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Focus on AI water – Viomi Introduces Employee Share Incentive Program
VIOTViomi(VIOT) GlobeNewswire News Room·2024-09-30 20:05

Core Insights - Viomi Technology Co., Ltd celebrated its 6th anniversary of listing on Nasdaq and granted approximately 9 million stock options to nearly 40 employees to enhance motivation and creativity [1] - The company aims to attract top global talents to develop advanced AI products and water purification solutions, with a vision of providing fresh and healthy drinking water worldwide [2] - Following a strategic reorganization, Viomi will focus on AI home water solution businesses, expecting full-year revenues for Continuing Businesses to be between RMB1.7 billion and RMB1.9 billion, with income from operations projected between RMB110 million and RMB130 million [2] Company Overview - Viomi's mission is "AI for Better Water," utilizing AI technology to enhance drinking water solutions for households globally [4] - The company operates a unique "Equipment + Consumables" business model, leveraging AI technology to improve filter replacement and water quality monitoring, thus promoting healthier lifestyles [5] - Viomi has developed a state-of-the-art "Water Purifier Gigafactory," which enhances operational efficiency and supports the global demand for cleaner drinking water [5]