1H23 Results Presentation Safe Harbor Statement ...

Viomi Technology Co., Ltd (NASDAQ:VIOT) Q2 2023 Earnings Conference Call August 24, 2023 8:00 AM ET Company Participants Claire Ji - Investor Relations Director Xiaoping Chen - Founder, Chairman and CEO Jinling Zhang - Head, Capital Markets Department Conference Call Participants Jingsheng Liu - CICC Operator Hello, ladies and gentlemen. Thank you for standing by for Viomi Technology Company Limited Earnings Conference Call for the First Half of 2023. At this time, all participants are in listen-only mode. ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITI ...

[FORM 6-K Filing Details](index=1&type=section&id=FORM_6K_FILING_DETAILS) This section details the identification and filing specifics of the Form 6-K report by VIOMI TECHNOLOGY CO., LTD [Report Identification](index=1&type=section&id=REPORT_IDENTIFICATION) The document is a Form 6-K report filed by VIOMI TECHNOLOGY CO., LTD for April 2023, indicating its status as a foreign private issuer filing annual reports under Form 20-F - The document is a Form 6-K report filed by **VIOMI TECHNOLOGY CO., LTD**[1](index=1&type=chunk)[2](index=2&type=chunk) - The filing is for the month of April 2023, under Commission File Number: **001-38649**[1](index=1&type=chunk) - The registrant files annual reports under **Form 20-F**[2](index=2&type=chunk) [Holding Foreign Companies Accountable Act (HFCAA) Compliance](index=2&type=section&id=Holding%20Foreign%20Companies%20Accountable%20Act%20(HFCAA)%20Compliance) This section details the company's identification as an HFCAA issuer and its analysis of governmental ownership and control [Identification as Commission-Identified Issuer](index=2&type=section&id=Identification%20as%20Commission-Identified%20Issuer) Viomi Technology Co., Ltd was identified as an HFCAA Commission-Identified Issuer due to its 2021 audit by a mainland China-based firm - The Company was identified as a Commission-Identified Issuer by the SEC on **May 26, 2022**, pursuant to the HFCAA[4](index=4&type=chunk) - The identification was due to the audit report for the year ended **December 31, 2021**, being issued by **PricewaterhouseCoopers Zhong Tian LLP**[4](index=4&type=chunk) - PricewaterhouseCoopers Zhong Tian LLP is headquartered in mainland China, a jurisdiction where the PCAOB was unable to inspect or investigate completely until **December 2022**[4](index=4&type=chunk) [Analysis of Ownership and Control](index=2&type=section&id=Analysis%20of%20Ownership%20and%20Control) The company examined its ownership structure, concluding it is not government-controlled, with Mr. Xiaoping Chen holding majority voting power - Mr. Xiaoping Chen controls **60.8%** of the Company's aggregate voting power as of **February 28, 2023**[5](index=5&type=chunk) - The Company believes it is not owned or controlled by a governmental entity in mainland China[5](index=5&type=chunk) [Major Shareholder Breakdown](index=2&type=section&id=Major%20Shareholder%20Breakdown) An analysis identified three major shareholders, none of which are governmental entities, owning over 5% of outstanding shares - No shareholder other than Viomi Limited, Shunwei Talent Limited, and Red Better Limited owns more than **5%** of the Company's outstanding shares[5](index=5&type=chunk) [Viomi Limited](index=2&type=section&id=Viomi%20Limited) Viomi Limited, wholly owned by a trust for Mr. Xiaoping Chen and his family, is a major shareholder - Viomi Limited is a British Virgin Islands company wholly owned by a trust for the benefit of **Mr. Xiaoping Chen** and his family[5](index=5&type=chunk) Shareholding and Voting Power | Metric | Percentage | | :------------- | :--------- | | Total Shares | 34.0% | | Voting Power | 59.9% | [Shunwei Talent Limited](index=2&type=section&id=Shunwei%20Talent%20Limited) Shunwei Talent Limited, controlled by Mr. Koh Tuck Lye, is a British Virgin Islands company and a significant shareholder - Shunwei Talent Limited is a British Virgin Islands company wholly owned by **Shunwei China Internet Fund II, L.P.**, controlled by **Mr. Koh Tuck Lye**, a Singapore citizen[6](index=6&type=chunk) Shareholding and Voting Power | Metric | Percentage | | :------------- | :--------- | | Total Shares | 15.5% | | Voting Power | 2.8% | [Red Better Limited (Xiaomi Corporation)](index=2&type=section&id=Red%20Better%20Limited%20(Xiaomi%20Corporation)) Red Better Limited, wholly owned by Xiaomi Corporation, is a major shareholder not controlled by a mainland China governmental entity - Red Better Limited is wholly owned by **Fast Pace Limited**, which is wholly owned by **Xiaomi Corporation**, a Cayman Islands company[7](index=7&type=chunk) - Xiaomi Corporation is not owned or controlled by a governmental entity in mainland China[7](index=7&type=chunk) Shareholding and Voting Power | Metric | Percentage | | :------------- | :--------- | | Total Shares | 16.5% | | Voting Power | 29.9% | [Conclusion on Governmental Control](index=3&type=section&id=Conclusion%20on%20Governmental%20Control) The Company asserts no awareness of any mainland China governmental entity possessing direct or indirect control over its management and policies - The Company is not aware of any governmental entity in mainland China that has the power, direct or indirect, to direct or cause the direction of the management and policies of the Company[8](index=8&type=chunk) [Signatures](index=4&type=section&id=Signatures) This section provides details regarding the official signing and filing date of the report [Authorization and Filing Date](index=4&type=section&id=Authorization%20and%20Filing%20Date) This section confirms the official signing of the report by the authorized representative of VIOMI TECHNOLOGY CO., LTD - The report was signed by **Xiaoping Chen**, Chairman of the Board of Directors and Chief Executive Officer[9](index=9&type=chunk) - The report was signed on **April 25, 2023**[9](index=9&type=chunk)

