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Viomi Technology Co., Ltd to Present at the dbVIC - Deutsche Bank ADR Virtual Investor Conference on November 4, 2025
Globenewswire· 2025-10-30 12:35
Core Insights - Viomi Technology Co., Ltd will present at the dbVIC - Deutsche Bank ADR Virtual Investor Conference on November 4, 2025, showcasing its focus on home water solutions [1][2] - The company reported over 70% year-over-year revenue growth in the first half of 2025, attributed to its strategic emphasis on the water purification business [3] - Viomi operates a "Water Purifier Gigafactory," enhancing efficiency and supporting the global demand for cleaner drinking water [5] Company Highlights - Viomi's mission is "AI for Better Water," aiming to utilize AI technology for improved drinking water solutions globally [4] - The company has developed a unique "Equipment + Consumables" business model, which simplifies filter replacement and enhances water quality monitoring [5] - Recent product launches in domestic and international markets align with Viomi's "Global Water" vision [3] Event Details - The virtual conference will allow real-time interaction between investors and company representatives, with an archived webcast available for those unable to attend live [2] - Participation in the event is free, and pre-registration is recommended for a smoother experience [2][3]
Viomi Technology Co., Ltd Announces Release of First Half 2025 Financial Results on November 10, 2025 and US$20 Million Share Repurchase Plan
Globenewswire· 2025-10-24 09:00
Core Viewpoint - Viomi Technology Co., Ltd is set to report its unaudited financial results for the first half of 2025 on November 10, 2025, and has announced a new share repurchase plan to enhance shareholder value [1][2][3]. Company Overview - Viomi is a leading technology company in China focused on home water solutions, utilizing AI technology to improve drinking water quality [5][6]. - The company operates a "Equipment + Consumables" business model, enhancing filter replacement rates and promoting the adoption of water purifiers [6]. Financial Actions - The board of directors has approved a share repurchase plan allowing the company to buy back up to US$20 million worth of its American depositary shares, with the program ending on December 31, 2027 [2][3]. - The repurchases will be conducted based on market conditions and funded from the company's existing cash balance [3]. Management Commentary - The CEO, Mr. Xiaoping Chen, expressed confidence in the company's business outlook and commitment to maximizing long-term shareholder value through the new share repurchase program [3]. Technological Innovations - Viomi's technological advancements focus on simplifying filter replacement and enhancing water quality monitoring, which supports a healthy lifestyle and addresses the global demand for cleaner drinking water [6]. - The company operates a "Water Purifier Gigafactory," which enhances efficiency and supports breakthroughs in water purification technology [6].
Viomi Technology Co., Ltd Appoints Malaysian Pop Star Shila Amzah as Brand Ambassador and Announces New AI Water Purifier Launch in Malaysia
Globenewswire· 2025-10-20 13:00
Core Insights - Viomi Technology Co., Ltd has appointed Malaysian singer Shila Amzah as its brand ambassador in Malaysia, coinciding with the launch of its new AI water purifier, INNO, on October 30 [1][3] - The INNO water purifier features proprietary mineralization technology and is already available for pre-sale in Malaysia, reflecting Viomi's commitment to promoting a healthy lifestyle [3][4] - This partnership with Shila Amzah is part of Viomi's strategy to expand into the Southeast Asian market, aligning with its mission of "AI for Better Water" [4][5] Company Overview - Viomi is a leading technology company specializing in home water solutions, utilizing AI technology to enhance drinking water quality for households globally [5][6] - The company operates a unique "Equipment + Consumables" business model, which simplifies filter replacement and improves water quality monitoring, thus increasing filter replacement rates [6] - Viomi's "Water Purifier Gigafactory" supports its operational efficiency and technological innovations, enabling economies of scale and promoting the adoption of water purifiers [6]
Viomi Celebrates 7th Nasdaq Anniversary with New Brand Campaign and U.S. Launch of AI Alkaline Mineral Water Purifier, MASTER M1
