Established in 2011, Megvii is a world-class AI company with a core competency in deep learning. Megvii provides full-stack solutions integrating algorithms, software, hardware, and AI-empowered IoT devices to help customers and end-users optimize cost, improve efficiency, and address pain points facing their businesses. Megvii's proprietary AI productivity platform Brain ++ and open-source deep learning framework MegEngine function as a unified underlying architecture for the Company's algorithm training and model improvement processes. At the heart of Megvii's strategy is developing and commercializing cutting-edge AI technologies. Megvii's AI-powered solutions include: Personal IoT solutions to improve user experience on personal devices by empowering cameras with AI; City IoT solutions to enhance public safety, optimize city and community management, and improve urban resource planning; and Supply Chain IoT solutions to make the supply chain more efficient through AI-empowered robots and sensors. Headquartered in Beijing with over 3,000 employees, Megvii maintains four research and development centers in Beijing, Shanghai, Nanjing, and Chengdu. Currently, Megvii serves over 3,000 customers and hundreds of thousands of developers worldwide.