0001493152-26-045014 | 6-K | XBRL Viewer

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Unaudited Condensed Parent Company Statements of Operations (Details) ¥ in Thousands, $ in Thousands	6 Months Ended
	Jun. 30, 2026 USD ($)	Jun. 30, 2026 CNY (¥)	Jun. 30, 2025 CNY (¥)
Operating expenses
General and administrative expenses	$ (6,102)	¥ (41,401)	¥ (63,029)
Total operating expenses	(36,406)	(247,016)	(281,376)
Other (expenses) income, net	2,742	18,604	9,071
Income from operations	(7,477)	(50,732)	118,847
Interest and investment income, net	2,134	14,479	18,687
Income before income tax expenses	(5,343)	(36,253)	137,534
Income tax expenses	$ 1,398	9,486	(17,006)
Parent Company [Member]
Operating expenses
General and administrative expenses		(2,348)	(2,184)
Total operating expenses		(2,348)	(2,184)
Other (expenses) income, net		1,472	(57)
Equity in gain (loss) of subsidiaries/VIEs		(33,401)	109,668
Income from operations		(34,277)	107,427
Interest and investment income, net		7,991	13,288
Income before income tax expenses		(26,286)	120,715
Income tax expenses			(320)
Net income (loss) attributable to ordinary shareholders of the Company		¥ (26,286)	¥ 120,395

BORROWINGS (Details Narrative) ¥ in Thousands, $ in Thousands			6 Months Ended
	Mar. 07, 2026 CNY (¥)	Mar. 08, 2021 CNY (¥)	Jun. 30, 2026 CNY (¥)	Jun. 30, 2025 CNY (¥)	Jun. 30, 2026 USD ($)	Jun. 30, 2026 CNY (¥)	Dec. 31, 2025 CNY (¥)
Line of Credit Facility [Line Items]
Interest expenses for short-term borrowings			¥ 510	¥ 602
Annual weighted average interest rate for short-term borrowings				3.64%	2.84%	2.84%
Remains the credit limit	¥ 310,000
Land use rights, net					$ 8,253	¥ 55,995	¥ 56,631
Interest expense, borrowings			¥ 1,081	¥ 912
Asset Pledged as Collateral [Member] \| Line of Credit [Member]
Line of Credit Facility [Line Items]
Net book value of building properties						227,140
Minimum [Member]
Line of Credit Facility [Line Items]
Interest rate			2.75%
Maximum [Member]
Line of Credit Facility [Line Items]
Interest rate			2.90%
Line of Credit [Member]
Line of Credit Facility [Line Items]
Proceeds from long-term lines of credit		¥ 310,000	¥ 193,489
Total loan amount repaid			¥ 129,343
Outstanding balance of long-term borrowings						64,146
Line of Credit [Member] \| Unused lines of Credit [Member]
Line of Credit Facility [Line Items]
Unutilized lines of credit						¥ 116,511

RELATED PARTY TRANSACTIONS (Tables)

6 Months Ended

Jun. 30, 2026

Name	Relationship with the Group
Foshan Viomi and its subsidiaries (“Foshan Viomi”)	Controlled by a principal shareholder of the Company
Xiaomi	Shareholder of the Group

SUMMARY OF RELATED PARTY TRANSACTIONS

(1)

Amount due from/to related parties

	As of December 31,		As of June 30,
	2025		2026
	RMB		RMB
			(unaudited)
Accounts receivable from related parties:
Xiaomi^(a)		304,078		366,158
Foshan Viomi^(c)		36,095		23,760
Total		340,173		389,918
Accounts receivable from a related party		340,173		389,918

Other receivables from related parties:
Other receivables from Xiaomi		200		537
Total		200		537
Other receivables from related parties		200		537

Amounts due to related parties:
Purchase and other payable to Xiaomi^(a)		596		2,668
Amounts due to related parties		596		2,668

(2)

Purchase from related parties

	2025		2026
	Six Months ended June 30,
	2025		2026
	RMB		RMB
	(unaudited)		(unaudited)
Foshan Viomi^(c)		5,366		9,798
Total		5,366		9,798
Purchase from related parties		5,366		9,798

VIOMI TECHNOLOGY CO., LTD

NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE SIX MONTHS ENDED JUNE 30, 2025 AND 2026

(Amounts in thousands, except shares, ADS, per share and per ADS data)

19.

RELATED PARTY TRANSACTIONS (Continued)

(3)

Revenue from related parties

	2025		2026
	Six Months ended June 30,
	2025		2026
	RMB		RMB
	(unaudited)		(unaudited)
Xiaomi^(a)		1,347,652		652,894
Foshan Viomi^(c)		13,314		13,244
Total		1,360,966		666,138
Revenue from related parties		1,360,966		666,138

(4)

Selling and marketing expenses

	2025		2026
	Six Months ended June 30,
	2025		2026
	RMB		RMB
	(unaudited)		(unaudited)
Commission expenses charged by Xiaomi^(b)		22,596		16,047
Other expenses charged by Foshan Viomi^(d)		5,460		3,465
Total		28,056		19,512
Selling and marketing expenses		28,056		19,512

	(a)	The Group both sells water purifiers and other products to and purchase Xiaomi branded products and certain raw materials from Xiaomi. The amount due from Xiaomi represents receivable arising from sales of water purifiers and other products. The balance due to Xiaomi represents payable arising from purchase of Xiaomi branded products and certain raw materials.

	(b)	The Group sells its own brand products on the E-platform of Xiaomi, which charges the Group commission and technical service fees, also Xiaomi provides advertising and promotion service. The amount due from Xiaomi represents sales receivable net of commission, advertising and promotion service.

		Certain amounts in prior periods have been reclassified to conform with current period presentation. These reclassifications had no impact on the Group’s consolidated financial statements.
	(c)	The Group purchases certain raw materials from Foshan Viomi and its subsidiaries. The Group also sells its own branded products to Foshan Viomi, and provides rental services, and other services to Foshan Viomi and its subsidiaries.

	(d)	The Group’s related party provides transportation services, maintenance services, promotion services as well as installation services for the Group.

SUMMARY OF CAPITAL AND OTHER COMMITMENT (Details) - CNY (¥) ¥ in Thousands	Jun. 30, 2026	Dec. 31, 2025
Commitments and Contingencies Disclosure [Abstract]
Property, plant, and equipment	¥ 57,772	¥ 57,147

CONCENTRATION AND RISKS

6 Months Ended

Jun. 30, 2026

Risks and Uncertainties [Abstract]

CONCENTRATION AND RISKS

3.	CONCENTRATION AND RISKS

(a)

Foreign exchange risk

The revenues and expenses of the Group’s entities in the PRC are generally denominated in RMB and their assets and liabilities are denominated in RMB. The RMB is not freely convertible into foreign currencies. Remittances of foreign currencies into the PRC or remittances of RMB out of the PRC as well as exchange between RMB and foreign currencies require approval by foreign exchange administrative authorities and certain supporting documentation. The State Administration for Foreign Exchange, under the authority of the People’s Bank of China, controls the conversion of RMB into other currencies.

(b)

Credit risk

Financial instruments that potentially expose the Group to credit risk consist primarily of cash and cash equivalents, restricted cash, short-term investments, short-term and long-term deposits, accounts and notes receivable and amounts due from related parties. The Group places its cash and cash equivalents, restricted cash, short-term investments and short-term deposits with financial institutions with high credit ratings and quality. There has been no recent history of default in relation to these financial institutions and credit risk is immaterial.

The Group conducts credit evaluations of third-party customers and related parties, and generally does not require collateral or other security from its third-party customers and related parties. The Group establishes an allowance for credit losses primarily based upon the age of the receivables and factors surrounding the credit risk of specific third-party customers and related parties.

Concentration risk of accounts and notes receivable from third parties are presented as below:

SUMMARY OF CONCENTRATION OF RISK

	As of December 31,				As of June 30,
	2025				2026
	RMB				RMB
					(unaudited)
Company A		16,070	51	%		9,174	35	%
Company B		6,004	19	%		6,237	24	%

Concentration risk of accounts receivable from related parties are presented as below:

	As of December 31,				As of June 30,
	2025				2026
	RMB				RMB
					(unaudited)
Xiaomi		304,078	89	%		366,158	94	%
Foshan Viomi		36,095	11	%		23,760	6	%

Concentration risk of other receivables from related parties are presented as below:

	As of December 31,				As of June 30,
	2025				2026
	RMB				RMB
					(unaudited)
Xiaomi		200	100	%		537	100	%

(c)

Revenue concentration risk

	Six Months ended June 30,
	2025				2026
	RMB				RMB
	(unaudited)				(unaudited)
Xiaomi		1,347,652	91	%		652,894	88	%

- Definition

The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 825
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 21
-Subparagraph (d)(3)
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-URI https://asc.fasb.org/1943274/2147482907/825-10-50-21

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 825
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 21
-Subparagraph (d)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482907/825-10-50-21

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 825
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 21
-Subparagraph (c)(3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482907/825-10-50-21

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 825
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 21
-Subparagraph (c)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482907/825-10-50-21

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 825
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 21
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482907/825-10-50-21

Reference 6: http://www.xbrl.org/2003/role/exampleRef
-Topic 275
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-Section 55
-Paragraph 3A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482836/275-10-55-3A

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 275
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482861/275-10-50-2A

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 275
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482861/275-10-50-1

Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 275
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/275/tableOfContent

+ Details

SIGNIFICANT ACCOUNTING POLICIES

6 Months Ended

Jun. 30, 2026

Accounting Policies [Abstract]

SIGNIFICANT ACCOUNTING POLICIES

2.	SIGNIFICANT ACCOUNTING POLICIES

(a)

Basis of presentation

The unaudited condensed consolidated financial statements of the Group have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information, and with the rules and regulations of the SEC. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. In the opinion of the Group, the accompanying unaudited condensed financial statements contain all adjustments, consisting of only normal recurring adjustments, necessary for a fair statement of its financial position as of June 30, 2026, and its results of operations for the six months ended June 30, 2025 and 2026, and cash flows for the six months ended June 30, 2025 and 2026. The condensed balance sheet as of December 31, 2025, was derived from audited annual financial statements. The accompanying unaudited condensed consolidated financial statements should be read in conjunction with audited consolidated financial statements and accompanying notes in the Company’s Annual Report on Form 20-F for the fiscal year ended December 31, 2025. The consolidated results of operations for any interim period are not necessarily indicative of the results to be expected for the full year or for any other future years or interim periods.

(b)

Consolidation

The Group’s unaudited condensed consolidated financial statements include the financial statements of the Company, its subsidiaries and VIEs for which the Company or its subsidiaries are the primary beneficiaries. All transactions and balances among the Company, its subsidiaries and VIEs have been eliminated upon consolidation.

(c)

Use of estimates

The preparation of unaudited condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported and disclosed in the unaudited condensed consolidated financial statements and accompanying notes. Significant accounting estimates reflected in the Group’s unaudited condensed consolidated financial statements include sales returns, inventory valuation, product warranties, variable consideration, share-based compensation, allowance for credit losses, and the valuation allowance for deferred tax assets. Actual results could differ from those estimates, and such differences may be material to the unaudited condensed consolidated financial statements.

