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Viomi Technology (NASDAQ: VIOT) details progress on $20M ADS buyback plan

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Viomi Technology Co., Ltd provided an update on its share repurchase program for its American depositary shares. The board previously authorized repurchases of up to US$20 million in ADSs through December 31, 2027. As of June 30, 2026, Viomi had repurchased about 2.4 million ADSs for a total of US$3.8 million, leaving approximately US$16.2 million available under the program.

The company states that these repurchases have been funded by existing cash reserves and that management remains committed to executing the plan to generate value for shareholders. Viomi also highlights its AI-driven home water systems business model and its large water purifier manufacturing facility as core strengths.

Positive

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Repurchase authorization US$20 million in ADSs Board-approved share repurchase program ending December 31, 2027
ADSs repurchased Approximately 2.4 million ADSs Total repurchased under program as of June 30, 2026
Repurchase spend to date US$3.8 million Cash used to repurchase ADSs as of June 30, 2026
Remaining authorization Approximately US$16.2 million Amount still available for future buybacks under program
Program end date December 31, 2027 Scheduled expiration of current ADS repurchase program
share repurchase program financial
"the board of directors of the Company approved a share repurchase program"
A share repurchase program is when a company buys back its own shares from the marketplace. This reduces the total number of shares available, which can increase the value of each remaining share and signal confidence in the company's prospects. For investors, it often suggests that the company believes its stock is undervalued or that it has extra cash to return to shareholders.
American depositary shares financial
"the Company may repurchase up to US$20 million worth of its American depositary shares (ADSs)"
American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.
AI for Better water technical
"Viomi’s mission is “AI for Better water,” utilizing AI technology to provide better drinking water solutions"
Equipment + Consumables financial
"Viomi has developed a distinctive “Equipment + Consumables” business model"
Water Purifier Gigafactory technical
"The Company operates a world-leading “Water Purifier Gigafactory” with an integrated industrial chain"
forward-looking statements regulatory
"This announcement contains forward-looking statements"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
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Learn about SEC filing dates

 

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of July 2026

 

 

 

Commission File Number: 001-38649

 

 

 

Viomi Technology Co., Ltd

 

Wansheng Square, Rm 1302 Tower C, Xingang East Road, Haizhu District

Guangzhou, Guangdong, 510220

People’s Republic of China
(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒   Form 40-F ☐

 

 

 

 

 

 

Exhibit Index

 

Exhibit 99.1—Press Release

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

VIOMI TECHNOLOGY CO., LTD

   
  By:

/s/ Xiaoping Chen

  Name: Xiaoping Chen
  Title: Chief Executive Officer

 

Date: July 1, 2026

 

 

 

Exhibit 99.1

 

Viomi Technology Co., Ltd Provides Update on Share Repurchase Program

 

GUANGZHOU, China, July 1, 2026 – Viomi Technology Co., Ltd (“Viomi” or the “Company”) (NASDAQ: VIOT), a leading global technology company for home water systems, today announced an update on its previously authorized share repurchase program.

 

On October 24, 2025, the board of directors of the Company approved a share repurchase program, under which the Company may repurchase up to US$20 million worth of its American depositary shares (ADSs), ending on December 31, 2027.

 

As of June 30, 2026, the Company had repurchased approximately 2.4 million ADSs for a total of US$3.8 million under the program. Following these repurchases, approximately US$16.2 million remains available for future buybacks. The repurchases have been funded by the Company’s existing cash reserves, and management remains committed to executing the repurchase plan to generate value for shareholders.

 

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 systems, 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.

 

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 third 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; cooperation with Xiaomi; recognition of the Company’s brand; trends and competition in the global IoT-enabled smart home market; the development and commercialization of new products, services and technologies; governmental policies and the regulatory environment relating to the Company’s industry and/or aspects of its business operations; 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 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.

 

For investor and media inquiries, please contact:

 

In China:

 

Viomi Technology Co., Ltd

Claire Ji

E-mail: ir@viomi.com.cn

 

Piacente Financial Communications

Jenny Cai

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

What share repurchase program does Viomi Technology (VIOT) have in place?

Viomi has a board-approved share repurchase program allowing it to buy back up to US$20 million of its American depositary shares through December 31, 2027. The program focuses on repurchasing ADSs in the open market using the company’s available cash resources.

How much of Viomi Technology’s (VIOT) share repurchase authorization has been used?

As of June 30, 2026, Viomi had repurchased about 2.4 million American depositary shares for a total of US$3.8 million. This leaves approximately US$16.2 million still available under the existing US$20 million repurchase authorization approved in October 2025.

How is Viomi Technology (VIOT) funding its ADS share repurchases?

Viomi states that its American depositary share repurchases have been funded by the company’s existing cash reserves. This indicates the buybacks are being executed using internal funds rather than new financing, aligning capital deployment with available liquidity on the balance sheet.

What is the end date of Viomi Technology’s current ADS buyback program?

The current ADS share repurchase program at Viomi is scheduled to run until December 31, 2027. Within this timeframe, the company may buy back up to US$20 million of its American depositary shares, subject to market conditions and internal considerations.

What business focus does Viomi Technology (VIOT) highlight in this update?

Viomi emphasizes its mission of “AI for Better water,” focusing on AI-powered home water systems. It describes an “Equipment + Consumables” model, a world-leading Water Purifier Gigafactory, and technologies that extend filter lifespan, reduce user costs, and support wider residential water purification adoption.

What forward-looking statement caution does Viomi Technology (VIOT) provide?

Viomi notes that its statements about strategy, operations, and expectations are forward-looking under the U.S. Private Securities Litigation Reform Act of 1995. It warns that actual results may differ materially due to factors like growth strategies, competition, regulatory environment, and global economic conditions.

Filing Exhibits & Attachments

1 document