We are happy to announce that Universal Labs managed to garner the backing of Mr. Li Bin — the founder of Hofan Group.

Mr. Li Bin has officially become a strategic advisor to Universal Labs. Li Bin is very optimistic about the prospects of the Universal Labs, and officially joined the Universal Labs team as an advisor. This is a great affirmation for us, also Hofan Group will help with the product implementation of Ubbey Box given its experience in global intelligent hardware and e-commerce industry.

Li Bin has vast experience in both entrepreneurship and investment. He graduated from the Universität Stuttgart, and achieved EMBA from China Europe International Business School (CEIBS). Besides being the founder of Hofan Group, he is also, a successful entrepreneur and angel investor and co-founded The Silk Road Fund.

Although Li Bin has been a low-key investor, many of you must be familiar with the products that Hofan Venture and Li Bin has invested in.

Hofang Venture has invested in many high-quality projects, some of which have hit homerun. Star projects such as JmGo Projector, Crazybaby Magnetic Levitation Speaker are highly sought after by IDG, Dachen, STARVC and other leading venture capitalists. They are especially successful in helping with the global expansion and distribution of the projects they invested in.

With this strong investment support and far-seeing advisor, we are very confident Ubbey Box will achieve wide success and adoption.