(d)

Foreign currency translation

The Group uses Renminbi (“RMB”) as its reporting currency. The functional currency of the Company and its subsidiaries incorporated in Hong Kong and British Virgin Islands are United States dollar (“US$”), while the functional currency of the Group’s entities in the PRC is RMB, which is their respective local currency. In the unaudited condensed consolidated financial statements, the financial information of the Company and its subsidiaries in Hong Kong and British Virgin Islands, which use US$ as their functional currency, have been translated into RMB. Assets and liabilities are translated at the exchange rates on the balance sheet date, equity amounts are translated at historical exchange rates, and revenues, expenses, and incomes are translated using the average exchange rate for the period. Translation adjustments arising from these are reported as foreign currency translation adjustments and are shown as a component of other comprehensive loss in the statements of comprehensive income (loss).

Foreign currency transactions denominated in currencies other than functional currency are translated into the functional currency using the exchange rates prevailing at the dates of the transactions. Monetary assets and liabilities denominated in foreign currencies at the balance sheet date are remeasured at the applicable rates of exchange in effect at that date. Foreign exchange gains and losses resulting from the settlement of such transactions and from remeasurement at year-end are recognized in Foreign currency translation adjustment in the unaudited condensed consolidated statements of comprehensive income (loss).

VIOMI TECHNOLOGY CO., LTD

NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE SIX MONTHS ENDED JUNE 30, 2025 AND 2026

(Amounts in thousands, except shares, ADS, per share and per ADS data)

2.	SIGNIFICANT ACCOUNTING POLICIES (Continued)

(e)

Convenience translation

Translations of balances in the unaudited condensed consolidated balance sheets, unaudited condensed consolidated statements of comprehensive income (loss) and unaudited condensed consolidated statements of cash flows from RMB into US$ as of and for the six months ended June 30, 2026 are solely for the convenience of the reader and were calculated at the noon buying rate of US$1.00 = RMB6.7851 on June 30, 2026 as set forth in the H.10 statistical release of the U.S. Federal Reserve Board. No representation is made that the RMB amounts could have been, or could be, converted, realized or settled into US$ at that rate on June 30, 2026, or at any other rate.

(f)

Accounts receivable

Accounts receivable are stated at the historical carrying amount net of allowance for credit losses. On January 1, 2020, the Group adopted ASC326, “Financial Instruments—Credit Losses” using modified retrospective transition approach. The Group provides an allowance against accounts receivable to the amount management reasonably believe will be collected. The Group writes off trade receivable when they are deemed uncollectible.

The Group maintains an allowance for credit losses which reflects its best estimate of amounts that potentially will not be collected. Accounts receivable have been grouped based on shared credit risk characteristics and days past due to estimate, taking into consideration various factors including but not limited to historical collection experience and credit-worthiness of the debtors.

(g)

Revenue recognition

In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers (Topic 606)” (“ASU 2014-09”) and subsequently, the FASB issued several amendments which amend certain aspects of the guidance in ASC 2014-09 (ASU No. 2014-09 and the related amendments are collectively referred to as “ASC 606”). According to ASC 606, revenue is recognized when control of the promised good or service is transferred to the customers, in an amount that reflects the consideration the Group expects to be entitled to in exchange for those goods or services. The Group will enter into contracts that can include various combinations of products and services, which are generally capable of being distinct and accounted for as separate performance obligations. Revenue is recognized net of allowances for returns and any taxes collected from customers, which are subsequently remitted to governmental authorities. The Group adopted ASC 606 for all periods presented.

The Group’s revenue is primarily derived from (i) Home water systems, which are composed of smart water purification systems, kettles and heaters, (ii) consumable products complementary to the Group’s Home water systems, such as water purifier filters, (iii) Kitchen appliances and others. Refer to Note 14 to the unaudited condensed consolidated financial statements for disaggregation of the Group’s revenue by type of product and service for the six months ended June 30, 2025 and 2026.

1)	The Group conducts its business through various contractual arrangements.

Sales to Xiaomi

The Group generated a substantial portion of its revenues from sales of products to Xiaomi.

Under the cooperation agreement entered into between the Group and Xiaomi, the Group is responsible for design, research, development, production, and delivery of designated products using the brand name of “Xiaomi” (“Xiaomi-branded products”). Xiaomi is responsible for commercial distributions and sales. Revenue is recognized upon acceptance by this customer, which is considered at the time the control of the products is transferred to Xiaomi.

For a majority of types of products sold to this customer, the selling price is a fixed amount as agreed by both parties. For other types of products sold to this customer, the sales arrangement includes two installment payments. The first installment is priced to recover the costs incurred by the Group in developing, producing, and shipping the products to this customer and is payable to the Group upon acceptance by the customer after delivery. The Group is also entitled to receive a potential variable second installment payment calculated as certain portion of the future gross profits from commercial sales made by this customer.

VIOMI TECHNOLOGY CO., LTD

NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE SIX MONTHS ENDED JUNE 30, 2025 AND 2026

(Amounts in thousands, except shares, ADS, per share and per ADS data)

2.	SIGNIFICANT ACCOUNTING POLICIES (Continued)

The second installment payment represents variable consideration because the amount of consideration to which the Group is entitled depends on future events, including the customer’s subsequent commercial sales of the relevant products and the determination of the related gross profits. Accordingly, the Group determines the transaction price as the fixed first installment payment plus the variable second installment payment to the extent that it is probable that a significant revenue reversal will not occur when settling with the customer subsequently.

For the six months ended June 30, 2025 and 2026, total net revenues earned from the variable second installment payment arrangement, represented 12.4% and 7.8% of total revenue from Xiaomi, respectively. These amounts consist of two components: (i) amounts determined through monthly settlements with this customer, for which the uncertainty has been resolved, and (ii) estimated second installment consideration for unsettled units as of the respective reporting dates.

Sales to third-party customers, including: sales to leading e-commerce platforms and offline stores; and sales to customers directly through the online platforms operated by Xiaomi, third parties and the Group.

The Group recognizes revenue for the sales to third-party customers in accordance with the applicable revenue recognition method for each of the distinct performance obligation identified. Sales of products is recognized upon acceptance by customers after delivery. Installation services revenues are recognized when the services are rendered.

- Sales to leading e-commerce platforms and offline experience stores

Pursuant to the contracts between the Group and the leading e-commerce platforms/offline experience stores (“e-commerce platforms and stores”), the e-commerce platforms and stores have legal title and physical possession of the products upon acceptance and they would bear the risk of loss due to physical damage before the products are transferred and accepted by end customers. The e-commerce platforms and stores are responsible for delivering the products to end customers and can direct the use of the products and obtain the remaining benefits from the products by reselling the products. The e-commerce platforms and stores have flexibility in determining the retail sales price within relatively broad price range set by the Group. Based on these indicators, the Group determined the e-commerce platforms and stores (as opposed to the end customers) as its customers according to ASC 606-10-55-39. The Group recognizes revenue equal to the sales price to the e-commerce platforms and stores when control of the inventory is transferred.

- Sales to customers directly through the online platforms operated by Xiaomi, third parties and the Group

Under the cooperation agreements entered between the Group and online platforms, the platforms’ responsibilities are limited to offering an online marketplace, while the Group is primarily obligated in a sales transaction and takes inventory risk and has latitude in determining prices. The platforms charged the Group commission fees at pre-determined amounts or a fixed rate based on the sales amounts. Commission fees are recognized as selling expenses. The Group determined the end customers (as opposed to the platforms) as its customers and recognizes revenue equal to the sales price to the end customers when control of the inventory is transferred.

- Rendering of services

The Group provides installation service to end customers for designated Viomi-branded products without separate charge. The installation service is considered being distinct and accounted for as a separate performance obligation. The Group expects to be entitled to a breakage amount in the contract liabilities related to installation services. The Group estimates the breakage portion based on historical customers’ requests and recognizes estimated breakage as revenue in proportion to the pattern of rights exercised by end customers on a semi-annually basis.

The Group allocates the arrangement consideration to the separate accounting of each distinct performance obligation based on their relative standalone selling price. The standalone selling price of the products is determined based on adjusted market assessment approach, while the standalone selling price of the installation services is determined using a cost-plus margin approach.

2)	Sales returns and sales incentives

For sales to leading e-commerce platforms, the Group estimates sales returns and sales incentives as variable consideration in determining the transaction price. Based on historical information and other relevant evidence, the Group recognizes revenue only to the extent that it is probable that a significant reversal of cumulative revenue recognized will not occur. For the six months ended June 30, 2025 and 2026, the expected sales return was RMB474 and RMB789, respectively. Accordingly, the Group recognizes an expected return asset of RMB63 and RMB401 and a refund liability of RMB129 and RMB892 as of December 31, 2025 and June 30, 2026, respectively. The Group updates its estimates of expected returns and sales incentives at each reporting period. The expected return asset is presented and assessed for impairment separately from the refund liability.

VIOMI TECHNOLOGY CO., LTD

NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE SIX MONTHS ENDED JUNE 30, 2025 AND 2026

(Amounts in thousands, except shares, ADS, per share and per ADS data)

2.	SIGNIFICANT ACCOUNTING POLICIES (Continued)

Further, the Group might provide various consideration to the e-commerce platforms, such as gross margin guarantee, advertising and promotion fees, in the form of cash, or directly reducing amounts owed to the Group by the e-commerce platforms. The Group evaluates each type of incentives or fees to be paid in accordance with ASC 606 and reduces the transaction price for the sale of products by the amount of various consideration payable to the e-commerce platforms considering that the Group either does not receive any service from the e-commerce platforms or cannot elect to engage another vendor to provide similar advertising services on a standalone basis.

For sales through online platforms, end customers have an unconditional right to return products purchased through online platforms within 7 days. The Group bases its estimates of sales returns on historical results and recognizes revenue net of estimated sales returns and sales incentives.

Warranty

The Group offers product warranty pursuant to standard product quality required by consumer protection law. Such warranties are accounted for in accordance with ASC 460 Guarantees. At the time revenue is recognized, an estimate of warranty expenses is recorded and recognized as cost of revenues.

4)	Value added taxes

Value added taxes (“VAT”) on sales is calculated at 13% after April 1, 2019. The Group reports revenue net of VAT. Subsidiaries and VIEs that are VAT general taxpayers are allowed to offset qualified VAT paid against their output VAT liabilities.

5)	Contract balances

Key customers, including Xiaomi and third-party customers, are entitled to a credit term. The expected length of time between the products being transferred to customers and when they pay for those products is short. There is no difference between the amount of promised consideration and the cash selling price of the promised products. Therefore, the Group concludes that the contracts with these key customers generally do not include a significant financing component.

The Group does not have contract assets as of December 31, 2025 and June 30, 2026. Contract liabilities consist of deferred revenue related to the Group’s provision of installation services, where there is still an obligation to be fulfilled by the Group. The contract liabilities will be recognized as revenue when all of the revenue recognition criteria are met.

As of December 31, 2025 and June 30, 2026, deferred revenue were RMB416 and RMB3,028, respectively. During the six months ended June 30, 2025 and 2026, the Group recognized revenue of installation services amounted to RMB1,864 and RMB416, respectively, that was included in the corresponding contract liability balance at the beginning of the years. The Group expects to recognize RMB3,028 of the unearned amount for the Group’s remaining performance obligations related to installation services in the next 12 months. During the six months ended June 30, 2025 and 2026, the Group does not have any arrangement where the performance obligations have already been satisfied in the past period, but the corresponding revenue is only recognized in a later period.

