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Viomi Technology Co., Ltd Announces Declaration of a Special Dividend
Globenewswireยท 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].