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Kunlun 4 Pro Mineral Alkaline Water Purifier, a New driver to fuel Viomi's Growth
GlobeNewswire News Room· 2025-05-19 19:00
Guangzhou, China, May 19, 2025 (GLOBE NEWSWIRE) -- Viomi Technology (NASDAQ: VIOT) officially launched its latest innovation, the Kunlun 4 Pro Mineral Alkaline Water Purifier, at a press conference held today. Leveraging AI technology to replicate the natural formation of mineral water, the Kunlun 4 Pro aims to advance household drinking water from the “pure water era” into the “Pure mineral water era”, directly addressing consumers’ increasing demand for healthier hydration. Notably, following its 2024 co ...
Viomi Unveils Next-Generation Mineral Water Purifiers, Leading Household Drinking Water into the Era of Pure Mineral Water
Globenewswire· 2025-05-19 12:45
GUANGZHOU, China, May 19, 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 the official launch of its groundbreaking Kunlun 4 Pro Alkaline Mineral Water Purifier. Unveiled at a special product event held on May 16th, this next-generation water purifier harnesses AI technology to replicate the natural mineral water formation process, aiming to elevate household drinking water from the ...
Viomi Technology (VIOT) Conference Transcript
2025-05-15 13:30
Summary of Viomi Technology Company Limited Conference Call Company Overview - Viomi Technology Company Limited focuses on home water solutions and has undergone a strategic reorganization to sharpen its core business [5][6] - The company trades on Nasdaq under the ticker VIOT [2] Financial Highlights - For 2024, net revenues reached RMB2.1 billion, with a net income of RMB62.3 million, reversing losses from the previous two years [5][20] - Diluted EPS from continuing business increased by 25% to RMB0.7 [5] - Revenue for the second half of 2024 was RMB1,282.4 million, a 42.8% increase from RMB897.9 million in the same period of 2023, driven by the expansion of the home water system business [20][22] Strategic Initiatives - Viomi is leveraging AI technology to enhance its water purification solutions, aiming to meet diverse customer needs [6][18] - The company has filed nearly 1,800 global patent applications, including over 600 inventions, positioning itself as an industry innovator [6] - Viomi plans to focus on four key strategic initiatives: 1. Fortifying the water purification product portfolio and deepening domestic market presence 2. Upgrading automation and smart manufacturing infrastructure 3. Investing in AI technology for product innovation 4. Driving international expansion, particularly in North America and Southeast Asia [18][19] Market Dynamics - The global home water purification market is experiencing high growth, with the U.S. market valued at USD 6.8 billion and China having significant potential due to lower market penetration (20%) [17][18] - Growing public concern about drinking water quality and health awareness is driving demand for innovative water solutions [18][26] Product Innovations - Viomi's product lineup includes AI-powered smart solutions such as the OnSync and Whole Home systems, which cater to various household water needs [8][9] - The latest Qunlin AI purifier series features novel mineralization filter technology, providing mineral-rich water similar to natural mineral water [10][11] - The company has introduced tankless large flux water purifiers with a flow rate of up to 2,000 gallons (5.7 liters per minute) [12] Distribution and Sales Channels - Viomi has established a comprehensive omni-channel distribution network, selling products through major online platforms in China and expanding into the U.S. market via Amazon [15][16] - The company has received positive feedback for its products launched on Amazon, following a successful crowdfunding campaign [27] Customer Behavior and Market Outlook - Post-COVID, customer behavior has shifted towards greater health consciousness, increasing demand for water solutions [25][26] - The company anticipates stable growth in the Chinese market, with expectations of single-digit growth for the water purification industry in 2025 [29] Conclusion - Viomi Technology Company Limited is well-positioned for future growth, supported by strong financial performance, innovative product offerings, and strategic initiatives aimed at expanding its market presence both domestically and internationally [34][35]
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]
JS GLOBAL LIFE(01691) - 2024 H2 - Earnings Call Transcript
2025-03-28 09:00
JS Global Lifestyle Company (01691) H2 2024 Earnings Call March 28, 2025 04:00 AM ET Moderator Am JS Global Life Investor Relations and Corporate Communication. Welcome to the CJS Global Life twenty twenty four Annual Performance Conference. So before we officially begin, please allow me to introduce the management team who are here today. They are madam Mr. Liang Liu, COO and SVP, Finance Mr. Kenny Kang, COO of Joy Mr. Max Miao, Board Secretary of Joy Young. And without further ado, please allow me to intr ...