VIOMI TECHNOLOGY CO., LTD

NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE SIX MONTHS ENDED JUNE 30, 2025 AND 2026

(Amounts in thousands, except shares, ADS, per share and per ADS data)

2.	SIGNIFICANT ACCOUNTING POLICIES (Continued)

(h)

Current expected credit losses

The Group’s accounts and notes receivable and other receivables from related parties and third parties are within the scope of ASC Topic 326. The Group has identified the relevant risk characteristics of its customers and the related accounts and notes receivable and other receivables based on their credit rating. Receivables with similar risk characteristics have been grouped into pools. For each pool, the Group considers the historical credit loss experience, current economic conditions, supportable forecasts of future economic conditions, and any recoveries in assessing the lifetime expected credit losses. Other key factors that influence the expected credit loss analysis include payment terms offered in the normal course of business to customers and industry-specific factors that could impact the Group’s receivables. Additionally, macroeconomic factors are also considered. This is assessed at each period based on the Group’s specific facts and circumstances. For the six months ended June 30, 2025, and 2026, the Group recorded expected credit losses of RMB11,565 and RMB1,792, respectively in general and administrative expenses. As of December 31, 2025 and June 30, 2026, the expected credit loss provision for the accounts and notes receivable and other receivables is RMB6,750 and RMB5,334, respectively. The decrease is primarily attributable to the reversal of allowance for expected credit loss.

The following table summarizes the activity in the allowance for credit losses related to accounts and notes receivable and other receivables from related parties for the six months ended June 30, 2025, and 2026:

	Six Months ended June 30,
	2025			2026
	RMB			RMB
	(unaudited)			(unaudited)
Balance at beginning of the period		10,965			6,750
Current period provision		11,874			2,007
Reversals		(309	)		(215	)
Write off		(2,083	)		(3,208	)
Balance at end of the period		20,447			5,334

(i)

Income taxes

Current income taxes are provided on the basis of net income for financial reporting purposes, adjusted for income and expense items which are not assessable or deductible for income tax purposes, in accordance with the regulations of the relevant tax jurisdictions. Deferred income taxes are accounted for using an asset and liability method. Under this method, deferred income taxes are recognized for the tax consequences of temporary differences by applying enacted statutory rates applicable to future years to differences between the financial statement carrying amounts and the tax bases of existing assets and liabilities. The tax base of an asset or liability is the amount attributed to that asset or liability for tax purpose. The effect on deferred taxes of a change in tax rates is recognized in the consolidated statements of comprehensive income (loss) in the period of change. A valuation allowance is provided to reduce the amount of deferred tax assets if it is considered more likely than not that some portion of, or all of the deferred tax assets will not be realized.

Uncertain tax positions

The guidance on accounting for uncertainties in income taxes prescribes a more likely than not threshold for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. Guidance was also provided on the recognition of income tax assets and liabilities, classification of current and deferred income tax assets and liabilities, accounting for interest and penalties associated with tax positions, accounting for income taxes in interim periods, and income tax disclosures. Significant judgment is required in evaluating the Group’s uncertain tax positions and determining its provision for income taxes. The Group recognizes interests and penalties, if any, under accrued expenses and other current liabilities on its consolidated balance sheets and under other expenses in its consolidated statements of comprehensive income (loss). The Group did not recognize any interest and penalties associated with uncertain tax positions for the six months ended June 30, 2025 and 2026. As of December 31, 2025 and June 30, 2026, the Group did not have any significant unrecognized uncertain tax positions.

VIOMI TECHNOLOGY CO., LTD

NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE SIX MONTHS ENDED JUNE 30, 2025 AND 2026

(Amounts in thousands, except shares, ADS, per share and per ADS data)

2.	SIGNIFICANT ACCOUNTING POLICIES (Continued)

(j)

Statutory reserves

The Company’s subsidiaries and VIEs established in the PRC are required to make appropriations to certain non-distributable reserve funds.

In accordance with the laws applicable to the Foreign Investment Enterprises established in the PRC, the Company’s subsidiaries registered as wholly-owned foreign enterprise have to make appropriations from their annual after-tax profits (as determined under generally accepted accounting principles in the PRC (“PRC GAAP) to reserve funds including general reserve fund, enterprise expansion fund and staff bonus and welfare fund. The appropriation to the general reserve fund must be at least 10% of the annual after-tax profits calculated in accordance with PRC GAAP. Appropriation is not required if the general reserve fund has reached 50% of the registered capital of the company. Appropriations to the enterprise expansion fund and staff bonus and welfare fund are made at the respective company’s discretion.

In addition, in accordance with the PRC Company Laws, the Group’s VIEs registered as Chinese domestic company must make appropriations from its annual after-tax profits as determined under the PRC GAAP to non-distributable reserve funds including statutory surplus fund and discretionary surplus fund. The appropriation to the statutory surplus fund must be 10% of the annual after-tax profits as determined under PRC GAAP. Appropriation is not required if the statutory surplus fund has reached 50% of the registered capital of the company. Appropriation to the discretionary surplus fund is made at the discretion of the company.

The use of the general reserve fund, enterprise expansion fund, statutory surplus fund and discretionary surplus fund are restricted to offsetting of losses or increasing of the registered capital of the respective company. The staff bonus and welfare fund are a liability in nature and is restricted to fund payments of special bonus to employees and for the collective welfare of all employees. None of these reserves are allowed to be transferred to the Company in terms of cash dividends, loans or advances, nor can they be distributed except under liquidation.

The appropriations to statutory reserve funds amounted to nil and RMB3 during the six months ended June 30, 2025 and 2026. Statutory reserve funds amounting to RMB39,010 and RMB39,013 were recognized in additional paid-in capital as of December 31, 2025 and June 30, 2026, respectively.

(k)

Income (Loss) per share

Basic income (loss) per share is computed by dividing net income (loss) attributable to ordinary shareholders by the weighted average number of ordinary shares outstanding during the period using the two-class method. Under the two-class method, net income is allocated between ordinary shares and other participating securities based on their participating rights. Net losses are not allocated to other participating securities if based on their contractual terms they are not obligated to share the losses.

Diluted income (loss) per share is calculated by dividing net income (loss) attributable to ordinary shareholders, as adjusted for the effect of dilutive ordinary equivalent shares, if any, by the weighted average number of ordinary and dilutive ordinary equivalent shares outstanding during the period. Ordinary equivalent shares consist of ordinary shares issuable upon the exercise of share options using the treasury stock method. Ordinary equivalent shares are not included in the denominator of the diluted loss per share calculation when inclusion of such shares would be anti-dilutive.

VIOMI TECHNOLOGY CO., LTD

NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE SIX MONTHS ENDED JUNE 30, 2025 AND 2026

(Amounts in thousands, except shares, ADS, per share and per ADS data)

2.	SIGNIFICANT ACCOUNTING POLICIES (Continued)

(l)

Recently issued accounting pronouncements

Recently issued accounting pronouncements adopted

In December 2023, the FASB issued ASU No. 2023-09, Improvements to Income Tax Disclosures (Topic 740). The ASU requires disaggregated information about a reporting entity’s effective tax rate reconciliation as well as additional information on income taxes paid. The ASU is effective on a prospective basis for annual periods beginning after December 15, 2024. Early adoption is also permitted for annual financial statements that have not yet been issued or made available for issuance. The Group adopted ASU No. 2023-09 from the annual period beginning from January 1, 2025. The adoption of this standard did not have a material impact to its unaudited condensed consolidated financial statements.

In July 2025, the FASB issued ASU No. 2025-05, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses for Accounts Receivable and Contract Assets. This ASU provides a practical expedient for all entities related to the estimation of expected credit losses for current accounts receivable and current contract assets that arise from transactions accounted for under Topic 606. The standard is effective for annual periods beginning after December 15, 2025. Early adoption of ASU 2025-05 is permitted and should be applied prospectively. The Group adopted this guidance effective January 1, 2026. The adoption of this standard did not have a material impact to its unaudited condensed consolidated financial statements.

Recently issued accounting pronouncements not yet adopted

In November 2024, the FASB issued ASU No. 2024-03, “Income Statement-Reporting Comprehensive Income-Expense Disaggregation Disclosures. This ASU requires entities to 1. disclose amounts of (a) purchase of inventory, (b) employee compensation, (c) depreciation, (d) intangible asset amortization, and, (e) depreciation, depletion, and amortization recognized as part of oil-and gas-producing activities, 2. include certain amounts that are already required to be disclosed under current Generally Accepted Accounting Principles in the same disclosures as other disaggregation requirements, 3. disclose a qualitative description of the amounts remaining in relevant expense captions that are not necessarily disaggregated quantitatively, and 4. disclose the total amount of selling expenses, in annual reporting periods, an entity’s definition of selling expense. The ASU is effective for annual reporting periods beginning after December 15, 2026 and interim reporting periods beginning after December 15, 2027. Additionally, in January 2025, the FASB issued ASU No. 2025-01 to clarify the effective date of ASU 2024-03. The standard provides guidance to expand disclosures related to the disaggregation of income statement expenses. The standard requires, in the notes to the financial statements, disclosure of specified information about certain costs and expenses which includes purchases of inventory, employee compensation, depreciation, and intangible asset amortization included in each relevant expense caption. This guidance is effective for fiscal years beginning after December 15, 2026, and interim periods within annual reporting periods beginning after December 15, 2027, on a retrospective or prospective basis, with early adoption permitted. The Group plans to adopt this guidance effective January 1, 2027 and the Group is currently evaluating the impact of adopting this ASU on its unaudited condensed consolidated financial statements.

In November 2025, the FASB issued ASU 2025-08, Financial Instruments—Credit Losses (Topic 326): Purchased Loans (ASU 2025-08). The amendments expand the population of acquired loans subject to the gross-up approach, treating non-credit-deteriorated loans (excluding credit cards) as “seasoned” if purchased at least 90 days after origination or acquired in a business combination. ASU 2025-08 is effective for annual reporting periods beginning after December 15, 2026 and interim reporting periods within those annual reporting periods, and the Group is currently evaluating the impact of adopting this ASU on its unaudited condensed consolidated financial statements.

In December 2025, the FASB issued ASU 2025-10, Government Grants (Topic 832): Accounting for Government Grants Received by Business Entities (ASU 2025-10), introducing U.S. GAAP guidance on the accounting for government grants for business entities. The new standard closely aligns with International Accounting Standard (IAS) 20, Accounting for Government Grants and Disclosure of Government Assistance, covering monetary and tangible nonmonetary assets received from governments while excluding exchange transactions. ASU 2025-10 is effective for annual periods beginning after December 15, 2028 (including interim periods within) and one year later for all other entities, with early adoption permitted. The Group is currently evaluating the impact of adopting this ASU on its unaudited condensed consolidated financial statements.

Recently issued ASUs by the FASB, except for the ones mentioned above, are not expected to have a significant impact on the Group’s unaudited condensed consolidated results of operations or financial position. Other accounting standards that have been issued or proposed by FASB that do not require adoption until a future date are not expected to have a material impact on the unaudited condensed consolidated financial statements upon adoption. The Group does not discuss recent pronouncements that are not anticipated to have an impact on or are unrelated to its unaudited condensed consolidated financial condition, results of operations, cash flows, or disclosures.

