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Viomi Technology Co., Ltd Granted Exception by Nasdaq Staff Regarding Form 20-F Filing
ViomiViomi(US:VIOT) Globenewswireยท2025-07-30 09:30

Core Viewpoint - Viomi Technology Co., Ltd has been granted an exception by Nasdaq regarding the filing of its Form 20-F for the year ended December 31, 2024, allowing the company to regain compliance with Nasdaq's listing requirements [1][2]. Company Overview - Viomi is a leading technology company in home water solutions in China, focusing on providing better drinking water solutions through AI technology [5]. - The company operates a "Equipment + Consumables" business model, enhancing filter replacement rates and water quality monitoring through technological innovations [6]. Compliance and Regulatory Update - Nasdaq notified Viomi of its non-compliance with filing requirements on May 21, 2025, due to the failure to file Form 20-F [2]. - The exception granted by Nasdaq requires Viomi to file its Form 20-F by November 11, 2025, to avoid potential delisting [3][4]. Technological Innovations - Viomi's innovations extend filter lifespan and lower user costs, promoting the adoption of water purifiers and supporting a healthy lifestyle [6]. - The company operates a "Water Purifier Gigafactory," which enhances efficiency and facilitates breakthroughs in water purification [6].