Viomi Technology Co., Ltd - American Depositary Shares (VIOT)
1.9600
-0.0300 (-1.51%)
Viomi Technology Ltd is a Chinese smart home technology company that specializes in the research, development, and manufacture of intelligent household products
The company is known for its innovative solutions that integrate artificial intelligence and the Internet of Things to enhance the convenience and efficiency of daily living. Viomi’s product offerings include smart appliances, water purification systems, and various home automation devices, all designed to improve user experience and promote a healthier lifestyle. By focusing on creating a connected home ecosystem, Viomi aims to meet the evolving needs of modern consumers and drive the adoption of smart living solutions.
On September 26, 2024, Viomi Technology Co., Ltd (NASDAQ: VIOT) held its 2024 Investor Day in Shunde, Foshan, where the Founder and CEO Mr. Xiaoping Chen, Head of Capital and Strategy Sam Yang and the investor relations team had in-depth exchanges with more than twenty investor representatives. The open day has several sessions, including visiting the Viomi Tech Park, immersive experience spaces for Viomi’s intelligent home water solutions, and the Water Purifier Gigafactory. The company team introduced in details about the production and operation, R&D and innovation, market layout, etc., and had an interactive Q&A session with investor representatives. Investors experienced the charm of Tech Fashion, gained an in-depth understanding of Viomi's industrial layout, and discussed new opportunities for future development.
GUANGDONG, CHINA - Media OutReach Newswire - 31 August 2024 - On August 26, 2024, Viomi Technology Co., Ltd (NASDAQ: VIOT) issued its first half of 2024...
On July 19, 2024, Viomi Technology Co., Ltd (NASDAQ: VIOT) announced that in order to implement its “Focus” strategy, the Company has signed a business restructuring agreement with Mr. Xiaoping Chen, the founder and CEO, and an entity controlled by Mr. Xiaoping Chen, to divest part of the Company's IoT@Home business and related assets for a total cash consideration of RMB65 million. Upon completion of the reorganization, the Company will mainly focus on its home water solution business.
NEW YORK, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Deutsche Bank today announced the lineup for its Depositary Receipts Virtual Investor Conference (“dbVIC”) on Tuesday, September 24 and Wednesday, September 25, featuring live webcast presentations from international companies with American Depositary Receipt (ADR) programs in the US.
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Viomi Technology (NASDAQ: VIOT), a leading IoT@Home technology company in China, has approved an extension of its existing share repurchase plan for 12 months. This announcement is part of the company’s commitment to enhancing shareholder value. According to the announcement, the board of directors approved the extension, allowing the company to repurchase up to $10 million worth of its American Depositary Shares (“ADSs”) from Oct. 25, 2022, to Oct. 24, 2024. “From the launch of the share repurchase plan to the date of this press release, the company in aggregate purchased approximately $415,289 worth of its ADSs in the open market pursuant to its share repurchase plan,” stated the press release. “The company expects to fund the repurchases under the share repurchase plan with its existing cash balance.”
