Group 1 - Viomi Technology Co., Ltd has received a Delinquency Letter from NASDAQ for not timely filing its annual report for the fiscal year ended December 31, 2024 [1][2] - The Company has 60 calendar days to submit a Compliance Plan to regain compliance with NASDAQ Listing Rules, with a potential extension until November 11, 2025 if accepted [2] - The Delinquency Letter does not have an immediate impact on the listing of the Company's ordinary shares on the Nasdaq Capital Market [3] Group 2 - Viomi is a leading technology company in home water solutions, focusing on AI technology to improve drinking water quality [4][5] - The Company operates a unique "Equipment + Consumables" business model, enhancing filter replacement rates and promoting the adoption of water purifiers [5] - Viomi's "Water Purifier Gigafactory" supports an integrated industrial chain, achieving economies of scale and facilitating advancements in water purification technology [5]

Guangzhou, China, May 19, 2025 (GLOBE NEWSWIRE) -- Viomi Technology (NASDAQ: VIOT) officially launched its latest innovation, the Kunlun 4 Pro Mineral Alkaline Water Purifier, at a press conference held today. Leveraging AI technology to replicate the natural formation of mineral water, the Kunlun 4 Pro aims to advance household drinking water from the “pure water era” into the “Pure mineral water era”, directly addressing consumers’ increasing demand for healthier hydration. Notably, following its 2024 co ...

GUANGZHOU, China, May 19, 2025 (GLOBE NEWSWIRE) -- Viomi Technology Co., Ltd (“Viomi” or the “Company”) (NASDAQ: VIOT), a leading technology company for home water solutions in China, today announced the official launch of its groundbreaking Kunlun 4 Pro Alkaline Mineral Water Purifier. Unveiled at a special product event held on May 16th, this next-generation water purifier harnesses AI technology to replicate the natural mineral water formation process, aiming to elevate household drinking water from the ...

Summary of Viomi Technology Company Limited Conference Call Company Overview - Viomi Technology Company Limited focuses on home water solutions and has undergone a strategic reorganization to sharpen its core business [5][6] - The company trades on Nasdaq under the ticker VIOT [2] Financial Highlights - For 2024, net revenues reached RMB2.1 billion, with a net income of RMB62.3 million, reversing losses from the previous two years [5][20] - Diluted EPS from continuing business increased by 25% to RMB0.7 [5] - Revenue for the second half of 2024 was RMB1,282.4 million, a 42.8% increase from RMB897.9 million in the same period of 2023, driven by the expansion of the home water system business [20][22] Strategic Initiatives - Viomi is leveraging AI technology to enhance its water purification solutions, aiming to meet diverse customer needs [6][18] - The company has filed nearly 1,800 global patent applications, including over 600 inventions, positioning itself as an industry innovator [6] - Viomi plans to focus on four key strategic initiatives: 1. Fortifying the water purification product portfolio and deepening domestic market presence 2. Upgrading automation and smart manufacturing infrastructure 3. Investing in AI technology for product innovation 4. Driving international expansion, particularly in North America and Southeast Asia [18][19] Market Dynamics - The global home water purification market is experiencing high growth, with the U.S. market valued at USD 6.8 billion and China having significant potential due to lower market penetration (20%) [17][18] - Growing public concern about drinking water quality and health awareness is driving demand for innovative water solutions [18][26] Product Innovations - Viomi's product lineup includes AI-powered smart solutions such as the OnSync and Whole Home systems, which cater to various household water needs [8][9] - The latest Qunlin AI purifier series features novel mineralization filter technology, providing mineral-rich water similar to natural mineral water [10][11] - The company has introduced tankless large flux water purifiers with a flow rate of up to 2,000 gallons (5.7 liters per minute) [12] Distribution and Sales Channels - Viomi has established a comprehensive omni-channel distribution network, selling products through major online platforms in China and expanding into the U.S. market via Amazon [15][16] - The company has received positive feedback for its products launched on Amazon, following a successful crowdfunding campaign [27] Customer Behavior and Market Outlook - Post-COVID, customer behavior has shifted towards greater health consciousness, increasing demand for water solutions [25][26] - The company anticipates stable growth in the Chinese market, with expectations of single-digit growth for the water purification industry in 2025 [29] Conclusion - Viomi Technology Company Limited is well-positioned for future growth, supported by strong financial performance, innovative product offerings, and strategic initiatives aimed at expanding its market presence both domestically and internationally [34][35]

Company Overview - Viomi Technology Co., Ltd is focused on home water solutions and is based in Guangzhou, China [1] - The company's mission is "AI for Better Water," utilizing AI technology to enhance drinking water solutions for households globally [4] Recent Performance - Viomi achieved a significant turnaround in 2024, with net revenue increasing by 29.3% year over year [3] - The company reported a net income of RMB62.3 million in 2024, compared to a net loss of RMB89.3 million in 2023 [3] - Viomi is positioned for high-quality growth and is ready to capitalize on new market opportunities [3] Business Model and Innovations - Viomi operates a distinctive "Equipment + Consumables" business model, leveraging AI technology and intelligent hardware to improve water quality monitoring and filter replacement [5] - The company has developed a world-leading "Water Purifier Gigafactory," which enhances operational efficiency and supports continuous innovation in water purification [5] - Technological advancements by Viomi extend filter lifespan and reduce user costs, promoting the adoption of water purifiers [5] Upcoming Events - Viomi will present at the dbVIC - Deutsche Bank American Depositary Receipt (ADR) Virtual Investor Conference on May 15, 2025 [1] - The event will be interactive, allowing investors to ask questions in real-time, with an archived webcast available post-event [2]

Analyst's Disclosure: I/we have a beneficial long position in the shares of VIOT either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Viomi Technology (NASDAQ: VIOT ), a provider of better drinking water solutions, released its final report for FY2024 on March 25, which was a ...

