Latest news with #Viomi
Yahoo
23-05-2025
- Business
- Yahoo
Viomi Receives NASDAQ Notice Related to Late Filing of Form 20-F
GUANGZHOU, China, May 23, 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 has received a letter from the NASDAQ Stock Market, dated May 21, 2025 (the 'Delinquency Letter'), notifying the Company that it is not in compliance with the requirements for continued listing set forth in NASDAQ Listing Rule 5250(c)(1) because it did not timely file its annual report on Form 20-F for the fiscal year ended December 31, 2024 (the '2024 Annual Report'). In accordance with NASDAQ Listing Rules, the Company has 60 calendar days from the date of the Delinquency Letter to submit a plan to regain compliance with NASDAQ Listing Rules (the 'Compliance Plan'). If NASDAQ accepts the Compliance Plan, NASDAQ may grant the Company an extension until November 11, 2025 to regain compliance. The Company intends to submit the Compliance Plan within the prescribed 60-day period. The Delinquency Letter has no immediate impact on the listing of the Company's ordinary shares represented by American depositary shares on the Nasdaq Capital Market. This announcement is made in compliance with NASDAQ Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification. About Viomi Technology Viomi's mission is 'AI for Better Water,' utilizing AI technology to provide better drinking water solutions for households worldwide. As an industry-leading technology company in home water solutions, Viomi has developed a distinctive 'Equipment + Consumables' business model. By leveraging its expertise in AI technology, intelligent hardware and software development, the Company simplifies filter replacement and enhances water quality monitoring, thereby increasing the filter replacement rate. Its continuous technological innovations extend filter lifespan and lower user costs, promoting the adoption of water purifiers and supporting a healthy lifestyle while effectively addressing the rising global demand for cleaner, fresher and healthier drinking water. The Company operates a world-leading 'Water Purifier Gigafactory' with an integrated industrial chain that boasts optimal efficiency and facilitates continuous breakthroughs in water purification. This state-of-the-art facility enables Viomi to achieve economies of scale and accelerate the global popularization of residential water filtration. For more information, please visit: For investor and media inquiries, please contact: In China: Viomi Technology Co., LtdClaire JiE-mail: ir@ Piacente Financial CommunicationHui FanTel: +86-10-6508-0677 E-mail: viomi@ In the United States: Piacente Financial Communication Brandi PiacenteTel: +1-212-481-2050E-mail: viomi@
Yahoo
19-05-2025
- Business
- Yahoo
Viomi Unveils Next-Generation Mineral Water Purifiers, Leading Household Drinking Water into the Era of Pure Mineral Water
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 era of 'pure water' to the new era of 'pure mineral water,' and offering a solution for families seeking mineral-rich drinking water at better meet the growing consumer demand for mineral-rich water at home, Viomi established the Kunlun Mineral Technology Research Center, investing over RMB100 million in the past three years. Collaborating with China University of Geosciences, the research team traveled extensively across China's renowned mountain regions, ultimately selecting Kunlun natural ore as the core material of the purifier. At the heart of the Kunlun 4 Pro is the Kunlun Filter, which employs a 7+1 level fine filtration system. This technology effectively removes over 100 harmful substances while enriching the water with six beneficial minerals: strontium, sodium, magnesium, potassium, calcium, and metasilicic acid, closely mimicking the composition of natural mineral spring addition, Viomi has established four industry-leading standards for 'pure mineral water.' First, the purifier utilizes meticulously selected raw materials, incorporating natural mineral ore in the filter to replicate mineral-rich water containing six essential minerals. Second, it features an AI-powered slow-release system that visibly and gradually releases these six minerals over time. Third, the device offers real-time pH monitoring with a slightly alkaline profile. Lastly, the product has achieved both 'Excellent Water Quality' and 'Maternal and Infant Mineral Grade' certifications. These standards underscore the purifier's safety and suitability for sensitive populations and the broader market, driving industry upgrade and leading the water purification sector towards a healthier, smarter, and higher-quality the launch event, Viomi also showcased the industry's first 'Group Standard for Household and Similar Use Maternal and Infant Mineral Water Purifiers,' jointly developed with the China Inspection and Testing Society and the China Household Electrical