VIOMI TECHNOLOGY CO., LTD

NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE SIX MONTHS ENDED JUNE 30, 2025 AND 2026

(Amounts in thousands, except shares, ADS, per share and per ADS data)

INCOME TAX EXPENSES (Details Narrative) ¥ in Thousands	4 Months Ended	6 Months Ended			8 Months Ended	12 Months Ended
INCOME TAX EXPENSES (Details Narrative) ¥ in Thousands	Apr. 30, 2021	Jun. 30, 2026 CNY (¥)	Jun. 30, 2026 HKD ($)	Jun. 30, 2025	Dec. 31, 2021	Dec. 31, 2025 CNY (¥)	Dec. 31, 2020
Operating Loss Carryforwards [Line Items]
Income tax rate		25.00%	25.00%	25.00%
Uncertain tax positions \| ¥		¥ 0				¥ 0
Hong Kong Income Tax Within Two Million [Member]
Operating Loss Carryforwards [Line Items]
Investment company tax return of capital distribution \| $			$ 2
Hong Kong Income Tax Beyond Two Million [Member]
Operating Loss Carryforwards [Line Items]
Investment company tax return of capital distribution \| $			$ 2
HONG KONG \| Hong Kong Income Tax Within Two Million [Member]
Operating Loss Carryforwards [Line Items]
Income tax rate		8.25%	8.25%
HONG KONG \| Hong Kong Income Tax Beyond Two Million [Member]
Operating Loss Carryforwards [Line Items]
Income tax rate		16.50%	16.50%
CHINA
Operating Loss Carryforwards [Line Items]
Percentage of qualified research and development expenses enterprises are entitled to claim as additional tax deduction	75.00%	50.00%	50.00%		100.00%		50.00%
Withholding tax rate		10.00%	10.00%
Undistributed earnings available for distribution \| ¥		¥ 344,825				¥ 334,248
Statute of limitations year		3 years	3 years
Statute of limitations extended period		5 years	5 years
CHINA \| PRC and Hong Kong Special Administrative Region [Member]
Operating Loss Carryforwards [Line Items]
Withholding tax rate		5.00%	5.00%
CHINA \| Arrangement between PRC and Hong Kong Special Administrative Region on Avoidance of Double Taxation and Prevention of Fiscal Evasion with Respect to Taxes on Income and Capital [Member]
Operating Loss Carryforwards [Line Items]
Withholding tax rate		10.00%	10.00%
Minimum percentage of equity interests		25.00%	25.00%
CHINA \| Latest Tax Year [Member]
Operating Loss Carryforwards [Line Items]
Percentage of qualified research and development expenses enterprises are entitled to claim as additional tax deduction		75.00%	75.00%
CHINA \| New Technology Enterprises [Member]
Operating Loss Carryforwards [Line Items]
Income tax rate		15.00%	15.00%
CHINA \| Enterprise Income Tax [Member]
Operating Loss Carryforwards [Line Items]
Income tax rate		25.00%	25.00%
CHINA \| Subsidiaries And Variable Interest Entities And Predecessor Operations [Member]
Operating Loss Carryforwards [Line Items]
Income tax rate		25.00%	25.00%

SCHEDULE OF PREPAID EXPENSES AND OTHER ASSETS (Details) ¥ in Thousands, $ in Thousands	Jun. 30, 2026 USD ($)	Jun. 30, 2026 CNY (¥)	Dec. 31, 2025 CNY (¥)
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Advances to suppliers		¥ 67,404	¥ 96,911
Prepaid expenses		18,341	16,101
Other receivables		13,847	45,267
Prepayment for equipment		10,631	17,225
Lease hold improvement		3,630	584
Expected return assets		401	63
Total		114,254	176,151
Less: non-current portion		(14,893)	(19,055)
Prepaid expenses and other assets-current portion	$ 14,644	¥ 99,361	¥ 157,096

SCHEDULE OF SHORT-TERM BORROWINGS (Details) (Parenthetical)
¥ in Thousands, $ in Thousands

Apr. 28, 2026

CNY (¥)

Jan. 21, 2026

CNY (¥)

Jan. 01, 2026

CNY (¥)

Mar. 25, 2025

CNY (¥)

Jan. 08, 2025

CNY (¥)

Jun. 30, 2026

USD ($)

Jun. 30, 2026

CNY (¥)

Dec. 31, 2025

CNY (¥)

Short-Term Debt [Line Items]

Short-term borrowing

$ 7,369

¥ 50,000

¥ 40,000

Maturity date

Apr. 27, 2027

Jan. 21, 2027

Dec. 31, 2026

Mar. 26, 2026

Jan. 15, 2026

Bank of China [Member]

Short-Term Debt [Line Items]

Short-term borrowing

¥ 20,000

¥ 10,000

¥ 20,000

¥ 30,000

10,000

^[1]

30,000

^[1]

Short term debt term

one year

Fixed interest rate

2.31%

2.30%

2.25%

2.85%

Industrial and Commercial Bank of China [Member]

Short-Term Debt [Line Items]

Short-term borrowing

¥ 10,000

^[2]

¥ 10,000

^[2]

Short term debt term

one year

Fixed interest rate

2.75%

[1]	On January 8, 2025, the Group entered into a loan agreement with Bank of China to borrow RMB30.0 million as working capital for one year. The loan was withdrawn on January 15, 2025 and as a maturity date in January 15, 2026. The loan has a fixed interest rate of 2.85% per annum. The loan was fully repaid upon maturity.
[2]	On March 25, 2025, the Group entered into a loan agreement with Industrial and Commercial Bank to borrow RMB10.0 million as working capital for one year, with a maturity date of March 26, 2026. These loans have a fixed interest rate of 2.75% per annum. The loan was fully repaid upon maturity.

- Definition

Date when the debt instrument is scheduled to be fully repaid, in YYYY-MM-DD format.

+ References + Details

- Definition

Reflects the total carrying amount as of the balance sheet date of debt having initial terms less than one year or the normal operating cycle, if longer.

+ References + Details

SHARE-BASED COMPENSATION (Details Narrative) ¥ / shares in Units, $ / shares in Units, ¥ in Thousands, $ in Thousands	6 Months Ended
	Jun. 30, 2026 USD ($) $ / shares shares	Jun. 30, 2026 USD ($) ¥ / shares shares	Jun. 30, 2025 CNY (¥) $ / shares shares	Jun. 30, 2025 CNY (¥) ¥ / shares shares	Jun. 30, 2026 CNY (¥) shares	Nov. 30, 2020 CNY (¥)	Sep. 17, 2015 shares
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of share options granted to employees under stock incentive plans	1,210,000	1,210,000	780,000	780,000
Weighted average grant date fair value of options granted \| (per share)	$ 1.01	¥ 6.96	$ 0.45	¥ 3.08
Unrecognized compensation expenses related to options	$ 3,485	¥ 3,485	$ 40,415	¥ 40,415	¥ 24,023
Guangdong Lizi Technology Company Limited [Member] \| Sunglow Wealth H K Limited [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Equity interests						1.00%
Equity investments amount \| ¥						¥ 175
2015 Share Incentive Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Maximum number of shares issued under share incentive plan							12,727,272
2018 Share Incentive Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Maximum number of shares issued under share incentive plan	34,186,675	34,186,675			34,186,675
Number of share options granted to employees under stock incentive plans	1,210,000	1,210,000	780,000	780,000
2018 Share Incentive Plan [Member] \| Share-Based Payment Arrangement, Tranche One [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share options vested percentage	40.00%	40.00%	40.00%	40.00%
2018 Share Incentive Plan [Member] \| Share-Based Payment Arrangement, Tranche Two [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share options vested percentage	60.00%	60.00%	60.00%	60.00%

SEGMENT REPORTING (Details Narrative)	6 Months Ended
SEGMENT REPORTING (Details Narrative)	Jun. 30, 2026 Integer
Segment Reporting [Abstract]
Number of reportable segment	1
Number of operating segment	1

Unaudited Condensed Parent Company Statements of Cash Flows (Details) ¥ in Thousands, $ in Thousands	6 Months Ended
	Jun. 30, 2026 USD ($)	Jun. 30, 2026 CNY (¥)	Jun. 30, 2025 CNY (¥)
Condensed Financial Statements, Captions [Line Items]
Net cash provided by operating activities	$ (6,948)	¥ (47,137)	¥ 227,478
Net cash used in by investing activities	(16,641)	(112,917)	(310,599)
Net cash used in financing activities	(6,232)	(42,287)	(31,264)
Effect of exchanges rates on cash and cash equivalents	(1,704)	(11,561)	(3,338)
Net increase (decrease) in cash and cash equivalents	(31,525)	(213,902)	(117,723)
Cash and cash equivalents and restricted cash at the beginning of the year	143,112	971,030	1,167,480
Cash and cash equivalents and restricted cash at the end of the year	$ 111,587	757,128	1,049,757
Parent Company [Member]
Condensed Financial Statements, Captions [Line Items]
Net cash provided by operating activities		83,059	447,348
Net cash used in by investing activities		(23,838)	(238,896)
Net cash used in financing activities		(31,912)	(35,629)
Effect of exchanges rates on cash and cash equivalents		(27,857)	15,425
Net increase (decrease) in cash and cash equivalents		(548)	188,248
Cash and cash equivalents and restricted cash at the beginning of the year		2,918	164,583
Cash and cash equivalents and restricted cash at the end of the year		¥ 2,370	¥ 352,831

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name Regulation S-X (SX)
-Number 210
-Section 12
-Subsection 04
-Paragraph a
-Publisher SEC

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Name Regulation S-X (SX)
-Number 210
-Section 9
-Subsection 06
-Publisher SEC

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Name Regulation S-X (SX)
-Number 210
-Section 7
-Subsection 05
-Paragraph c
-Subparagraph Schedule II
-Publisher SEC

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Name Regulation S-X (SX)
-Number 210
-Section 5
-Subsection 04
-Paragraph c
-Subparagraph Schedule I
-Publisher SEC

Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 942
-SubTopic 235
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.9-06)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477314/942-235-S99-2

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.7-05(c)(Schedule II))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479913/944-10-S99-3

Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 205
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 6
-Subparagraph (SX 210.5-04(c)(Schedule I))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480922/205-10-S99-6

Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480738/235-10-S50-4

Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-04(a))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3

Reference 10: http://www.xbrl.org/2003/role/recommendedDisclosureRef
-Topic 810
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 11
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481231/810-10-45-11

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 205
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 7
-Subparagraph (SAB Topic 1.B.2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480922/205-10-S99-7

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 205
-SubTopic 10
-Name Accounting Standards Codification
-Section S50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481003/205-10-S50-2

+ Details

FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Jun. 30, 2026

Fair Value Disclosures [Abstract]

SUMMARY OF ASSETS MEASURED AT FAIR VALUE ON RECURRING BASIS

The following table summarizes the Group’s assets that are measured at fair value on a recurring basis and are categorized using the fair value hierarchy as of December 31, 2025 and June 30, 2026:

	Level 1		Level 2 ⁽ⁱ⁾		Level 3		Total
As of June 30, 2026
Short-term investments		-		120,805		-		120,805
As of December 31, 2025
Short-term investments		-		82,598		-		82,598

(i)

These short-term investments represent mainly company securities and structured deposits, and the Company values these short-term investments based on quoted prices of similar products provided by banks at the end of each period, and accordingly, the Company classifies the valuation techniques that use these inputs as Level 2.

