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Upon reviewing available public company data, it appears that "FiEE" with the stock symbol "FIEE" is not currently listed as a publicly traded company on major stock exchanges.

Therefore, I am unable to identify its major customers or customer categories, as the company does not seem to exist in the public domain as described.

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Wai Chung Li, Chief Executive Officer

Mr. Li has extensive experience in accounting, corporate management, and finance management. His career includes significant roles at Deloitte China, Shanghai Prime Machinery Company Limited, and Lens Technology Co., Ltd. He has also held key positions in investment management, business consulting, and directorial roles in publicly listed companies. Additionally, Mr. Li has served as the chair of the Audit Committees for Fulu Holdings and Taizhou Water Group in Hong Kong, and Nedschroef in the Netherlands.

Cao Yu, Chief Financial Officer, Secretary, Treasurer and Director

Ms. Cao possesses a wealth of experience in financial management, overseeing financial operations, strategic planning, risk management, and reporting to ensure financial health and compliance. Her previous roles include serving as the treasury director of Taifeng Cultural Communication Co., Ltd (November 2018 to November 2024), a business manager of Yangfeng Art Exchange Co., Ltd (February 2016 to October 2018), and a treasury officer of the financial department of Suzhou Industrial Park Xinfushida Plastic Profile Products Co., Ltd (March 2011 to January 2016).

Bin Hu, Independent Chairman

Mr. Hu serves as an Independent Chairman on the Board of Directors.

David Natan, Independent Director

Mr. Natan is an Independent Director on the Board of Directors.

Oi Fat Chan, Independent Director

Mr. Chan serves as an Independent Director on the Board of Directors.

The key risks to FiEE (symbol: FIEE) are:

1. Compliance Issues and Delisting Risk: FiEE has encountered compliance issues with Nasdaq's listing standards, specifically regarding shareholder approval rules and board independence. The company received a notice of deficiencies and had to settle to prevent immediate delisting, with plans to present its case to the Nasdaq Hearings Panel. Maintaining compliance with Nasdaq listing standards is a crucial factor, and failure to do so could materially impact the company's projected results.
2. Financial Challenges and Weak Financial Health: FiEE faces significant financial challenges, as indicated by an EBITDA of -$1.21 million and a weak overall financial health score, according to InvestingPro analysis. The success of the company's strategic transformation is considered vital for its future stability. Additionally, the company's stock has shown significant volatility.
3. Negative Investor Reaction to Strategic Moves and Acquisitions: The company's stock experienced a substantial decline after its $3.5 million acquisition of a Japanese technology firm, reflecting a negative investor reaction despite management's optimistic outlook. This highlights the risk that strategic decisions, such as acquisitions or broader strategic transformations, may not be well-received by the market, leading to significant stock price drops.

FiEE (NASDAQ: FIEE) is expected to drive future revenue growth over the next 2-3 years through several key initiatives, primarily stemming from its strategic transformation from a legacy hardware operation to a focus on digital brand management solutions, integrating IoT, connectivity, and AI.

Here are the expected drivers:

1. Expansion of SaaS Offerings and Customer Acquisition: FiEE launched new Software as a Service (SaaS) products in March 2025, including the "FiEE All-in-One Media Operations SaaS Platform" designed for content creation, multi-platform publishing, data analytics, and collaboration tools for media teams and individual creators. The company also introduced a Key Opinion Leader (KOL) community platform. By June 30, 2025, FiEE had onboarded 245 customers for its SaaS services, demonstrating early traction and secured sales contracts.
2. Global Market Expansion: FiEE is actively pursuing an expanded global footprint, highlighted by its participation in the INTEX Osaka international trade fair in 2025. This expansion aims to introduce its proprietary SaaS platform and authentication technologies to international visitors and cultivate a worldwide community of KOLs, thereby extending its reach in the international market.
3. Strategic Acquisitions and Technology Integration: The company has strategically acquired intellectual property and fixed assets, including advanced product authentication technologies, high-efficiency file transfer systems, and blockchain-powered Know Your Customer (KYC) solutions. These acquisitions are intended to enhance FiEE's technological capabilities and market presence in the IoT, connectivity, and AI sectors, strengthening its brand management solutions.
4. Growth in its Cloud-Managed Connectivity (WiFi) Platform and Professional Services: Beyond its new SaaS focus, FiEE continues to offer and grow its Cloud-Managed Connectivity (WiFi) Platform, IoT Hardware Sales & Licensing, and Professional To-C and To-B Services & Support. These established service categories contribute to a diversified revenue stream, with ongoing efforts to integrate AI and data analytics into content creation and brand management across these services.

Share Repurchases

There is no publicly available information indicating any share repurchase programs or actual share repurchases made by FiEE (or Minim, Inc.) within the last 3-5 years.

Share Issuance

• On April 17, 2023, Minim Inc. executed a 1-for-25 reverse stock split, reducing the number of outstanding common shares from approximately 47.15 million to about 1.89 million.
• On October 27, 2025, stockholders approved the issuance of 1,235,814 common shares upon the conversion of a $300,000 convertible note. [cite: 10 in previous turn, 15 in previous turn]
• Additionally, 404,002 shares became exercisable from a July 2025 warrant at an exercise price of $0.01 per share following stockholder approval on October 27, 2025. [cite: 10 in previous turn, 15 in previous turn] The FiEE, Inc. 2025 Equity Incentive Plan was also approved, reserving 1,394,230 shares for future issuance. [cite: 9 in previous turn, 15 in previous turn]

Inbound Investments

No large inbound investments made by third-parties (e.g., strategic partners or private equity firms) in FiEE have been publicly disclosed within the last 3-5 years, beyond capital raised through the conversion of debt or exercise of warrants.

Outbound Investments

• FiEE is in the process of acquiring 100% of the equity interests of Suzhou Yixuntong Network Technology Co., Ltd., which includes intellectual property and fixed assets. The completion deadline for this acquisition has been extended to March 25, 2026. [cite: 1, 3 in previous turn]
• In 2023, the company, then known as Minim, Inc., merged with e2Companies. [cite: 6 in previous turn]
• The company unveiled new SaaS products in March 2025, securing sales contracts with new clients, and solidified a strategic agency and cooperation agreement to participate in the international trade fair held at INTEX Osaka. [cite: 3 in previous turn]

Capital Expenditures

Specific dollar values for capital expenditures, expected capital expenditures for the upcoming year, and the primary focus of these expenditures for FiEE (or Minim, Inc.) for the last 3-5 years are not readily available in the provided public information.