Viomi Technology Co., Ltd (NASDAQ:VIOT) Q4 2022 Results Earnings Conference Call March 27, 2023 8:00 AM ET Company Participants Claire Ji - Investor Relations Xiaoping Chen - Founder, Chairman and Chief Executive Officer Conference Call Participants Marcus Liang - Morgan Stanley Operator Hello, ladies and gentlemen, thank you for standing by for Viomi Technology Co., Ltd.'s Earnings Conference Call for the Fourth Quarter and Full-Year 2022. At this time, all participants are in listen-only mode. Today's con ...

Q4&FY 2022 Results Presentation Safe Harbor Statement ...

Viomi Technology Co., Ltd (NASDAQ:VIOT) Q3 2022 Earnings Conference Call November 23, 2022 7:30 AM ET Company Participants Claire Ji - IR Xiaoping Chen - Founder, Chairman and CEO Wickham Thai - Head, Financial Conference Call Participants Mark Zhang - Morgan Stanley Operator Hello, ladies and gentlemen. Thank you for standing by for the Viomi Technology Company Limited Earnings Conference Call for the Third Quarter of 2022. At this time, all participants are in listen-only mode. Today's conference call is ...

Financial Data and Key Metrics Changes - Total net revenues for Q2 2022 reached RMB 924 million, a decline from RMB 1,658.9 million in Q2 2021, primarily due to the cessation of Xiaomi-branded sweeper robot sales and a weak consumption environment [6][20] - Gross profit was RMB 204.5 million, down from RMB 351.8 million in Q2 2021, while gross margin increased to 22.1% from 21.2% due to a shift towards higher margin products [22] - Net loss attributable to ordinary shareholders was RMB 39.6 million compared to a net income of RMB 46.1 million in Q2 2021 [23] Business Line Data and Key Metrics Changes - Revenues from IoT and home portfolio decreased by 54.2% to RMB 524.5 million from RMB 1,146.3 million in Q2 2021, mainly due to the cutoff of Xiaomi-branded sweeper robots [21] - Revenues from home water solutions decreased by 17.4% to RMB 180.9 million, while revenues from consumables decreased slightly by 1.9% to RMB 100.3 million [21] - Revenues from small appliances and others decreased by 38.1% to RMB 118.5 million, attributed to product portfolio adjustments and decreased demand [21] Market Data and Key Metrics Changes - The overseas market faced challenges due to a weak European market and increased prices of crude oil and raw materials, impacting overall consumer sentiment [16][30] - The company observed a relatively dynamic market in Southeast Asia, indicating potential growth opportunities in that region [30] Company Strategy and Development Direction - The company is focusing on high-end product transformation and brand promotion, with increased advertising spending to support new product launches [7][8] - A strategy to streamline SKUs and optimize the product mix is being implemented, alongside cost control measures [9][19] - The company aims to enhance its one-stop IoT home solution offerings and deepen strategic cooperation with various channels [17][18] Management Comments on Operating Environment and Future Outlook - Management acknowledged the impact of COVID-19 and a weak macro environment on sales, but expressed optimism about the long-term growth potential driven by new high-end products [6][28] - The company expects gross margins to remain stable at over 20% for the year, supported by premium product sales [29] - Future revenue from overseas markets is anticipated to increase, with a target of over 20% contribution from international sales [33] Other Important Information - As of June 30, 2022, the company maintained a healthy balance sheet with cash and cash equivalents of RMB 816.3 million [24] - The company has accumulated over 5,400 global patent applications and 3,300 registered patents, reflecting its commitment to innovation [14] Q&A Session Summary Question: Expectations for sales and margin in the second half of the year - Management did not provide specific guidance but indicated that new high-end products and additional product categories for export could drive revenue growth [28] Question: Overseas market expansion and sales trends - Management noted that overseas consumer demand remains weak, particularly in Europe, but sees potential in the Southeast Asian market [30] Question: Performance of the robotic vacuum segment - Sales of branded sweeper robots were weak due to international market challenges, but efforts are being made to mitigate this impact [30][31] Question: Contribution from Xiaomi and future cooperation - Revenue contribution from Xiaomi-branded products has stabilized around 40%, with expectations for continued cooperation in various categories [36] Question: Impact from the real estate industry - The company is not directly impacted by the real estate sector but acknowledges indirect effects on overall demand for home appliances [39]

Viomi Technology Co., Ltd (NASDAQ:VIOT) Q1 2022 Results Conference Call May 27, 2022 8:00 AM ET Company Participants Cecilia Li - Director, IR Xiaoping Chen - Founder, CEO Wickham Thai - Head, Finance Conference Call Participants Hildy Ling - Morgan Stanley Rudi Wei - CICC Lu Xuanzi - Guojin Securities Operator Hello, ladies and gentlemen. Thank you for standing by for Viomi Technology Company Limited Earnings Conference Call for the First Quarter of 2022. [Operator Instructions]. Today's conference call is ...