VIOT

Viomi Technology
VIOT

$0.88

1.15%

Market Cap: 60M

About: Viomi Technology Co Ltd along with its subsidiaries provides Internet of Things (IoT) enabled smart home products through its platform. It has developed an IoT Home platform, consisting of an ecosystem of IoT Home portfolio, and home water solutions, together with a suite of complementary consumable products and small appliances and others. Its product offerings include Smart kitchen products like refrigerators, oven steamers, dishwashers, and gas stoves, Other smart products such as air conditioning systems, washing machines, water heaters, smart water kettles, interactive smart screens and other smart devices, and Home water solutions include self-branded and Xiaomi-branded smart water purifiers.

Employees: 750

0

Funds holding %

of 6,702 funds

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Analysts bullish %

–

News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

20% more capital invested

Capital invested by funds: $831K [Q4 2023] → $996K (+$165K) [Q1 2024]

0% more funds holding

Funds holding: 12 [Q4 2023] → 12 (+0) [Q1 2024]

0% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 4

0% more repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 1

0.04% less ownership

Funds ownership: 0.8% [Q4 2023] → 0.77% (-0.04%) [Q1 2024]

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Research analyst outlook

We haven’t received any recent analyst ratings for VIOT.

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Financial journalist opinion

Viomi Technology Announces Strategic Business Reorganization to Enhance Core Competitiveness and Efficiency

Viomi's reorganization is significant, on the one hand, divesting loss-making businesses to bring the company's operation into a benign state; on the other hand, focusing on the home water solution business to enhance its core competitiveness, so as to become a tech company that utilizes AI technology to provide better drinking water solutions for global home users. Viomi's reorganization is significant, on the one hand, divesting loss-making businesses to bring the company's operation into a benign state; on the other hand, focusing on the home water solution business to enhance its core competitiveness, so as to become a tech company that utilizes AI technology to provide better drinking water solutions for global home users.

Viomi Technology Announces Strategic Business Reorganization to Enhance Core Competitiveness and Efficiency

Viomi Technology Co., Ltd Enters Definitive Agreements to Divest Certain IoT@Home Businesses in an Effort to Strategically Focus on Home Water Solution Businesses

GUANGZHOU, China , July 19, 2024 /PRNewswire/ -- Viomi Technology Co., Ltd ("Viomi" or the "Company") (NASDAQ: VIOT) today announced that, to implement its "Focus" strategy for home water solution businesses, it has entered into definitive agreements with Mr. Xiaoping Chen, the Company's Founder, Chairman of the Board of Directors, and CEO, and an entity controlled by Mr.

Viomi Technology Co., Ltd Enters Definitive Agreements to Divest Certain IoT@Home Businesses in an Effort to Strategically Focus on Home Water Solution Businesses

Viomi Technology Co., Ltd Filed 2023 Annual Report on Form 20-F

GUANGZHOU, China , April 25, 2024 /PRNewswire/ -- Viomi Technology Co., Ltd ("Viomi" or the "Company") (NASDAQ: VIOT), a leading IoT @ Home technology company in China, today announced that the Company has filed its annual report on Form 20-F for the full year ended December 31, 2023 with the U.S. Securities and Exchange Commission (the "SEC") on April 25, 2024. The annual report is available on the Company's investor relations website at ir.viomi.com and on the SEC's website at www.sec.gov.

Viomi Technology Co., Ltd Filed 2023 Annual Report on Form 20-F

Viomi Announces Receipt of Minimum Bid Price Notice from Nasdaq

GUANGZHOU, China , March 27, 2024 /PRNewswire/ -- Viomi Technology Co., Ltd ("Viomi" or the "Company") (NASDAQ: VIOT), a leading IoT @ Home technology company in China, today announced that it has received a written notification from the staff of the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") dated March 26, 2024, indicating that because the closing bid price of the Company's American Depositary Shares ("ADSs") for the last 30 consecutive business days was below US$1.00 per share, the Company no longer meets the Nasdaq minimum bid price requirement, set forth in Nasdaq Listing Rule 5450(a)(1). Pursuant to the Nasdaq Listing Rules, the Company is provided with a compliance period of 180 calendar days, or until September 23, 2024, to regain compliance.

