Viomi Technology Co., Ltd Appoints New President of Operations to Promote High-quality Business Development
Rhea-AI Summary
Viomi Technology (NASDAQ: VIOT), a leading Chinese home water solutions company, has appointed Guang Wu as President of Operations, effective December 4, 2024. Wu brings over 20 years of experience in business development and marketing in the home appliances industry, previously serving as VP and GM of Domestic Marketing at Sleemon Group and managing domestic marketing for Midea Group's Living Appliance Division.
CEO Xiaoping Chen highlighted that Viomi completed its strategic transformation in 2024, focusing on home water solutions and achieving profitability. The company aims to strengthen its channels and promote sustainable growth in 2025, leveraging Wu's extensive experience and leadership.
Positive
- Company successfully completed strategic transformation in 2024
- Returned to net income position in 2024
- Appointed experienced executive with 20+ years industry experience
Negative
- None.
News Market Reaction
On the day this news was published, VIOT declined 9.38%, reflecting a notable negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
GUANGZHOU, China, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Viomi Technology Co., Ltd (“Viomi” or the “Company”) (NASDAQ: VIOT), a leading technology company for home water solutions in China, today announced the appointment of Mr. Guang Wu as President of Operations, effective December 4, 2024. In this role, Mr. Wu will focus on driving high-quality business development and enhancing operational efficiency.
Mr. Wu brings over 20 years of experience in business development and marketing within the domestic home appliances and home furnishing industry. Prior to joining Viomi, he served as Vice President and General Manager of Domestic Marketing at Sleemon Group. Before that, he managed domestic marketing for the Living Appliance Division at Midea Group for many years. Throughout his career, Mr. Wu has consistently led teams to achieve significant growth and numerous breakthroughs.
Mr. Xiaoping Chen, Founder and CEO of Viomi, commented: “In 2024, we successfully completed our strategic transformation, focusing on home water solutions and returning to a net income position. As we move into 2025, we will continue to deepen and strengthen our channels to promote Viomi’s high-quality growth and sustainable development. We warmly welcome Mr. Wu to the Viomi team and believe that his extensive experience and proven leadership will be invaluable as we continue to execute our strategic growth plan.”
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: https://ir.viomi.com.
For investor and media inquiries, please contact:
In China:
Viomi Technology Co., Ltd
Claire Ji
E-mail: ir@viomi.com.cn
Piacente Financial Communications
Hui Fan
Tel: +86-10-6508-0677
E-mail: viomi@tpg-ir.com
In the United States:
Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
E-mail: viomi@tpg-ir.com
FAQ
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