Viomi Technology Co., Ltd Announces Completion of Certain IoT@Home Businesses Divestment
Viomi Technology Co., Ltd - American Depositary Shares (VIOT)
Last viomi technology co., ltd - american depositary shares earnings: 3/26 06:00 am
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Source: PR Newswire
GUANGZHOU, China, Aug. 31, 2024 /PRNewswire/ -- Viomi Technology Co., Ltd ("Viomi" or the "Company") (NASDAQ: VIOT), a leading technology company for home water solutions in China, today announced that all the conditions precedent to the divestment of certain businesses and assets related to IoT@Home portfolio products, as previously announced on July 19, 2024 (the "Transaction"), have been satisfied, and the Transaction has successfully completed.The completion of the Transaction enables the Company to embrace a new mission, "AI for Better Water," and strive to utilize AI technology to provide better drinking water solutions for households worldwide.Mr. Xiaoping Chen, Founder and CEO of Viomi, commented: "In the first half of 2024, we achieved preliminary improvements in earnings by rigorously implementing our 'Focus' strategy. Going forward, we will primarily focus on our home water solution businesses, fully leveraging the competitive advantages of our Water Purifier Gigafactory. A
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VIOT
Sec Filings
- 11/12/24 - Form SC
- 10/23/24 - Form 6-K
- 9/3/24 - Form 6-K
- VIOT's page on the SEC website