Viomi Technology will report financial results on November 10 and commence a $20 million share repurchase program.
Quiver AI Summary
Viomi Technology Co., Ltd, a prominent Chinese company specializing in home water solutions, announced that it will release its unaudited financial results for the first half of 2025 on November 10, 2025. Additionally, the company's board has approved a share repurchase program allowing for the buyback of up to $20 million of its American depositary shares, effective until December 31, 2027. CEO Xiaoping Chen expressed confidence in the company's future and commitment to enhancing shareholder value through this initiative. The repurchases will be conducted on the open market and supported by the company's existing cash balance. Viomi, known for its innovative water purification technologies, aims to improve drinking water quality through its AI-driven solutions and efficient production processes.
Potential Positives
- Viomi has announced a share repurchase plan worth up to US$20 million, which demonstrates the company's commitment to enhancing shareholder value.
- The repurchase program reflects the company's confidence in its future business outlook, indicating positive growth potential.
- The funds for the repurchases will come from Viomi's existing cash balance, showing financial stability.
Potential Negatives
- The announcement does not include any concrete financial performance indicators for the past six months, which may raise concerns among investors regarding the company's current financial health.
- The share repurchase plan, while intended to enhance shareholder value, may be perceived as a sign that the company lacks profitable investment opportunities for growth.
- The reliance on existing cash balance to fund the repurchase plan could indicate potential liquidity concerns if cash flow does not improve in the near future.
FAQ
When will Viomi Technology report its financial results?
Viomi will report its unaudited financial results for the six months ended June 30, 2025, on November 10, 2025.
What is the value of Viomi's new share repurchase plan?
The new share repurchase plan allows Viomi to repurchase up to US$20 million worth of its American depositary shares.
What is the goal of Viomi's share repurchase program?
The share repurchase program aims to enhance shareholder value and demonstrate confidence in the Company's business outlook.
How will Viomi fund the share repurchases?
Viomi expects to fund the share repurchases from its existing cash balance.
What is Viomi's mission regarding water solutions?
Viomi's mission is "AI for Better Water," utilizing AI technology to provide improved drinking water solutions globally.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$VIOT Hedge Fund Activity
We have seen 10 institutional investors add shares of $VIOT stock to their portfolio, and 4 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- JPMORGAN CHASE & CO added 303,531 shares (+inf%) to their portfolio in Q2 2025, for an estimated $409,766
- RENAISSANCE TECHNOLOGIES LLC added 237,900 shares (+149.1%) to their portfolio in Q2 2025, for an estimated $321,165
- ACADIAN ASSET MANAGEMENT LLC added 167,630 shares (+24.1%) to their portfolio in Q2 2025, for an estimated $226,300
- BARCLAYS PLC added 80,169 shares (+inf%) to their portfolio in Q2 2025, for an estimated $108,228
- CITADEL ADVISORS LLC added 36,561 shares (+39.4%) to their portfolio in Q2 2025, for an estimated $49,357
- UBS GROUP AG removed 26,040 shares (-30.6%) from their portfolio in Q2 2025, for an estimated $35,154
- MILLENNIUM MANAGEMENT LLC removed 19,247 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $25,983
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
GUANGZHOU, China, Oct. 24, 2025 (GLOBE NEWSWIRE) -- Viomi Technology Co., Ltd (“Viomi” or the “Company”) (NASDAQ: VIOT), a leading technology company for home water solutions in China, today announced that it will report its unaudited financial results for the six months ended June 30, 2025 on November 10, 2025, before the open of the U.S. markets.
In addition, as a part of its continuous commitment to enhancing shareholder value, the Company’s board of directors has approved a new share repurchase plan under which the Company may repurchase up to US$20 million worth of its American depositary shares, ending on December 31, 2027.
Mr. Xiaoping Chen, Founder, Chairman and Chief Executive Officer of Viomi, commented, “The Company’s new share repurchase program underscores our confidence in Viomi’s business outlook and our commitment to maximizing long-term shareholder value. We believe this program will support the Company’s development while creating sustainable value for our consumers and shareholders in the long run.”
The share repurchases under the new share repurchase plan may be effected from time to time on the open market at prevailing market prices, in privately negotiated transactions, in block trades and/or through other legally permissible means, depending on market conditions, and will be implemented in accordance with applicable rules and regulations. The Company expects to fund the repurchases out of its existing cash balance.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as Viomi’s strategic and operational plans, contain forward-looking statements. Viomi may also make written or oral forward-looking statements in its periodic reports to the United States Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to Fourth parties. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s growth strategies; the cooperation with Xiaomi, the recognition of the Company’s brand; trends and competition in global IoT-enabled smart home market; development and commercialization of new products, services and technologies; governmental policies and relevant regulatory environment relating to the Company’s industry and/or aspects of the business operations and general economic conditions in China and around the globe, and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.
About Viomi Technology
Viomi’s mission is “AI for Better Water,” utilizing AI technology to provide better drinking water solutions for households worldwide.
As an industry-leading technology company in home water solutions, Viomi has developed a distinctive “Equipment + Consumables” business model. By leveraging its expertise in AI technology, intelligent hardware and software development, the Company simplifies filter replacement and enhances water quality monitoring, thereby increasing the filter replacement rate. Its continuous technological innovations extend filter lifespan and lower user costs, promoting the adoption of water purifiers and supporting a healthy lifestyle while effectively addressing the rising global demand for cleaner, fresher and healthier drinking water. The Company operates a world-leading “Water Purifier Gigafactory” with an integrated industrial chain that boasts optimal efficiency and facilitates continuous breakthroughs in water purification. This state-of-the-art facility enables Viomi to achieve economies of scale and accelerate the global popularization of residential water filtration.
For more information, please visit: http://ir.viomi.com .
For investor and media inquiries, please contact:
Viomi Technology Co., Ltd
Claire Ji
E-mail:
[email protected]
Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
E-mail:
[email protected]