Viomi Technology Co., Ltd announced on August 17, 2024, that it has regained compliance with Nasdaq's minimum bid price requirement. The company received a compliance notice from Nasdaq on August 16, stating that its American Depositary Shares (ADSs) maintained a closing bid price of $1.00 or higher for ten consecutive business days from August 1 to August 15, 2024.This development resolves the non-compliance issue raised on March 26, 2024, when Viomi was notified that its ADS price had fallen below $1.00 for 30 consecutive business days. The regained compliance status closes the matter, allowing Viomi to continue its listing on Nasdaq without further action required.Viomi, a leading technology company for home water solutions in China, operates under the mission "AI for Better Water." The company employs an "Equipment + Consumables" business model, leveraging AI technology to enhance water purification systems and promote healthier lifestyles through improved drinking water solutions.

Viomi Technology Co., Ltd announced on August 17, 2024, that it has regained compliance with Nasdaq's minimum bid price requirement. The company received a compliance notice from Nasdaq on August 16, stating that its American Depositary Shares (ADSs) maintained a closing bid price of $1.00 or higher for ten consecutive business days from August 1 to August 15, 2024.This development resolves the non-compliance issue raised on March 26, 2024, when Viomi was notified that its ADS price had fallen below $1.00 for 30 consecutive business days. The regained compliance status closes the matter, allowing Viomi to continue its listing on Nasdaq without further action required.Viomi, a leading technology company for home water solutions in China, operates under the mission "AI for Better Water." The company employs an "Equipment + Consumables" business model, leveraging AI technology to enhance water purification systems and promote healthier lifestyles through improved drinking water solutions.