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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 Regains Compliance with NASDAQ Requirement
Globenewswire· 2025-10-02 09:45
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]
Viomi Technology Co., Ltd Filed 2024 Annual Report on Form 20-F
Globenewswire· 2025-09-30 11:40
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].
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 Receives NASDAQ Notice Related to Late Filing of Form 20-F
Globenewswire· 2025-05-23 20:30
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]
Viomi Technology Co., Ltd to Present at the dbVIC - Deutsche Bank ADR Virtual Investor Conference May 15th
GlobeNewswire News Room· 2025-05-12 16:12
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]