Viomi Technology Co. Ltd. (China)

The Company through its subsidiaries, develops and sells Internet-of-things-enabled (IoT-enabled) smart home products in the People s Republic of China.
The Company has developed a unique IoT @ Home platform, consisting of an ecosystem of innovative IoT-enabled smart home products, or IoT 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 its to grow its household user base and capture various additional scenario-driven consumption events in the home environment.
The Company has only one operating segment. The Company is domiciled in the Cayman Islands while the Group mainly operates its businesses in the PRC and earns a majority of the revenues from external customers attributed to the PRC.
HISTORY
2014 The Company commenced its operations in May 2014 through Foshan Yunmi Electric Appliances Technology Co., Ltd.
2015 The Company was incorporated under the Laws of the Cayman Islands in January 2015.
2018 On September 25, 2018, the Company s ADSs commenced trading on the Nasdaq Stock Market under the symbol “VIOT.”
2019 In December 2019, the Company established Yunmi Hulian Technology (Guangdong) Co., Ltd. (“Yunmi Hulian”) as a wholly owned subsidiary of Viomi HK to act as a holding company for future business and investment opportunities.
2020 In October 2020, Codream HK Co., Limited (Hong Kong) (“Codream HK”), one of the Company's subsidiaries, established Zhumeng Hulian Technology (Guangdong) Co. Ltd. (“Zhumeng Hulian”) as a wholly owned subsidiary of the Company.