Viomi Technology (VIOT) Deutsche Bank’s Depositary Receipts Virtual Investor Conference summary

Strategic focus and business transformation

• Completed organizational restructuring in August 2024, divesting underperforming IoT business to focus on AI-powered home water solutions.

• New vision centers on 'Global Water' with a mission of 'AI for better water,' targeting young, modern middle-class consumers.

• Brand ranked 439th in 2024 Chinese top 500 brands, valued over CNY 15 billion.

• Emphasizes unique business model with ample cash reserves and scalable operations.

• Strategic growth plan includes deepening domestic market roots and expanding into the US and Southeast Asia.

Product innovation and technology

• Offers holistic, intelligent whole-house water solutions with features like instant heating, cooling, and mineralization.

• Proprietary ERO filtration and AI-driven mineralization technology deliver water quality similar to natural mineral water.

• Over 1,500 patents and 500+ innovations, with strong R&D and a world-leading Gigafactory for water purifiers.

• AI sensors and cloud connectivity enable real-time monitoring, self-cleaning, and proactive maintenance.

• Printer-like business model generates recurring revenue from consumables and enhances user experience.

Market opportunity and competitive landscape

• Global water purification market exceeds $33 billion, with a five-year CAGR of nearly 8%.

• China’s market penetration is low (~20%) compared to developed countries, indicating significant growth potential.

• US market valued at $6.7 billion, with rising demand for point-of-use purifiers.

• Competitive advantages include AI-powered product management, integrated supply chain, and scale efficiency.

• Sustainability focus through extended filter lifespan, reduced bottled water use, and environmentally friendly production.