GUANGZHOU, China, Oct. 24, 2025 (GLOBE NEWSWIRE) -- Viomi Technology Co., Ltd (“Viomi” or the “Company”) (NASDAQ: VIOT), a leading technology company for home water solutions in China, today announced that it will report its unaudited financial results for the six months ended June 30, 2025 on November 10, 2025, before the open of the U.S. markets. In addition, as a part of its continuous commitment to enhancing shareholder value, the Company’s board of directors has approved a new share repurchase plan und ...

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 has filed its annual report for the year ended December 31, 2024, with the SEC, highlighting its position as a leading technology company in home water solutions in China [1]. Company Overview - Viomi's mission is "AI for Better Water," focusing on utilizing AI technology to enhance drinking water solutions for households globally [3]. - The company operates under a unique "Equipment + Consumables" business model, leveraging AI technology and intelligent hardware to improve filter replacement processes and water quality monitoring [4]. - Viomi has established a "Water Purifier Gigafactory," which integrates an efficient industrial chain, enabling economies of scale and promoting the global adoption of residential water filtration systems [4]. Investor Relations - The annual report is accessible on the company's investor relations website and the SEC's website, with hard copies available upon request for shareholders and ADS holders [2].

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].

Group 1 - Viomi Technology Co., Ltd has received a Delinquency Letter from NASDAQ for not timely filing its annual report for the fiscal year ended December 31, 2024 [1][2] - The Company has 60 calendar days to submit a Compliance Plan to regain compliance with NASDAQ Listing Rules, with a potential extension until November 11, 2025 if accepted [2] - The Delinquency Letter does not have an immediate impact on the listing of the Company's ordinary shares on the Nasdaq Capital Market [3] Group 2 - Viomi is a leading technology company in home water solutions, focusing on AI technology to improve drinking water quality [4][5] - The Company operates a unique "Equipment + Consumables" business model, enhancing filter replacement rates and promoting the adoption of water purifiers [5] - Viomi's "Water Purifier Gigafactory" supports an integrated industrial chain, achieving economies of scale and facilitating advancements in water purification technology [5]

Company Overview - Viomi Technology Co., Ltd is focused on home water solutions and is based in Guangzhou, China [1] - The company's mission is "AI for Better Water," utilizing AI technology to enhance drinking water solutions for households globally [4] Recent Performance - Viomi achieved a significant turnaround in 2024, with net revenue increasing by 29.3% year over year [3] - The company reported a net income of RMB62.3 million in 2024, compared to a net loss of RMB89.3 million in 2023 [3] - Viomi is positioned for high-quality growth and is ready to capitalize on new market opportunities [3] Business Model and Innovations - Viomi operates a distinctive "Equipment + Consumables" business model, leveraging AI technology and intelligent hardware to improve water quality monitoring and filter replacement [5] - The company has developed a world-leading "Water Purifier Gigafactory," which enhances operational efficiency and supports continuous innovation in water purification [5] - Technological advancements by Viomi extend filter lifespan and reduce user costs, promoting the adoption of water purifiers [5] Upcoming Events - Viomi will present at the dbVIC - Deutsche Bank American Depositary Receipt (ADR) Virtual Investor Conference on May 15, 2025 [1] - The event will be interactive, allowing investors to ask questions in real-time, with an archived webcast available post-event [2]