PREPAID EXPENSES AND OTHER ASSETS

6 Months Ended

Jun. 30, 2026

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

PREPAID EXPENSES AND OTHER ASSETS

8.	PREPAID EXPENSES AND OTHER ASSETS

	As of December 31,			As of June 30,
	2025			2026
	RMB			RMB
				(unaudited)
Advances to suppliers		96,911			67,404
Prepaid expenses		16,101			18,341
Other receivables		45,267			13,847
Prepayment for equipment		17,225			10,631
Lease hold improvement		584			3,630
Expected return assets		63			401
Total		176,151			114,254
Less: non-current portion		(19,055	)		(14,893	)
Prepaid expenses and other assets-current portion		157,096			99,361

RELATED PARTY TRANSACTIONS

6 Months Ended

Jun. 30, 2026

RELATED PARTY TRANSACTIONS

19.

RELATED PARTY TRANSACTIONS

Name	Relationship with the Group
Foshan Viomi and its subsidiaries (“Foshan Viomi”)	Controlled by a principal shareholder of the Company
Xiaomi	Shareholder of the Group

The Group’s relationship and transaction with Xiaomi

Xiaomi is the Group’s strategic partner and shareholder.

The Group’s sales to Xiaomi are governed by a business cooperation agreement, pursuant to which Xiaomi is responsible for the distribution and sales of such products through their network and sales channels.

The Group also sells products through Xiaomi’s online e-commerce channel Xiaomiyoupin.com, and is charged of commissions pursuant to a commission sales agreement.

VIOMI TECHNOLOGY CO., LTD

NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE SIX MONTHS ENDED JUNE 30, 2025 AND 2026

(Amounts in thousands, except shares, ADS, per share and per ADS data)

19.

RELATED PARTY TRANSACTIONS (Continued)

Transactions with Foshan Viomi

The Group sells water purifiers and other products to and purchases raw materials from Foshan Viomi. In addition, The Group leases its office premises to Foshan Viomi, and the Group also engages Foshan Viomi for other services such as transportation services, maintenance services as well as installation services etc.

SUMMARY OF RELATED PARTY TRANSACTIONS

(1)

Amount due from/to related parties

	As of December 31,		As of June 30,
	2025		2026
	RMB		RMB
			(unaudited)
Accounts receivable from related parties:
Xiaomi^(a)		304,078		366,158
Foshan Viomi^(c)		36,095		23,760
Total		340,173		389,918
Accounts receivable from a related party		340,173		389,918

Other receivables from related parties:
Other receivables from Xiaomi		200		537
Total		200		537
Other receivables from related parties		200		537

Amounts due to related parties:
Purchase and other payable to Xiaomi^(a)		596		2,668
Amounts due to related parties		596		2,668

(2)

Purchase from related parties

	2025		2026
	Six Months ended June 30,
	2025		2026
	RMB		RMB
	(unaudited)		(unaudited)
Foshan Viomi^(c)		5,366		9,798
Total		5,366		9,798
Purchase from related parties		5,366		9,798

VIOMI TECHNOLOGY CO., LTD

NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE SIX MONTHS ENDED JUNE 30, 2025 AND 2026

(Amounts in thousands, except shares, ADS, per share and per ADS data)

19.

RELATED PARTY TRANSACTIONS (Continued)

(3)

Revenue from related parties

	2025		2026
	Six Months ended June 30,
	2025		2026
	RMB		RMB
	(unaudited)		(unaudited)
Xiaomi^(a)		1,347,652		652,894
Foshan Viomi^(c)		13,314		13,244
Total		1,360,966		666,138
Revenue from related parties		1,360,966		666,138

(4)

Selling and marketing expenses

	2025		2026
	Six Months ended June 30,
	2025		2026
	RMB		RMB
	(unaudited)		(unaudited)
Commission expenses charged by Xiaomi^(b)		22,596		16,047
Other expenses charged by Foshan Viomi^(d)		5,460		3,465
Total		28,056		19,512
Selling and marketing expenses		28,056		19,512

	(a)	The Group both sells water purifiers and other products to and purchase Xiaomi branded products and certain raw materials from Xiaomi. The amount due from Xiaomi represents receivable arising from sales of water purifiers and other products. The balance due to Xiaomi represents payable arising from purchase of Xiaomi branded products and certain raw materials.

	(b)	The Group sells its own brand products on the E-platform of Xiaomi, which charges the Group commission and technical service fees, also Xiaomi provides advertising and promotion service. The amount due from Xiaomi represents sales receivable net of commission, advertising and promotion service.

		Certain amounts in prior periods have been reclassified to conform with current period presentation. These reclassifications had no impact on the Group’s consolidated financial statements.
	(c)	The Group purchases certain raw materials from Foshan Viomi and its subsidiaries. The Group also sells its own branded products to Foshan Viomi, and provides rental services, and other services to Foshan Viomi and its subsidiaries.

	(d)	The Group’s related party provides transportation services, maintenance services, promotion services as well as installation services for the Group.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References

+ Details

SUBSEQUENT EVENT

6 Months Ended

Jun. 30, 2026

Subsequent Events [Abstract]

SUBSEQUENT EVENT

24.

SUBSEQUENT EVENT

The Group has evaluated the impact of events that have occurred subsequent to June 30, 2026, through September 30, 2026, the issuance date of the unaudited condensed consolidated financial statements, and concluded that no subsequent events have occurred that would require recognition in the unaudited condensed consolidated financial statements or disclosure in the notes to the unaudited condensed consolidated financial statements.

VIOMI TECHNOLOGY CO., LTD

NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE SIX MONTHS ENDED JUNE 30, 2025 AND 2026

(Amounts in thousands, except shares, ADS, per share and per ADS data)

REVENUE (Tables)

6 Months Ended

Jun. 30, 2026

Revenue from Contract with Customer [Abstract]

SCHEDULE OF REVENUE

	2025		2026
	Six Months ended June 30,
	2025		2026
	RMB		RMB
	(unaudited)		(unaudited)
Sales of products
- Home water solutions		1,058,318		473,374
- Consumables		123,182		131,743
- Kitchen appliances and others		286,048		127,260
Total of sales of products		1,467,548		732,377
Rendering of services		10,071		7,619
Total		1,477,619		739,996

CONCENTRATION AND RISKS (Tables)

6 Months Ended

Jun. 30, 2026

Risks and Uncertainties [Abstract]

SUMMARY OF CONCENTRATION OF RISK

Concentration risk of accounts and notes receivable from third parties are presented as below:

SUMMARY OF CONCENTRATION OF RISK

	As of December 31,				As of June 30,
	2025				2026
	RMB				RMB
					(unaudited)
Company A		16,070	51	%		9,174	35	%
Company B		6,004	19	%		6,237	24	%

Concentration risk of accounts receivable from related parties are presented as below:

	As of December 31,				As of June 30,
	2025				2026
	RMB				RMB
					(unaudited)
Xiaomi		304,078	89	%		366,158	94	%
Foshan Viomi		36,095	11	%		23,760	6	%

Concentration risk of other receivables from related parties are presented as below:

	As of December 31,				As of June 30,
	2025				2026
	RMB				RMB
					(unaudited)
Xiaomi		200	100	%		537	100	%

(c)

Revenue concentration risk

	Six Months ended June 30,
	2025				2026
	RMB				RMB
	(unaudited)				(unaudited)
Xiaomi		1,347,652	91	%		652,894	88	%

LAND USE RIGHT, NET (Tables)

6 Months Ended

Jun. 30, 2026

Land Use Right Net

SUMMARY OF LAND USE RIGHT, NET

	As of December 31,			As of June 30,
	2025			2026
	RMB			RMB
				(unaudited)
Land use right		63,618			63,618
Less: accumulated amortization		(6,987	)		(7,623	)
Land use right, net		56,631			55,995

SCHEDULE OF ESTIMATED FUTURE AMORTIZATION EXPENSE FOR LAND USE RIGHTS

The estimated future amortization expense for land use rights as of June 30, 2026 is as follows:

	RMB
Remaining in fiscal year 2026		637
2027		1,273
2028		1,273
2029		1,273
2030		1,273
Thereafter		50,266
Total		55,995

INVENTORIES, NET (Tables)

6 Months Ended

Jun. 30, 2026

Inventory Disclosure [Abstract]

SCHEDULE OF INVENTORIES

Inventories, net consisted of the followings:

SCHEDULE OF INVENTORIES

	As of December 31,		As of June 30,
	2025		2026
	RMB		RMB
			(unaudited)
Finished goods		105,315		87,507
Raw materials		21,564		28,848
Inventories, net		126,879		116,355

CASH AND CASH EQUIVALENTS (Tables)

6 Months Ended

Jun. 30, 2026

Cash and Cash Equivalents [Abstract]

SUMMARY OF CASH AND CASH EQUIVALENTS

Cash and cash equivalents represent cash on hand and demand deposits placed with banks or other financial institutions. Cash and cash equivalents balance as of December 31, 2025 and June 30, 2026 primarily consist of the following currencies:

SUMMARY OF CASH AND CASH EQUIVALENTS

	Amount		RMB equivalent		Amount		RMB equivalent
	As of December 31, 2025				As of June 30, 2026
	Amount		RMB equivalent		Amount		RMB equivalent

					(unaudited)
RMB		642,729		642,729		512,545		512,545
US$		22,589		158,775		12,920		87,999
Other (i)		107,755		5,095		102,694		3,246
Cash and cash equivalents				806,599				603,790

(i)	As of June 30, 2026, other currency primarily consists of Korean Won.

SCHEDULE OF CURRENT AND DEFERRED COMPONENTS (Details) ¥ in Thousands, $ in Thousands	6 Months Ended
	Jun. 30, 2026 USD ($)	Jun. 30, 2026 CNY (¥)	Jun. 30, 2025 CNY (¥)
Income Tax Disclosure [Abstract]
Current tax expenses		¥ 3,836	¥ 18,520
Deferred tax benefits		(13,322)	(1,514)
Income tax expenses (benefits)	$ (1,398)	¥ (9,486)	¥ 17,006

- Definition

Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (ee)
-Publisher FASB
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Reference 2: http://www.xbrl.org/2003/role/disclosureRef
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Reference 3: http://www.xbrl.org/2003/role/exampleRef
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-URI https://asc.fasb.org/1943274/2147476153/220-40-55-4

Reference 5: http://www.xbrl.org/2003/role/exampleRef
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Reference 6: http://www.xbrl.org/2003/role/exampleRef
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Reference 7: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

CASH AND CASH EQUIVALENTS

6 Months Ended

Jun. 30, 2026

Cash and Cash Equivalents [Abstract]

CASH AND CASH EQUIVALENTS

4.	CASH AND CASH EQUIVALENTS

SUMMARY OF CASH AND CASH EQUIVALENTS

	Amount		RMB equivalent		Amount		RMB equivalent
	As of December 31, 2025				As of June 30, 2026
	Amount		RMB equivalent		Amount		RMB equivalent

					(unaudited)
RMB		642,729		642,729		512,545		512,545
US$		22,589		158,775		12,920		87,999
Other (i)		107,755		5,095		102,694		3,246
Cash and cash equivalents				806,599				603,790

(i)	As of June 30, 2026, other currency primarily consists of Korean Won.

