"Founded in April 2005, Joyy Inc. (“JOYY” or the “Company”) is a leading global video-based social media platform. It was listed on the NASDAQ on November 21, 2012. From live streaming, short form video, social network, e-commerce, education and Internet finance, JOYY develops and deliver a variety of services such as YY LIVE, Huya, imo, BIGO LIVE, Likee, HAGO and YY dating. HUYA launched IPO on NYSE on May 11, 2018 and became the first successful listed case of internal incubation. In March 2019, JOYY completed the acquisition of BIGO which had a market valuation of US$2.1B. JOYY aims at two core strategies, “Globalization” and “Artificial Intelligence”. We commit to accelerate our globalization process and expand our international influence, so as to become a global leading video-based social media platform. In addition, we strive to transform into a technology company taking artificial intelligence as the core, which helps to create more diversified opportunities for users to interact and a better experience for our users. Today, there are over 7,000 employees in JOYY Group, and 65% of them are engineers. Our mission is to “Connect People and Enrich Their Lives Through Video”. We aim to become a characteristic and globalized enterprise in China’s Internet industry via continuously upgrading our technological advantages and enhancing our influence towards the international."