Appliances Research Institute. The Kunlun 4 Pro is the first product to obtain this certification, further emphasizing its safety and healthfulness for vulnerable groups. Looking ahead, Viomi remains committed to advancing AI-driven water purification technology, aiming to lead the evolution of household mineral water and provide consumers with healthier, smarter drinking experiences for years to come. About Viomi Technology Viomi's mission is 'AI for Better water,' utilizing AI technology to provide better drinking water solutions for households worldwide. As an industry-leading technology company in home water solutions, Viomi has developed a distinctive 'Equipment + Consumables' business model. By leveraging its expertise in AI technology, intelligent hardware and software development, the Company simplifies filter replacement and enhances water quality monitoring, thereby increasing the filter replacement rate. Its continuous technological innovations extend filter lifespan and lower user costs, promoting the adoption of water purifiers and supporting a healthy lifestyle while effectively addressing the rising global demand for cleaner, fresher and healthier drinking water. The Company operates a world-leading 'Water Purifier Gigafactory' with an integrated industrial chain that boasts optimal efficiency and facilitates continuous breakthroughs in water purification. This state-of-the-art facility enables Viomi to achieve economies of scale and accelerate the global popularization of residential water filtration. For more information, please visit: For investor and media inquiries, please contact: In China: Viomi Technology Co., LtdClaire JiE-mail: ir@ Piacente Financial Communications Hui FanTel: +86-10-6508-0677 E-mail: viomi@ In the United States: Piacente Financial CommunicationsBrandi PiacenteTel: +1-212-481-2050E-mail: viomi@ Photos accompanying this announcement are available at
Yahoo
12-05-2025
- Business
- Yahoo
Viomi Technology Co., Ltd to Present at the dbVIC - Deutsche Bank ADR Virtual Investor Conference May 15th
Company invites individual and institutional investors, as well as advisors and analysts, to attend online at GUANGZHOU, China, May 12, 2025 (GLOBE NEWSWIRE) -- Viomi Technology Co., Ltd ('Viomi' or the 'Company') (NASDAQ: VIOT) based in Guangzhou, and focused on home water solutions, today announced that Yang, Head of the Company's Capital and Strategy Department, and Ms. Claire Ji, the Company's IR contact, will present at the dbVIC - Deutsche Bank American Depositary Receipt (ADR) Virtual Investor Conference on May 15, 2025. This virtual investor conference is aimed exclusively at introducing global companies with ADR programs to investors. DATE: May 15, 2025TIME: 8:30 AM EDTLINK: REGISTER HERE This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event. It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates. Participation is free of charge. Recent Company Highlights The Company achieved strong results with a significant turnaround from previous losses, driven by a strategic shift to focus on home water business. Net revenue for 2024 increased by 29.3% year over year, and net income reached RMB62.3 million, compared to a net loss of RMB89.3 million in 2023. Viomi is now on a fast track to high-quality growth and is well-positioned to seize new market opportunities. About Viomi Technology Viomi's mission is 'AI for Better Water,' utilizing AI technology to provide better drinking water solutions for households worldwide. As an industry-leading technology company in home water solutions, Viomi has developed a distinctive 'Equipment + Consumables' business model. By leveraging its expertise in AI technology, intelligent hardware and software development, the Company simplifies filter replacement and enhances water quality monitoring, thereby increasing the filter replacement rate. Its continuous technological innovations extend filter lifespan and lower user costs, promoting the adoption of water purifiers and supporting a healthy lifestyle while effectively addressing the rising global demand for cleaner, fresher and healthier drinking water. The Company operates a world-leading 'Water Purifier Gigafactory' with an integrated industrial chain that boasts optimal efficiency and facilitates continuous breakthroughs in water purification. This state-of-the-art facility enables Viomi to achieve economies of scale and accelerate the global popularization of residential water filtration. For more information, please visit: About Virtual Investor Conferences® Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors. Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors. CONTACTS:Viomi Technology Co., LtdClaire JiE-mail: ir@ Virtual Investor Conferences John M. ViglottiSVP Corporate Services, Investor AccessOTC Markets Group (212) 220-2221johnv@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
