Tuya Smart successfully went public today on the Hong Kong Stock Exchange

On July 5, 2022, global IoT development platform provider Tuya Smart (NYSE: TUYA, HKEX: 2391) successfully completed its dual listing on the main board of the Hong Kong Stock Exchange and officially began trading under stock code 2391. The Tuya Smart Hong Kong Stock Exchange listing ceremony was held at Tuya's global headquarters in Huace Center, Hangzhou.

[Tuya Smart Hong Kong Stock Exchange IPO Ceremony Site]

Tuya Smart founder and CEO Wang Xueji stated: "The great wave of digitalization and intelligence is unstoppable. From the moment Tuya was born, we have been committed to becoming a technology-product-driven global company, dedicated to creating world-class hard technology and a neutral, open ecosystem to create value for society and customers."

[Tuya Smart Founder and CEO Wang Xueji's Speech]

作为一家致力于让生活更智能的领先技术公司，涂鸦智能自2014年成立以来，从底层技术突破到产品智能化升级，再到行业解决方案应用，已将万物互联嵌入成长基因，研发出能够智连万物的云平台，打造互联互通的开发标准, 积极向技术“无人区”亮剑，成为IoT领域的领航者，助力全球众多企业实现数智化转型。

In 2022, Tuya accumulated strength and achieved breakthroughs in cutting-edge IoT technologies. On one hand, Tuya launched a strategic product—the private deployment solution for the IoT platform, Cube Smart Private Cloud—creating flexible and secure smart business platforms for enterprise groups across various industries. On the other hand, Tuya developed more open and diverse smart solutions. Beyond Tuya Hotels, Tuya Communities & Parks, Tuya Rentals, and Tuya Building SaaS, Tuya continued to deepen its expertise in vertical industry solutions such as smart offices and smart industrial applications, providing support for digital and intelligent transformation in more sectors.

As of March 31, 2022, the Tuya IoT development platform has accumulated over 582,000 registered developers distributed across more than 200 countries and regions. Products powered by Tuya reach over 120,000 (Sales) channels globally, serving 55 Fortune Global 500 enterprises.

This IPO on the Hong Kong Stock Exchange not only provides solid support for Tuya to further expand its market scale and serve more customers globally, but also offers investors another capital market choice, broadening the global investor base and depth. In the future, Tuya will continue to deepen its efforts across the full chain from smart manufacturing to smart scenario applications, fulfill its corporate mission of 'building an IoT developer ecosystem and empowering intelligent everything', stimulate vitality in the IoT industry with innovative technology, and help clients across all industries and multiple fields achieve digital and intelligent transformation in the era of the Internet of Everything.