Core Viewpoint - Viomi Technology Co., Ltd reported strong financial performance for the first half of 2025, with significant revenue growth driven by its focus on home water solutions and strategic reorganization [4][5]. Financial Highlights - Total net revenues reached RMB1.48 billion (US$206.3 million), representing a year-over-year increase of 76.6% from RMB836.6 million in the same period of 2024 [5][7]. - Net income attributable to ordinary shareholders was RMB120.4 million (US$16.8 million), an increase of 64.7% from RMB73.1 million for the same period of 2024 [5][14]. - Gross profit was RMB391.2 million (US$54.6 million), with a gross margin of 26.5%, down from 31.0% in the same period of 2024, attributed to a change in product mix [8]. Business Segments - Revenues from home water systems increased by 84.8% year over year to RMB1,058.3 million (US$147.8 million), driven by rising demand for these products [11]. - Revenues from consumables decreased by 12.6% to RMB123.2 million (US$17.2 million), primarily due to longer filter lifespans reducing replacement frequency [11]. - Revenues from kitchen appliances and others surged by 140.9% to RMB296.1 million (US$41.3 million), mainly due to increased sales to Xiaomi [11]. Strategic Initiatives - The company launched innovative products such as the MASTER M1 smart under-sink water purifier and the Kunlun 4 Pro AI alkaline mineral water purifier, enhancing its product portfolio [4][6]. - Viomi is focusing on global market expansion, product innovation, and brand enhancement to drive growth in the home water solutions sector [4][6]. - The company has filed nearly 1,850 patents worldwide, establishing technological barriers in areas like AI water quality algorithms and energy-efficient purification [6]. Operational Efficiency - Total operating expenses increased by 38.4% to RMB281.4 million (US$39.3 million), driven by higher marketing and employee compensation costs [9]. - Research and development expenses rose by 18.8% to RMB89.3 million (US$12.5 million), reflecting the company's commitment to innovation [9]. Balance Sheet Overview - As of June 30, 2025, the company had cash and cash equivalents of RMB709.2 million (US$99.0 million) and total assets of RMB2.94 billion (US$410.6 million) [16][27].

Company Overview - Viomi Technology Co., Ltd is a leading technology company specializing in home water solutions in China [1][3] - The company's mission is "AI for Better Water," focusing on utilizing AI technology to enhance drinking water solutions for households globally [2] Compliance and Regulatory Update - On October 1, 2025, Viomi received notification from Nasdaq confirming that it has regained compliance with the periodic filing requirement under Listing Rule 5250(c)(1) [1] Business Model and Innovations - Viomi operates a distinctive "Equipment + Consumables" business model, leveraging AI technology to simplify filter replacement and enhance water quality monitoring [3] - The company has developed a world-leading "Water Purifier Gigafactory," which integrates an industrial chain for optimal efficiency and continuous breakthroughs in water purification [3] - Technological innovations by the company extend filter lifespan and lower user costs, promoting the adoption of water purifiers and supporting a healthy lifestyle [3]

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].

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].

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].