Shenzhen Royal Audio Manufacturing Co., LTD. (hereinafter referred to as "Royal Audio") was established in November 2016, mainly engaged in the research and development, design, production and sales of multimedia audio, Bluetooth audio, headphones, microphones and other digital products. Royal Audio is located in Shenzhen Dongjin Gateway Pingshan Industrial Park Maibo Industrial Park, with more than 200 employees. Royal Audio is a wholly-owned subsidiary of Real Madrid Group. Relying on the industry resources of the Group for more than 20 years, Royal Audio has been deeply engaged in the field of audio manufacturing. It has developed robust manufacturing and supply chain integration capabilities, and established long-term strategic partnership with brands such as lenovo, soundlab and shinco.