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HMI - Huami extends multi-year strategic agreement with Xiaomi
Huami Corporation American Depositary Shares each representing four Class A
Huami (HMI) announced a 3-year extension of its strategic cooperation agreement with Xiaomi.Through the terms, Huami continues to receive the most-preferred-partner status to develop Xiaomi wearable products.In addition, the two parties will form a most-preferred strategic partnership on the R&D of AI-chips and algorithms for wearable devices.HMI shares +3.54%.