Globenewswire· 2025-09-29 21:00
Core Insights - Viomi Technology Co., Ltd. celebrates the 7th anniversary of its Nasdaq listing with two strategic initiatives: a brand elevation campaign and the U.S. launch of its AI alkaline mineral water purifier, MASTER M1 [1][10] Brand Strategy - Viomi has appointed renowned Chinese actress Shengyi Huang as its national brand spokesperson to promote healthier hydration habits and connect with younger consumers [2] - Olympic diving champion Liang Tian joins as a brand partner, highlighting Viomi's commitment to technology and quality during a tour of its advanced Water Purifier Gigafactory [4] Product Launch - The MASTER M1 AI alkaline mineral water purifier is launched on Amazon U.S. for US$899, marking a significant step in Viomi's global strategy [7] - The MASTER M1 features include pure pH+ alkaline mineral water, precision 9-stage RO filtration, and an AI-powered smart faucet for real-time water quality monitoring [9] Technological Innovation - Viomi's business model integrates "Equipment + Consumables," enhancing filter replacement and water quality monitoring through AI technology [12] - The company operates a state-of-the-art Water Purifier Gigafactory, enabling economies of scale and continuous breakthroughs in water purification technology [12]
Viomi Technology Co., Ltd Announces Preliminary First Half 2025 Financial
Globenewswire· 2025-08-15 08:00
Core Viewpoint - Viomi Technology Co., Ltd expects to report a revenue exceeding RMB1.4 billion for the first half of 2025, reflecting a year-over-year increase of over 70% driven by rising sales of household water purification equipment and supportive national subsidy policies [2][3]. Financial Performance - The anticipated revenue growth is primarily attributed to increased consumer recognition of the company's technological strength and the effectiveness of government policies [2][3]. - The preliminary financial results are based on the most current information available and are subject to adjustments upon completion of the financial reporting processes [3]. Business Model and Strategy - Viomi operates a distinctive "Equipment + Consumables" business model, leveraging AI technology to enhance water quality monitoring and simplify filter replacement, which increases the filter replacement rate [6]. - The company aims to capitalize on the growing public health consciousness and the accelerating adoption of household water purification systems to ensure long-term sustainable growth [3]. Industry Position - Viomi is recognized as an industry leader in home water systems, operating a "Water Purifier Gigafactory" that integrates an efficient industrial chain, facilitating continuous breakthroughs in water purification technology [7]. - The company's innovations not only extend filter lifespan and lower user costs but also promote the adoption of water purifiers, addressing the rising global demand for cleaner drinking water [6][7].
Viomi Technology Co., Ltd Granted Exception by Nasdaq Staff Regarding Form 20-F Filing
Globenewswire· 2025-07-30 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].
Viomi Technology Co., Ltd Announces Declaration of a Special Dividend
Globenewswire· 2025-07-14 11:45
Core Viewpoint - Viomi Technology Co., Ltd has announced a special dividend of US$0.0293 per ordinary share, totaling approximately US$6 million, reflecting the company's commitment to long-term shareholder value and confidence in its strategic direction and future growth [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 [4][5]. - The company operates a "Equipment + Consumables" business model, enhancing filter replacement and water quality monitoring, which promotes the adoption of water purifiers [5][6]. Recent Developments - Following a strategic business reorganization in 2024, Viomi has sharpened its focus on home water solutions and launched the Kunlun 4 Pro Alkaline Mineral Water Purifier, aiming to shift household drinking water standards [2]. - The company has achieved a turnaround in operations, marking a key milestone in its development, supported by steady business growth [2]. Operational Efficiency - Viomi has enhanced operational efficiency in the domestic market while expanding its global footprint, resulting in meaningful business progress [2]. - The company operates a "Water Purifier Gigafactory," which enables economies of scale and accelerates the global popularization of residential water filtration [5][6].