Viomi Announces Receipt of Minimum Bid Price Notice from Nasdaq

Viomi Technology Co., Ltd (VIOT) Q4 2023 Earnings Call Transcript

Viomi Technology Co., Ltd (VIOT) Q4 2023 Earnings Call Transcript

Viomi Technology Co., Ltd (VIOT) Q4 2023 Earnings Call Transcript

Viomi Technology Co., Ltd Reports Second Half and Full Year 2023 Unaudited Financial Results

GUANGZHOU, China, March 25, 2024 /PRNewswire/ -- Viomi Technology Co., Ltd ("Viomi" or the "Company") (NASDAQ: VIOT), a leading IoT @ Home technology company in China, today announced its unaudited financial results for the second half and full year ended December 31, 2023. Second Half 2023 Financial and Operating Highlights Net revenues were RMB1,189.0 million (US$167.5 million), compared to RMB1,596.4 million for the second half of 2022.

Viomi Technology Co., Ltd Reports Second Half and Full Year 2023 Unaudited Financial Results

Viomi Technology Co., Ltd Launched a Series of New Products and Showcased at the Appliances and Electronic World Expo in Shanghai

GUANGZHOU, China , March 15, 2024 /PRNewswire/ -- Viomi Technology Co., Ltd ("Viomi" or the "Company") (NASDAQ: VIOT), a leading IoT@Home technology company in China, recently held the Company's Spring New Home Water Solution Product and AIoT@Home Solution Product Launch Events. The series of new products was unveiled at the China Home Appliance and Consumer Electronics Expo (AWE) in Shanghai from March 14 to March 17.

Viomi Technology Co., Ltd Launched a Series of New Products and Showcased at the Appliances and Electronic World Expo in Shanghai

Viomi Technology Co., Ltd to Report Second Half and Full Year 2023 Financial Results on Monday, March 25, 2024

Earnings Call Scheduled for 8:00 A.M. ET on March 25, 2024 GUANGZHOU, China , March 5, 2024 /PRNewswire/ -- Viomi Technology Co., Ltd ("Viomi" or the "Company") (NASDAQ: VIOT), a leading IoT @ Home technology company in China, today announced that it will report its unaudited financial results for the second half and full year ended on December 31, 2023 on Monday, March 25, 2024, before the open of the U.S. markets.

Viomi Technology Co., Ltd to Report Second Half and Full Year 2023 Financial Results on Monday, March 25, 2024

Viomi Technology Co., Ltd Recently Completed the Relocation of its Smart Water Purification System Facility

GUANGZHOU, China , Feb. 5, 2024 /PRNewswire/ -- Viomi Technology Co., Ltd ("Viomi" or the "Company") (NASDAQ: VIOT), a leading IoT@Home technology company in China, today announced that its subsidiary, Guangdong Lizi Technology Co., Ltd. ("Guangdong Lizi"), has recently relocated its smart water purification system facility to the Viomi IoT Technology Park.

Viomi Technology Co., Ltd Recently Completed the Relocation of its Smart Water Purification System Facility

Viomi Technology Co., Ltd Elevates its Water Purification Department to a Strategic Business Unit

GUANGZHOU, China , Nov. 23, 2023 /PRNewswire/ -- Viomi Technology Co., Ltd ("Viomi" or the "Company") (NASDAQ: VIOT), a leading IoT@Home technology company in China, today announced the elevation of its water purification business to a strategic business unit ("SBU"). This supports the implementation of the Company's strategy of focusing on water purification , fully leveraging Viomi's leading R&D and manufacturing capabilities, and further enhancing the Company's commitment to high-quality and sustainable development.

Viomi Technology Co., Ltd Elevates its Water Purification Department to a Strategic Business Unit

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