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

Rhea-AI Summary

Viomi Technology Co., has filed its 2023 Annual Report on Form 20-F, showcasing its financial performance for the full year ended December 31, 2023. The report is accessible on the Company's investor relations website and the SEC's website. Shareholders and ADS holders can request hard copies free of charge.

Insights

Financial Analyst

Examining the recent filing of the annual report by Viomi Technology Co., Ltd, we observe key financial health indicators that are important for investors. The Form 20-F provides a comprehensive view of the company's financial performance, including revenue, profit margins, operating expenses and net income. It's essential to compare these figures against previous years and industry benchmarks to determine trends and potential growth areas. Factors such as the gross margin trends can offer insights into the company's efficiency and scalability, while operating expenses relative to revenue will illuminate cost management effectiveness. Future investor decisions should weigh the implications of these metrics.

Market Research Analyst

From a market perspective, Viomi's performance must be contextualized within the broader IoT and home technology sectors in China, which are experiencing swift growth. The demand for smart home devices is a key driver here. It's important for investors to consider how Viomi's product offerings and market strategy align with consumer trends and the competitive landscape. The annual report may offer subtle indications of the company's strategic direction, investment in R&D and market share evolution. These elements can have a significant effect on Viomi's long-term market position and, consequently, its stock performance.

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. The Company will provide hard copies of the annual report, free of charge, to its shareholders and ADS holders upon written request. Requests should be directed to Investor Relations, Viomi Technology Co., Ltd, Room 1302, Tower C, Wansheng Square, Xingang East Road, Haizhu District, Guangzhou, Guangdong, 510220, People's Republic of China.

About Viomi Technology

Viomi's mission is to redefine the future home via the concept of IoT @ Home.

Viomi has developed a unique IoT @ Home platform consisting of an ecosystem of innovative IoT-enabled smart home products, together with a suite of complementary consumable products and value-added businesses. This platform provides an attractive entry point into the consumer home, enabling consumers to intelligently interact with a broad portfolio of IoT products in an intuitive and human-like manner to make daily life more convenient, efficient and enjoyable, while allowing Viomi to grow its household user base and capture various additional scenario-driven consumption events in the home environment.

For more information, please visit: http://ir.viomi.com.

For investor and media inquiries, please contact: 

In China:

Viomi Technology Co., Ltd
Claire Ji
E-mail: ir@viomi.com.cn 

Piacente Financial Communication
Hui Fan
Tel: +86-10-6508-0677
E-mail: viomi@tpg-ir.com

In the United States:

Piacente Financial Communication
Brandi Piacente
Tel: +1-212-481-2050
E-mail: viomi@tpg-ir.com

View original content:https://www.prnewswire.com/news-releases/viomi-technology-co-ltd-filed-2023-annual-report-on-form-20-f-302128154.html

SOURCE Viomi Technology Co., Ltd

FAQ

When did Viomi Technology Co., file its 2023 Annual Report?

Viomi Technology Co., filed its 2023 Annual Report on Form 20-F on April 25, 2024.

Where can investors access Viomi's annual report?

Investors can access Viomi's annual report on the Company's investor relations website at ir.viomi.com and on the SEC's website at www.sec.gov.

How can shareholders and ADS holders obtain hard copies of the annual report?

Shareholders and ADS holders can obtain hard copies of the annual report free of charge by making a written request to Investor Relations at Viomi Technology Co., , Room 1302, Tower C, Wansheng Square, Xingang East Road, Haizhu District, Guangzhou, Guangdong, 510220, People's Republic of China.