Viomi Technology (VIOT) Q4 2024 Earnings Call March 25, 2025 06:49 PM ET Company Participants Claire Ji - IR DirectorSam Yang - Head - Capital & Investment DepartmentLiu Jingsheng - Managing Director Conference Call Participants Brian Lantier - Senior Research Analyst Operator Hello, ladies and gentlemen. Thank you for standing by for Viomi Technology Company Limited Earnings Conference Call for the Second Half and Full Year of twenty twenty four. At this time, all participants are in listen only mode. Toda ...

Core Viewpoint - Viomi Technology Co., Ltd has successfully completed a strategic reorganization, focusing on its core home water solutions, resulting in significant revenue growth and operational efficiency improvements in 2024 [4][5][19]. Financial Highlights - For the second half of 2024, net revenues reached RMB1,282.4 million (US$175.7 million), a 42.8% increase from RMB897.9 million in the same period of 2023 [5][7]. - Full-year net revenues for 2024 were RMB2,119.0 million (US$290.3 million), representing a 29.3% increase from RMB1,638.7 million in 2023 [19][24]. - The company reported a net income of RMB62.3 million (US$8.5 million) for the full year, compared to a net loss of RMB89.3 million in 2023 [5][24]. Revenue Streams - Revenues from home water systems increased by 39.0% year over year, totaling RMB1,498.4 million (US$205.3 million) for the full year [22]. - Consumables revenue decreased by 14.5% to RMB277.7 million (US$38.0 million) due to reduced sales of water purifier filters [22]. - Kitchen appliances and others saw a revenue increase of 45.2%, reaching RMB342.9 million (US$47.0 million) [22]. Operational Efficiency - The company achieved a gross profit of RMB548.7 million (US$75.2 million) for the full year, with a gross margin of 25.9%, down from 31.9% in 2023 [20][24]. - Total operating expenses for 2024 were RMB424.9 million (US$58.2 million), a slight increase of 1.0% from RMB420.8 million in 2023 [21]. Strategic Initiatives - Viomi is focusing on four key strategic initiatives for 2025: enhancing domestic market presence, expanding internationally, fortifying the product portfolio, and deepening collaborations with strategic partners [6][29]. - The company aims to leverage AI technology for continuous product innovation in the home water purification market, which is expected to grow due to increasing public awareness of healthy drinking water [4][6]. Market Position - Viomi leads the healthy mineral water trend in the domestic market, with successful product launches such as the Viomi Kunlun Mineral AI Water Purifier [4]. - In North America, the Vortex series of under-the-sink RO water purifiers has received positive feedback, with over 80% of users reporting a smooth installation process [4]. Manufacturing and Innovation - The company's "Water Purifier Gigafactory" supports its manufacturing and technology development capabilities, featuring a fully integrated industrial chain and automated production lines [6][29]. - Viomi has filed nearly 1,800 global patent applications, significantly outpacing industry averages, indicating a strong commitment to innovation [6].

Core Viewpoint - Viomi Technology Co., Ltd is set to report its unaudited financial results for the second half and full year ended December 31, 2024, on March 25, 2025, before U.S. market opening [1] Financial Reporting - The earnings conference call will take place at 8:00 A.M. U.S. Eastern Time on March 25, 2025, with registration required for participants [2] - A live and archived webcast of the conference call will be available on the Company's investor relations website for 12 months following the live session [3] Company Overview - Viomi's mission is "AI for Better Water," focusing on utilizing AI technology to enhance drinking water solutions globally [4] - The Company operates under a unique "Equipment + Consumables" business model, leveraging AI technology and intelligent hardware to improve filter replacement and water quality monitoring [5] - Viomi has established a "Water Purifier Gigafactory," which integrates the industrial chain for optimal efficiency and supports technological innovations in water purification [5]

Core Insights - VIOMI showcases innovative water purification technologies at CES 2025, aiming to enhance home hydration with a vision of "AI For Better Water" [1][9] Product Highlights - The Kunlun Water Purifier and Vortex 8 are featured as groundbreaking water filtration systems, focusing on sustainability and user convenience [2] - Vortex 8 is designed for exceptional performance and user-friendliness, now available for purchase on Amazon [3] - The Kunlun Water Purifier enriches purified water with six essential minerals, promoting health benefits [5][8] Vortex 8 Features - Vortex 8 utilizes RO filtration with 0.0001 micron precision to eliminate harmful contaminants, ensuring safe drinking water [6] - It boasts a 3:1 wastewater ratio, enhancing efficiency while maintaining high filtration performance [6] - The filter has a lifespan of four years, reducing replacement frequency and offering cost savings [6] - Its tankless design conserves space and simplifies installation [6] Kunlun Features - Kunlun delivers six vital minerals essential for hydration and well-being [10] - It features a high-volume flow rate of 1200G, ensuring quick delivery of water while preserving nutrients [10] - The 7-layer filtration system filters contaminants while retaining essential minerals [10] - An integrated smart faucet allows real-time monitoring of water quality [10] Company Overview - VIOMI is a NASDAQ-listed company with over a decade of experience in smart home solutions, focusing on advanced water purification technologies [9][11] - The company operates a 100,000-square-meter factory with automated production lines, holding over 4,000 patents and aiming to improve global access to clean drinking water [11]