Viomi Technology, a NASDAQ-listed company, reorganizes to divest IoT@Home, focus on water solutions, and enhance efficiency.
Viomi Technology, a NASDAQ-listed company, announces a strategic business reorganization to enhance core competitiveness and efficiency. The company will divest its IoT@Home business for RMB65 million and focus on its home water solution business, optimizing its operating structure and improving overall efficiency. Viomi aims to become a tech company utilizing AI technology to provide better drinking water solutions for global home users.
July 25, 2024
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