UTime Limited (FXHO) USD5 A

UTime Ltd is a company mainly engaged in the design, development, production, sales and brand operation of mobile phones, accessories and related consumer electronics. The Company also provides electronics manufacturing services (EMS), including original equipment manufacturer (OEM) and original design manufacturer (ODM) services. The Company owns two in-house brands, UTime, which is a middle-to-high end label and targets middle-class consumers from emerging markets, and Do, a low- to mid-end brand, which is positioned to target grassroots consumers and price-sensitive consumers in emerging markets. The Company sells its products in China and overseas, including India, Brazil, the United States, and other emerging markets countries in South Asia, Africa and Europe.