SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of February, 2020
Commission File Number: 001-38649
VIOMI TECHNOLOGY CO., LTD
Wansheng Square, Rm 1302 Tower C, Xingang East Road, Haizhu District
Guangzhou, Guangdong, 510220
Peoples 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 ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
Exhibit 99.1Press Release
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/ Shun Jiang|
|Title:||Chief Financial Officer|
Date: February 28, 2020
Viomi Announces Investment Plan for Comprehensive IoT Technology Park
GUANGZHOU, China, February 28, 2020 Viomi Technology Co., Ltd (Viomi or the Company) (NASDAQ: VIOT), a leading IoT @ Home technology company in China, announced this week that is has entered into a memorandum of understanding with the local government in Shunde, Guangdong Province, for a planned investment of approximately RMB1 billion, earmarked for the development of Viomi IoT Technology Park, a comprehensive high-tech industrial campus. The planned facilities, consisting of Viomis future headquarters and IoT development and manufacturing sites, aim to enhance the Companys supply chain capabilities and promote resource optimization. This investment and development plan will be executed with the strong support of the local government.
The Viomi IoT Technology Park will be located on an approximate 254-mu (42-acre) parcel of land and is expected to be completed in two phases over an up to ten-year period. The first phase, geared towards approximately 54 mu (9 acres), is expected to include the Companys multi-functional headquarters, including a product experience center, research and development center, smart manufacturing center, and centralized hub for sales and customer service functions. The second phase, of approximately 200 mu (33 acres), is expected to focus on and accommodate additional product development and manufacturing facilities for the Companys IoT products, serving as a focal point of Viomis expanded supply chain capabilities, while attracting more upstream and downstream corporate and business opportunities.
This investment demonstrates our commitment to strengthening our IoT supply chain resources and provides the necessary underpinning to support manufacturing and research and development capabilities we will need, in order to thrive in the upcoming 5G and IoT era. With this new industrial park, we will be ideally positioned to capture the growing number of exciting opportunities before us over the long term, said Mr. Xiaoping Chen, Founder, Chairman of the Board of Directors and Chief Executive Officer of Viomi. We look forward to benefiting from Shundes advantageous industrial environment and its local policies and further promoting the overall industrial upgrades in Chinas next growth phase.
About Viomi Technology
Viomis mission is to redefine the future home via the concept of IoT @ Home.
Viomi has developed a unique IoT @ Home platform consisting an ecosystem of innovative IoT-enabled smart home 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 Viomi to grow its household user base and capture various additional scenario-driven consumption events in the home environment.
For more information, please visit: http://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 Viomis 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 Companys 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 Companys growth strategies; the cooperation with Xiaomi, the recognition of the Companys brand; trends and competition in global IoT-enabled smart home market; development and commercialization of new products, services and technologies; governmental policies relating to the Companys industry and 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 Companys filings with the SEC. All information provided in this press release and in the attachments 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:
Viomi Technology Co., Ltd
The Piacente Group, Inc.
In the United States:
The Piacente Group, Inc.