Viomi Technology announced the successful completion of its previously announced IoT@Home portfolio businesses divestment on August 31, 2024. This strategic move aligns with the company's new mission "AI for Better Water" and enables a sharper focus on home water solution businesses.The company reported improved earnings in H1 2024 through its 'Focus' strategy implementation. Moving forward, Viomi will concentrate on leveraging its Water Purifier Gigafactory's competitive advantages and expanding into key overseas markets to advance its global strategy.The reorganization aims to strengthen Viomi's financial health and drive profitable growth. The company's business model combines equipment and consumables, utilizing AI technology to enhance water purification solutions and simplify filter replacement processes through its state-of-the-art Gigafactory operations.

Viomi Technology announced the successful completion of its previously announced IoT@Home portfolio businesses divestment on August 31, 2024. This strategic move aligns with the company's new mission "AI for Better Water" and enables a sharper focus on home water solution businesses.The company reported improved earnings in H1 2024 through its 'Focus' strategy implementation. Moving forward, Viomi will concentrate on leveraging its Water Purifier Gigafactory's competitive advantages and expanding into key overseas markets to advance its global strategy.The reorganization aims to strengthen Viomi's financial health and drive profitable growth. The company's business model combines equipment and consumables, utilizing AI technology to enhance water purification solutions and simplify filter replacement processes through its state-of-the-art Gigafactory operations.