VIOMI TECHNOLOGY CO., LTD

NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE SIX MONTHS ENDED JUNE 30, 2025 AND 2026

(Amounts in thousands, except shares, ADS, per share and per ADS data)

SIGNIFICANT ACCOUNTING POLICIES (Policies)

6 Months Ended

Jun. 30, 2026

Accounting Policies [Abstract]

Basis of presentation

(a)

Basis of presentation

Consolidation

(b)

Consolidation

Use of estimates

(c)

Use of estimates

Foreign currency translation

(d)

Foreign currency translation

VIOMI TECHNOLOGY CO., LTD

NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE SIX MONTHS ENDED JUNE 30, 2025 AND 2026

(Amounts in thousands, except shares, ADS, per share and per ADS data)

2.	SIGNIFICANT ACCOUNTING POLICIES (Continued)

Convenience translation

(e)

Convenience translation

Accounts receivable

(f)

Accounts receivable

Revenue recognition

(g)

Revenue recognition

1)	The Group conducts its business through various contractual arrangements.

Sales to Xiaomi

The Group generated a substantial portion of its revenues from sales of products to Xiaomi.

VIOMI TECHNOLOGY CO., LTD

NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE SIX MONTHS ENDED JUNE 30, 2025 AND 2026

(Amounts in thousands, except shares, ADS, per share and per ADS data)

2.	SIGNIFICANT ACCOUNTING POLICIES (Continued)

- Sales to leading e-commerce platforms and offline experience stores

- Sales to customers directly through the online platforms operated by Xiaomi, third parties and the Group

- Rendering of services

2)	Sales returns and sales incentives

VIOMI TECHNOLOGY CO., LTD

NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE SIX MONTHS ENDED JUNE 30, 2025 AND 2026

(Amounts in thousands, except shares, ADS, per share and per ADS data)

2.	SIGNIFICANT ACCOUNTING POLICIES (Continued)

Warranty

4)	Value added taxes

5)	Contract balances

VIOMI TECHNOLOGY CO., LTD

NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE SIX MONTHS ENDED JUNE 30, 2025 AND 2026

(Amounts in thousands, except shares, ADS, per share and per ADS data)

2.	SIGNIFICANT ACCOUNTING POLICIES (Continued)

Current expected credit losses

(h)

Current expected credit losses

	Six Months ended June 30,
	2025			2026
	RMB			RMB
	(unaudited)			(unaudited)
Balance at beginning of the period		10,965			6,750
Current period provision		11,874			2,007
Reversals		(309	)		(215	)
Write off		(2,083	)		(3,208	)
Balance at end of the period		20,447			5,334

Income taxes

(i)

Income taxes

Uncertain tax positions

VIOMI TECHNOLOGY CO., LTD

NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE SIX MONTHS ENDED JUNE 30, 2025 AND 2026

(Amounts in thousands, except shares, ADS, per share and per ADS data)

2.	SIGNIFICANT ACCOUNTING POLICIES (Continued)

Statutory reserves

(j)

Statutory reserves

The Company’s subsidiaries and VIEs established in the PRC are required to make appropriations to certain non-distributable reserve funds.

Income (Loss) per share

(k)

Income (Loss) per share

VIOMI TECHNOLOGY CO., LTD

NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE SIX MONTHS ENDED JUNE 30, 2025 AND 2026

(Amounts in thousands, except shares, ADS, per share and per ADS data)

2.	SIGNIFICANT ACCOUNTING POLICIES (Continued)

Recently issued accounting pronouncements

(l)

Recently issued accounting pronouncements

Recently issued accounting pronouncements adopted

Recently issued accounting pronouncements not yet adopted

BORROWINGS (Tables)

6 Months Ended

Jun. 30, 2026

Debt Disclosure [Abstract]

SCHEDULE OF SHORT-TERM BORROWINGS

Short-term bank loans consisted of the following:

SCHEDULE OF SHORT-TERM BORROWINGS

	As of December 31,		As of June 30,
	2025		2026
	RMB		RMB
			(unaudited)
Agricultural Bank of China ⁽¹⁾		-		40,000
Bank of China ⁽²⁾		30,000		10,000
Industrial and Commercial Bank of China ⁽³⁾		10,000		-
Total		40,000		50,000
Short term borrowings		40,000		50,000

	(1)	On January 1, 2026, the Group entered into a loan agreement with Agricultural Bank of China to borrow RMB20.0 million as working capital for one year, with a maturity date of December 31, 2026. The loan has a fixed interest rate of 2.25% per annum. On April 28, 2026, the Group entered into a loan agreement with Agricultural Bank of China to borrow RMB20.0 million as working capital for one year, with a maturity date of April 27, 2027. The loan has a fixed interest rate of 2.31% per annum.

	(2)	On January 8, 2025, the Group entered into a loan agreement with Bank of China to borrow RMB30.0 million as working capital for one year. The loan was withdrawn on January 15, 2025 and as a maturity date in January 15, 2026. The loan has a fixed interest rate of 2.85% per annum. The loan was fully repaid upon maturity.

On January 21, 2026, the Group entered into a loan agreement with Bank of China to borrow RMB10.0 million as working capital for one year, with a maturity date of January 21, 2027. The loan has a fixed interest rate of 2.30% per annum.

(3)

On March 25, 2025, the Group entered into a loan agreement with Industrial and Commercial Bank to borrow RMB10.0 million as working capital for one year, with a maturity date of March 26, 2026. These loans have a fixed interest rate of 2.75% per annum. The loan was fully repaid upon maturity.

SCHEDULE OF LONG-TERM BORROWINGS

	As of December 31,			As of June 30,
	2025			2026
	RMB			RMB
				(unaudited)
Agricultural Bank of China		76,727			64,146
Total		76,727			64,146

Less: long-term borrowing-current portion		(25,061	)		(24,959	)

Long-term borrowing		51,666			39,187

SCHEDULE OF FUTURE MATURITIES OF LONG-TERM BORROWINGS

The future maturities of long-term borrowings as of June 30, 2026 were as follows:

	RMB
Remaining in fiscal year 2026		12,480
2027		24,959
2028		24,959
2029		1,180
2030		568
Total long-term borrowings		64,146

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 942
-SubTopic 235
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.9-06)
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Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
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+ Details

NET INCOME (LOSS) PER SHARE (Tables)

6 Months Ended

Jun. 30, 2026

Net income (loss) per share attributable to ordinary shareholders of the Company

SUMMARY OF NET INCOME PER SHARE, BASIC AND DILUTED

Basic net income (loss) per share is the amount of net income (loss) available to each share of ordinary shares outstanding during the reporting period. Diluted net income (loss) per share is the amount of net income (loss) available to each share of ordinary shares outstanding during the reporting period adjusted to include the effect of potentially dilutive ordinary shares.

	2025		2026
	Six Months ended June 30,
	2025		2026
	RMB		RMB
	(unaudited)		(unaudited)
Numerator:
Numerator for basic calculation-Net income (loss) attributable to ordinary shareholders		120,395		(26,286	)

Denominator:
Denominator for basic calculation-weighted average ordinary shares outstanding		203,856,436		201,065,185
Dilutive effect of share options		2,008,657		-
Denominator for diluted calculation		205,865,093		201,065,185

Basic net income (loss) per ordinary share		0.59		(0.13	)
Diluted net income (loss) per ordinary share		0.58		(0.13	)

RESTRICTED NET ASSETS

6 Months Ended

Jun. 30, 2026

Receivables [Abstract]

RESTRICTED NET ASSETS

23.

RESTRICTED NET ASSETS

Relevant PRC laws and regulations permit payments of dividends by the Group’s entities incorporated in the PRC only out of their retained earnings, if any, as determined in accordance with PRC accounting standards and regulations. In addition, the Company’s entities in the PRC are required to annually appropriate 10% of their net after-tax income to the statutory general reserve fund prior to payment of any dividends, unless such reserve funds have reached 50% of their respective registered capital. As a result of these and other restrictions under PRC laws and regulations, the Company’s entities incorporated in the PRC are restricted in their ability to transfer a portion of their net assets to the Company either in the form of dividends, loans or advances, which restricted portion amounted to RMB653,035 and RMB623,920 as of December 31, 2025 and June 30, 2026. Even though the Company currently does not require any such dividends, loans or advances from the PRC entities for working capital and other funding purposes, the Company may in the future require additional cash resources from them due to changes in business conditions, to fund future acquisitions and development, or merely to declare and pay dividends or distributions to its shareholders. Except for the above, there is no other restriction on use of proceeds generated by the Group’s subsidiaries and VIEs to satisfy any obligations of the Company.

For the six months ended June 30, 2026, the Company performed a test on the restricted net assets of subsidiaries and VIEs in accordance with Securities and Exchange Commission Regulation S-X Rule 4-08 (e) (3), “General Notes to Financial Statements” and concluded that the restricted net assets exceed 25% of the consolidated net assets of the Company as of June 30, 2026 and the condensed financial information of the Company are required to be presented.

Cash transfers from the Company’s PRC subsidiaries to their parent companies outside of China are subject to PRC government control of currency conversion. Shortages in the availability of foreign currency may temporarily restrict the ability of the PRC subsidiaries and VIEs and their subsidiaries to remit sufficient foreign currency to pay dividends or other payments to the Company, or otherwise satisfy their foreign currency denominated obligation.

SUMMARY OF NET INCOME PER SHARE, BASIC AND DILUTED (Details) - CNY (¥) ¥ / shares in Units, ¥ in Thousands	6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
Net income (loss) per share attributable to ordinary shareholders of the Company
Numerator for basic calculation-Net income (loss) attributable to ordinary shareholders	¥ (26,286)	¥ 120,395
Denominator for basic calculation-weighted average ordinary shares outstanding	201,065,185	203,856,436
Dilutive effect of share options		2,008,657
Denominator for diluted calculation	201,065,185	205,865,093
Basic net income (loss) per ordinary share	¥ (0.13)	¥ 0.59
Diluted net income (loss) per ordinary share	¥ (0.13)	¥ 0.58

- Definition

Amount after tax of income (loss) from continuing operations attributable to the parent.

+ References

+ Details

- Definition

The amount of net income (loss) from continuing operations per each share of common stock or unit outstanding during the reporting period.

+ References

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- Definition

The amount of net income (loss) derived from continuing operations during the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

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+ Details

INVENTORIES, NET (Details Narrative) - CNY (¥) ¥ in Thousands	Jun. 30, 2026	Dec. 31, 2025
Inventory Disclosure [Abstract]
Inventory written down	¥ 1,039	¥ 805

SUMMARY OF LAND USE RIGHT, NET (Details) ¥ in Thousands, $ in Thousands	Jun. 30, 2026 USD ($)	Jun. 30, 2026 CNY (¥)	Dec. 31, 2025 CNY (¥)
Land Use Right Net
Land use right		¥ 63,618	¥ 63,618
Less: accumulated amortization		(7,623)	(6,987)
Land use right, net	$ 8,253	¥ 55,995	¥ 56,631

NET INCOME (LOSS) PER SHARE

6 Months Ended

Jun. 30, 2026

Net income (loss) per share attributable to ordinary shareholders of the Company

NET INCOME (LOSS) PER SHARE

18.

