Sharewow ^{Filed, US Offering, Nasdaq: SUWA}

We are the leading 3D portrait photography service provider in China with a 34.0% market share in terms of revenue in 2023, according to the Industry Report. With our proprietary full-stack 3D photography technologies and strong AI data processing capability, we offer 3D photography printing equipment and booths to our business customers who in turn sell 3D portraits, life-like figurines and miniature landscapes to end users, both under our proprietary brands as well as the customers’ own brands. We provide holistic 3D portrait photography solutions to our business customers. We help our customers set up and operate local stores and kiosks that sell 3D portraits to end users, and generate the majority of our revenue from the service fees we charged. The services we provide include equipment sales, booth setup, software licensing, and customized model processing. In 2022 and 2023, we generated service revenue from 6 and 20 business customers, respectively. We have designed and developed all the core hardware and algorithms required to produce our products, including our 3D photography booths, 3D human body reconstruction algorithm, 3D color management algorithm, AI portrait restoration algorithm and store management SaaS software.