a limited time, U.S. customers can purchase these products on sale for holiday gifting at us.amazfit.com and Amazon. Amazfit Bip U Series – Dynamic features for an active lifestyle These lightweight and attractive smartwatches are designed to deliver the very latest in health and fit

CUPERTINO, Calif. & OAKLAND, Calif.--(BUSINESS WIRE)--Huami Corp. (NYSE: HMI) and Promaxo, Inc. today announced a partnership for joint technology, commercialization and market development opportunities. Huami is a global provider of smart consumer health and industrial health technologies. Promaxo is pioneering MRI technology that pushes the boundaries of medical imaging by encapsulating high-quality MR imaging at low magnetic field into a small form-factor, with an initial market emphasis on urology applications. The companies plan to work together on joint engineering for the application of artificial intelligence, product integration opportunities and contract manufacturing.

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