NET INCOME (LOSS) PER SHARE

	2025		2026
	Six Months ended June 30,
	2025		2026
	RMB		RMB
	(unaudited)		(unaudited)
Numerator:
Numerator for basic calculation-Net income (loss) attributable to ordinary shareholders		120,395		(26,286	)

Denominator:
Denominator for basic calculation-weighted average ordinary shares outstanding		203,856,436		201,065,185
Dilutive effect of share options		2,008,657		-
Denominator for diluted calculation		205,865,093		201,065,185

Basic net income (loss) per ordinary share		0.59		(0.13	)
Diluted net income (loss) per ordinary share		0.58		(0.13	)

SUMMARY OF COMPONENTS OF LEASE EXPENSE (Details) - CNY (¥)
¥ in Thousands

6 Months Ended

Jun. 30, 2026

Jun. 30, 2025

Lease cost

Operating lease expense

¥ 863

¥ 868

Short-term lease expense

^[1]

186

Total lease cost

¥ 1,049

¥ 939

[1]	Includes leases with a term of one year or less.

PROPERTY, PLANT, AND EQUIPMENT, NET (Tables)

6 Months Ended

Jun. 30, 2026

Property, Plant, and Equipment [Abstract]

SCHEDULE OF PROPERTY, PLANT, AND EQUIPMENT, NET

	As of December 31,			As of June 30,
	2025			2026
	RMB			RMB
				(unaudited)
Buildings		258,910			258,910
Computers and equipment		171,989			196,988
Vehicles		3,038			3,498
Total		433,937			459,396
Less: accumulated depreciation		(128,505	)		(147,997	)
Property, plant, and equipment, net		305,432			311,399

SCHEDULE OF PROPERTY, PLANT, AND EQUIPMENT, NET (Details) ¥ in Thousands, $ in Thousands	Jun. 30, 2026 USD ($)	Jun. 30, 2026 CNY (¥)	Dec. 31, 2025 CNY (¥)
Property, Plant, and Equipment [Line Items]
Total		¥ 459,396	¥ 433,937
Less: accumulated depreciation		(147,997)	(128,505)
Property, plant, and equipment, net	$ 45,895	311,399	305,432
Building [Member]
Property, Plant, and Equipment [Line Items]
Total		258,910	258,910
Computer Equipment [Member]
Property, Plant, and Equipment [Line Items]
Total		196,988	171,989
Vehicles [Member]
Property, Plant, and Equipment [Line Items]
Total		¥ 3,498	¥ 3,038

- Definition

Amount of accumulated depreciation, depletion, and amortization of property, plant, and equipment. Includes, but is not limited to, land and land improvement; building; machinery and equipment; furniture and fixture; and work of art, historical treasure, or similar asset classified as collection.

+ References + Details

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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- Definition

Amount, after accumulated depreciation, depletion, and amortization, of property, plant, and equipment. Includes, but is not limited to, land and land improvement; building; machinery and equipment; furniture and fixture; and work of art, historical treasure, or similar asset classified as collection.

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Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 210
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-Section S99
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+ Details

COMMITMENTS AND CONTINGENCIES (Tables)

6 Months Ended

Jun. 30, 2026

Commitments and Contingencies Disclosure [Abstract]

SUMMARY OF CAPITAL AND OTHER COMMITMENT

Capital expenditures contracted for at the balance sheet dates but not recognized in the unaudited condensed consolidated financial statements are as follows:

SUMMARY OF CAPITAL AND OTHER COMMITMENT

	As of December 31,		As of June 30,
	2025		2026
		RMB		RMB
				(unaudited)
Property, plant, and equipment		57,147		57,772

BORROWINGS

6 Months Ended

Jun. 30, 2026

Debt Disclosure [Abstract]

BORROWINGS

11.

BORROWINGS

(1)

Short-term borrowings

Short-term bank loans consisted of the following:

SCHEDULE OF SHORT-TERM BORROWINGS

	As of December 31,		As of June 30,
	2025		2026
	RMB		RMB
			(unaudited)
Agricultural Bank of China ⁽¹⁾		-		40,000
Bank of China ⁽²⁾		30,000		10,000
Industrial and Commercial Bank of China ⁽³⁾		10,000		-
Total		40,000		50,000
Short term borrowings		40,000		50,000

	(1)	On January 1, 2026, the Group entered into a loan agreement with Agricultural Bank of China to borrow RMB20.0 million as working capital for one year, with a maturity date of December 31, 2026. The loan has a fixed interest rate of 2.25% per annum. On April 28, 2026, the Group entered into a loan agreement with Agricultural Bank of China to borrow RMB20.0 million as working capital for one year, with a maturity date of April 27, 2027. The loan has a fixed interest rate of 2.31% per annum.

	(2)	On January 8, 2025, the Group entered into a loan agreement with Bank of China to borrow RMB30.0 million as working capital for one year. The loan was withdrawn on January 15, 2025 and as a maturity date in January 15, 2026. The loan has a fixed interest rate of 2.85% per annum. The loan was fully repaid upon maturity.

(3)

VIOMI TECHNOLOGY CO., LTD

NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE SIX MONTHS ENDED JUNE 30, 2025 AND 2026

(Amounts in thousands, except shares, ADS, per share and per ADS data)

11.

BORROWINGS (Continued)

The Group incurred interest expenses for short-term borrowings of RMB602 and RMB510 for the six months ended June 30, 2025 and 2026, respectively. The annual weighted average interest rates were 3.64% and 2.84% for the six months ended June 30, 2025 and 2026, respectively.

SCHEDULE OF LONG-TERM BORROWINGS

	As of December 31,			As of June 30,
	2025			2026
	RMB			RMB
				(unaudited)
Agricultural Bank of China		76,727			64,146
Total		76,727			64,146

Less: long-term borrowing-current portion		(25,061	)		(24,959	)

Long-term borrowing		51,666			39,187

On March 8, 2021, The Group entered into a line of credit agreement with Agricultural Bank of China, which is used for the development of Viomi Technology Park, a comprehensive high-tech industrial campus, which was completed in the second half of 2023. The line of credit was effective from March 8, 2021 to March 7, 2026 with a credit limit of RMB310,000. On March 7, 2026, the Group renewed the line of credit agreement. The renewed line of credit is effective from March 7, 2026 to March 6, 2031 and remains the credit limit of RMB310,000. The loan is guaranteed by Foshan Viomi, a related party of the Group.

As of June 30, 2026, the Group borrowed, in aggregate, a total of RMB193,489 under the line of credit, with interest rate ranging from 2.75% to 2.90% per annum. The Group repaid a total of RMB129,343, and the outstanding balance of long-term borrowings was RMB64,146 as of June 30, 2026. As of June 30, 2026, the Group had unutilized lines of credit of RMB116,511 under the line of credit agreement with Agricultural Bank of China.

The future maturities of long-term borrowings as of June 30, 2026 were as follows:

	RMB
Remaining in fiscal year 2026		12,480
2027		24,959
2028		24,959
2029		1,180
2030		568
Total long-term borrowings		64,146

The Group’s building properties with net book values of RMB227,140 and land use right with net book values of RMB55,995 were pledged as collateral to secure these loans as of June 30, 2026.

The Group completed the construction in the second half of 2023, and prior to the completion, the Group capitalized the interest expense as cost of the assets, and after the assets was ready for its intended use, the Group expenses off the interest expenses. The Group recorded interest expenses of RMB912 and RMB1,081 for the six months ended June 30, 2025 and 2026, respectively.

VIOMI TECHNOLOGY CO., LTD

NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE SIX MONTHS ENDED JUNE 30, 2025 AND 2026

(Amounts in thousands, except shares, ADS, per share and per ADS data)

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References

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+ Details

INCOME TAX EXPENSES (Tables)

6 Months Ended

Jun. 30, 2026

Income Tax Disclosure [Abstract]

SCHEDULE OF CURRENT AND DEFERRED COMPONENTS

The current and deferred components of income taxes appearing in the unaudited condensed consolidated statements of comprehensive income (loss) are as follows:

	2025			2026
	Six Months ended June 30,
	2025			2026
	RMB			RMB
	(unaudited)			(unaudited)
Current tax expenses		18,520			3,836
Deferred tax benefits		(1,514	)		(13,322	)
Income tax expenses (benefits)		17,006			(9,486	)

SCHEDULE OF RECONCILIATION INCOME TAX EXPENSES

Reconciliation between the income tax expenses (benefits) computed by applying the PRC enterprise tax rate to income (loss) before income taxes and actual provision were as follows:

	2025						2026
	Six Months ended June 30,
	2025						2026
	RMB			%			RMB			%
	(unaudited)						(unaudited)
Income (loss) from operations in the PRC		128,325						(30,186	)
Income (loss) from overseas entities		9,209						(6,067	)
Income (loss) before income tax		137,534						(36,253	)
Tax expenses (benefits) from overseas entities at PRC enterprise income tax rate		34,384			25.0	%		(9,063	)		25.0	%
Effect of income tax in jurisdictions other than the PRC		(2,285	)		(1.7	)%		561			(1.5	)%

Nontaxable or nondeductible items
Income tax on tax holiday		(14,993	)		(10.9	)%		3,406			(9.4	)%
Tax effect of permanent differences		(7,050	)		(5.1	)%		(9,209	)		25.4	%

Change in valuation allowance		5,876			4.3	%		3,818			(10.5	)%
Effect of share-based compensation		1,074			0.8	%		1,001			(2.8	)%
Income tax expenses (benefits)		17,006			12.4	%		(9,486	)		26.2	%

SCHEDULE OF PER SHARES EFFECT OF TAX

The per share effect of the tax holidays were as follows:

SCHEDULE OF PER SHARES EFFECT OF TAX

	2025		2026
	Six Months ended June 30,
	2025		2026
	RMB		RMB
	(unaudited)		(unaudited)
Net income (loss) per share effect–basic		0.07		(0.02	)
Net income (loss) per share effect–diluted		0.07		(0.02	)

SCHEDULE OF DEFERRED TAX ASSETS

The significant components of the Group’s deferred tax assets were as follows:

SCHEDULE OF DEFERRED TAX ASSETS

	As of December 31,			As of June 30,
	2025			2026
	RMB			RMB
				(unaudited)
Net operating loss carry forwards		49,541			66,838
Accrued expenses and others		8,343			8,161
Inventories write downs		120			154
Deferred income		28			19
Total deferred tax assets		58,032			75,172
Less: valuation allowance		(49,617	)		(53,435	)
Deferred tax assets, net		8,415			21,737

SCHEDULE OF MOVEMENT OF VALUATION ALLOWANCE

	2025		2026
	Six Months ended June 30,
	2025		2026
	RMB		RMB
	(unaudited)		(unaudited)
Balance at beginning of the period		40,032		49,617
Provided		5,876		3,818
Balance at end of the period		45,908		53,435

RESTRICTED CASH (Details Narrative) ¥ in Thousands, $ in Thousands	Jun. 30, 2026 USD ($)	Jun. 30, 2026 CNY (¥)	Dec. 31, 2025 CNY (¥)	Jun. 30, 2025 CNY (¥)
Restricted Cash
Restricted cash	$ 22,599	¥ 153,338	¥ 164,431	¥ 340,540
Deposit required for issuing bank acceptance bills		45,956	77,332
Capital deposit		771	770
Foreign exchange deposits		¥ 78,532	¥ 79,717

SCHEDULE OF FINANCIAL STATEMENT AMOUNTS AND BALANCES OF VIES (Details) (Parenthetical) ¥ in Thousands, $ in Thousands	6 Months Ended
	Jun. 30, 2026 USD ($)	Jun. 30, 2026 CNY (¥)	Jun. 30, 2025 CNY (¥)	Dec. 31, 2025 CNY (¥)
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Accounts receivable from net of allowance
Total net revenues	$ 109,062	739,996	¥ 1,477,619
Variable Interest Entity To Variable Interest Entity Primary Beneficiary And Subsidiaries [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Total net revenues		¥ 1,602

- Definition

Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise.

