 So we're here at the Galaxy Wind, and who are you? I'm Chester Tam from Galaxy Wind. Who is Galaxy Wind? Well, Galaxy Wind is actually a company focusing on IoT. We have 23 years of history working in big data communication devices, not only supporting the government, but in the year of 2009 we started a new branch, which is the IoT branch. So we released our product, Wukong I8, in the year of 2014, and we raised it to 2 million with AirMounts. In one month you raised $2 million on a smart AirCon partner device. Can we see what it is? That's right, sure. So it goes in power and you put the AirCondition in here? Yep. And then what can you do with it? Well, with this, basically you can remotely control your AirConditioning, even if you're far away from your house. For example, before you get back to your house, you can actually switch on your AirConditioning. Then once you get back to your house it's cool and nice. Or sometimes we rush out and then we forget to turn off our AirConditioning. It will be probably around for the whole day, and that will cost a lot of energy. So with this plug you can simply click on your cell phone and then you can turn off your AirConditioning. It saves your energy and also bells. Do you have to use your app to do all this? Does an app work? Yeah, there is an app. It's actually a very beautiful design app. So with all the functions that you can do with your remote controller, changing the temperature, changing the mode, you can even see your electricity consumption on the app. Wow, so it measures the electricity consumption? Yeah, there is power and metering actually in this. So actually people should buy one for each of their AirConditioners in the home? Yeah, they should buy one piece for each unit. It has a remote IR function. So there is an IR beacon in there? Yeah, IR beacon in there. Cool. Can you talk about some of the other stuff that you have here? Because it says Internet of Things. You have some Wi-Fi. What are you showing here? Yeah, basically our communication protocol, we have two different kinds of ways. Why is Wi-Fi focused on products? As you can see, we have smart socket. Those are simple Wi-Fi socket. We have the plugs of all different nations. And then we have the LED light. This is also Wi-Fi controlled LED light, RGB color. Yeah. We also have Air Conditioning Controller for European countries. Why is it different in European countries? Well, because of the plug, physically. Because the European has different plugs compared to China. So it has the same function otherwise? Yeah, it has the same function. We have the Wi-Fi thermostat for central air conditioning. What does it do compared to the Nest? Basically, it's a similar thing. So you basically have the similar function as Nest. And you talk about the module, what is that? Yeah, for the Wi-Fi module, we are actually a researched focused company. We provide smart solutions for traditional manufacturers. For example, there are manufacturers making heaters. They are making fans. They are making washing machines. So with our smart solution, we can help them to actually upgrade their products. So their products can be transformed into smart ones. So you have to get on the Wi-Fi hotspot at home. Is that how all of your solutions work? Is it through the hotspot at home? Yeah, for example, you can have a look of this fan heater. This is actually the fan heater that we actually made for one of our clients from Eatsly. They make traditional fan heaters. So we introduce our smart solution for them. And then they actually, with this module, so they transform their fan heaters into smart ones. So their clients can use APP to control their fan heaters. From there, you have to do all the controls. So is it again IR or something else? No, this is not IR. Basically, the Wi-Fi module only does the communication part. So it does communication with your cell phone. And also it sends message to the control panel in the device. And then it will operate remotely. How do you get into that control? How do you get to control these things? Basically, the demand is actually sent through these Wi-Fi modules. Then Wi-Fi modules talk to the control panel. But we have to work with the manufacturer. So it's not something that the end user is supposed to know. But this is something that we work with the manufacturers. So you have DesignHouse? Where are you based? We're based in Shenzhen. As you can see, we have this whole block building in Shenzhen. A high-tech zone, as I've already mentioned. 500 people? Yeah, we have 500 engineers. Three different research centers. One in Shenzhen, one in Changsha. And the headquarters is actually Shenzhen. And most of them are focusing on IoT right now? Basically, all of them are focusing on IoT. As you can see, we have a very rich production line. What I've just mentioned is only Wi-Fi products. But we have our newly released technology, which is MacBee. This is something that you don't hear much about. You probably know Zigabee, Z-Wave, and all those. MacBee is the protocol of Galaxy Win. As you can see, this is the gateway of MacBee. This is the smallest gateway of all IoT. So it's just USB? Yeah, it's just USB. USB provides power supply. And this will allow you to connect 128 different devices. Wow, so it powers and then it connects through this hub to the internet. So this one gets on Wi-Fi too? Yeah, that's right. 128 devices, what's the protocol? How does it work? Well, it's our own protocol. So it works similarly like Z-Wave or Zigbee. The power consumption is pretty low. That's actually something that we're focusing on. Because we work with Wi-Fi a lot. But for certain devices like smoke detector and gas detector, those things need battery. So the obstacle like all IoT people are facing is to reduce the power consumption. So with this MacBee protocol, and then we managed to solve that problem because the power consumption is pretty low. With the gas detector, it'll last more than a year. Sometimes it'll reach two years if it doesn't work very frequently. How much better is it to power consumption compared to Wi-Fi? Wi-Fi consumes a lot of power as you guys probably already know. For a gas detector and then smoke detector, those devices, it will not work with Wi-Fi. Because the battery cannot support the power consumption that long. So I guess you're busy also working on a lot of new things that are coming out? Yeah, actually for this module, because some of you guys probably know, Wi-Fi module will cost around 10 US dollars, sometimes even more expensive. But with MacBee module, it will only cost 3 US dollars. 3 US dollars? 3 US dollars. Even cheaper later on. With this technology, we can definitely help a lot of traditional manufacturers to reduce their product price. And then this will allow more and more people, like regular people to enjoy IoT or smart life. This is basically something that we really are exciting about. What are people saying about MacBee, the people who are here about it? We just actually released these products the day before yesterday. We have the press conference just released these products in Shenzhen. A lot of people still haven't heard about it. But this USB gateway is already in mass production. We'll put this online next week. So basically you can buy them online with one gateway and one door sensor for 99 RMB. And it will be cheap for all the manufacturers to get onto MacBee protocol? Exactly. Yeah, it will definitely reduce, it will cut the pricing to a half, you know? Compare them with Wi-Fi modules.