+ References

+ Details

Unaudited Condensed Parent Company Balance Sheets (Parenthetical) (Details)	Jun. 30, 2026 $ / shares shares	Jun. 30, 2026 ¥ / shares shares	Dec. 31, 2025 $ / shares shares	Dec. 31, 2025 ¥ / shares shares	Aug. 23, 2018 ¥ / shares shares
Condensed Financial Statements, Captions [Line Items]
Ordinary shares, par value \| ¥ / shares					¥ 0.00001
Ordinary shares, shares authorized					50,000,000
Common Class A [Member]
Condensed Financial Statements, Captions [Line Items]
Ordinary shares, par value \| (per share)	$ 0.00001		$ 0.00001		¥ 0.00001
Ordinary shares, shares authorized	4,800,000,000	4,800,000,000	4,800,000,000	4,800,000,000	4,800,000,000
Ordinary shares, shares issued	95,171,125	95,171,125	99,200,641	99,200,641
Ordinary shares, shares outstanding	95,171,125	95,171,125	99,200,641	99,200,641
Common Class B [Member]
Condensed Financial Statements, Captions [Line Items]
Ordinary shares, par value \| (per share)	$ 0.00001		$ 0.00001		¥ 0.00001
Ordinary shares, shares authorized	150,000,000	150,000,000	150,000,000	150,000,000	150,000,000
Ordinary shares, shares issued	102,674,548	102,674,548	102,764,548	102,764,548
Ordinary shares, shares outstanding	102,674,548	102,674,548	102,764,548	102,764,548
Parent Company [Member] \| Common Class A [Member]
Condensed Financial Statements, Captions [Line Items]
Ordinary shares, par value \| ¥ / shares		¥ 0.00001		¥ 0.00001
Ordinary shares, shares authorized	4,800,000,000	4,800,000,000	4,800,000,000	4,800,000,000
Ordinary shares, shares issued	95,171,125	95,171,125	99,200,641	99,200,641
Ordinary shares, shares outstanding	95,171,125	95,171,125	99,200,641	99,200,641
Parent Company [Member] \| Common Class B [Member]
Condensed Financial Statements, Captions [Line Items]
Ordinary shares, par value \| ¥ / shares		¥ 0.00001		¥ 0.00001
Ordinary shares, shares authorized	150,000,000	150,000,000	150,000,000	150,000,000
Ordinary shares, shares issued	102,674,548	102,674,548	102,764,548	102,764,548
Ordinary shares, shares outstanding	102,674,548	102,674,548	102,764,548	102,764,548

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

+ Details

- Definition

Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation.

+ References

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+ Details

SUMMARY OF CONCENTRATION OF RISK (Details)
¥ in Thousands, $ in Thousands

6 Months Ended

12 Months Ended

Jun. 30, 2026

USD ($)

Jun. 30, 2026

CNY (¥)

Jun. 30, 2025

CNY (¥)

Dec. 31, 2025

CNY (¥)

Concentration Risk [Line Items]

Other receivables from a related party

¥ 13,847

¥ 45,267

Total net revenues

$ 109,062

739,996

¥ 1,477,619

Related Party [Member]

Concentration Risk [Line Items]

Total net revenues

$ 98,177

666,138

1,360,966

Xiaomi [Member] | Related Party [Member]

Concentration Risk [Line Items]

Total net revenues

^[1]

652,894

1,347,652

Foshan Viomi [Member] | Related Party [Member]

Concentration Risk [Line Items]

Total net revenues

^[2]

¥ 13,244

¥ 13,314

Accounts Receivable [Member] | Credit Concentration Risk [Member] | Xiaomi [Member] | Related Party [Member]

Concentration Risk [Line Items]

Concentration risk, percentage

94.00%

89.00%

Accounts receivable from a related party

¥ 366,158

¥ 304,078

Accounts Receivable [Member] | Credit Concentration Risk [Member] | Foshan Viomi [Member] | Related Party [Member]

Concentration Risk [Line Items]

Concentration risk, percentage

6.00%

11.00%

Accounts receivable from a related party

¥ 23,760

¥ 36,095

Other Receivables [Member] | Credit Concentration Risk [Member] | Xiaomi [Member] | Related Party [Member]

Concentration Risk [Line Items]

Concentration risk, percentage

100.00%

Other receivables from a related party

¥ 537

¥ 200

Revenue Benchmark [Member] | Revenue from Rights Concentration Risk [Member] | Xiaomi [Member] | Related Party [Member]

Concentration Risk [Line Items]

Concentration risk, percentage

88.00%

91.00%

Total net revenues

¥ 652,894

¥ 1,347,652

Company A [Member] | Accounts and Notes Receivable [Member] | Credit Concentration Risk [Member]

Concentration Risk [Line Items]

Accounts and notes receivable

¥ 9,174

¥ 16,070

Concentration risk, percentage

35.00%

51.00%

Company B [Member] | Accounts and Notes Receivable [Member] | Credit Concentration Risk [Member]

Concentration Risk [Line Items]

Accounts and notes receivable

¥ 6,237

¥ 6,004

Concentration risk, percentage

24.00%

19.00%

[1]	The Group both sells water purifiers and other products to and purchase Xiaomi branded products and certain raw materials from Xiaomi. The amount due from Xiaomi represents receivable arising from sales of water purifiers and other products. The balance due to Xiaomi represents payable arising from purchase of Xiaomi branded products and certain raw materials.
[2]	The Group purchases certain raw materials from Foshan Viomi and its subsidiaries. The Group also sells its own branded products to Foshan Viomi, and provides rental services, and other services to Foshan Viomi and its subsidiaries.

SCHEDULE OF PRINCIPAL SUBSIDIARIES AND VIES (Details)	Jun. 30, 2026
Subsidiaries [Member] \| Viomi HK [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of beneficial ownership	100.00%
Subsidiaries [Member] \| Lequan [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of beneficial ownership	100.00%
Subsidiaries [Member] \| Codream H K [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of beneficial ownership	100.00%
Subsidiaries [Member] \| Yunmi Hulian [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of beneficial ownership	100.00%
Subsidiaries [Member] \| Zhumeng Hulian [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of beneficial ownership	100.00%
Subsidiaries [Member] \| Guangdong Lizi [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of beneficial ownership	100.00%
Variable Interest Entity, Primary Beneficiary [Member] \| Guangzhou Interconnect [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of beneficial ownership	100.00%
Variable Interest Entity, Primary Beneficiary [Member] \| Beijing Viomi [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of beneficial ownership	100.00%

LAND USE RIGHT, NET

6 Months Ended

Jun. 30, 2026

Land Use Right Net

LAND USE RIGHT, NET

10.

LAND USE RIGHT, NET

In 2020, the Group obtained a land use right in Foshan from the local authorities. Amortization of the land use right is made over the remaining term of the land use right period from the date when the land was made available for use by the Group. The land use right is summarized as follows:

SUMMARY OF LAND USE RIGHT, NET

	As of December 31,			As of June 30,
	2025			2026
	RMB			RMB
				(unaudited)
Land use right		63,618			63,618
Less: accumulated amortization		(6,987	)		(7,623	)
Land use right, net		56,631			55,995

The Group had recorded amortization expense of RMB637 and RMB636 for the six months ended June 30, 2025 and 2026, respectively.

In addition, the Group also pledged its land use right for the Group’s long-term borrowings (See Note 11).

The estimated future amortization expense for land use rights as of June 30, 2026 is as follows:

	RMB
Remaining in fiscal year 2026		637
2027		1,273
2028		1,273
2029		1,273
2030		1,273
Thereafter		50,266
Total		55,995

SUMMARY OF RELATED PARTY TRANSACTION RELATIONSHIP (Details)	6 Months Ended
	Jun. 30, 2026
Foshan Yunmi Electric Appliances Technology Company Limited [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Relationship with the Group	Controlled by a principal shareholder of the Company
Xiaomi [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Relationship with the Group	Shareholder of the Group

Cover	6 Months Ended
Cover	Jun. 30, 2026
Cover [Abstract]
Document Type	6-K
Amendment Flag	false
Document Period End Date	Jun. 30, 2026
Current Fiscal Year End Date	--12-31
Entity Registrant Name	Viomi Technology Co., Ltd
Entity Central Index Key	0001742770

RESTRICTED NET ASSETS (Details Narrative) - CNY (¥) ¥ in Thousands	Jun. 30, 2026	Dec. 31, 2025
Receivables [Abstract]
Amount of restricted net assets for consolidated and unconsolidated subsidiaries	¥ 623,920	¥ 653,035

- Definition

Amount of restricted net assets of consolidated and unconsolidated subsidiaries as of the end of the most recently completed fiscal year.

+ References + Details

LEASES (Tables)

6 Months Ended

Jun. 30, 2026

Leases

SUMMARY OF COMPONENTS OF LEASE EXPENSE

	2025		2026
	Six Months ended June 30,
	2025		2026
	RMB		RMB
	(unaudited)		(unaudited)
Lease cost
Operating lease expense		868		863
Short-term lease expense (i)		71		186
Total lease cost		939		1,049

(i)

Includes leases with a term of one year or less.

SUMMARY OF SUPPLEMENTAL CASH FLOW INFORMATION FOR LEASES

Supplemental cash flow information for leases was as follows:

	Six Months ended June 30,
	2025		2026
	RMB		RMB
	(unaudited)		(unaudited)
Operating cash flows relating to operating leases		790		830

SUMMARY OF AGGREGATE FUTURE MINIMUM RENTAL PAYMENTS UNDER NON-CANCELABLE AGREEMENT

As of June 30, 2026, the aggregate future minimum rental payments under non-cancelable agreement were as follows:

Years ending December 31,	RMB
Remaining in fiscal year 2026		358
2027		225
2028		131
Total future minimum rental payment		714
Less amount representing imputed interest		(24	)
Present value of future minimum rental payments		690
Less current portion, recorded in other current liabilities		453
Long-term lease liabilities, recorded in other long-term liabilities		237

SEGMENT REPORTING

6 Months Ended

Jun. 30, 2026

Segment Reporting [Abstract]

SEGMENT REPORTING

13.

SEGMENT REPORTING

The Group derives revenue by developing and selling Home water solution businesses products in the PRC. The Group operates as one operating and reportable segment and its sole business activity consists of the design, development, manufacturing and marketing of Home water solution businesses products. The Group provides Home water solution businesses products mainly to its customers in the PRC and manages its business activities on a consolidated basis.

The accounting policies of the segment are the same as those described in Note “2. Summary of Significant Accounting Policies” in the Company’s Annual Report on Form 20-F for the fiscal year ended December 31, 2025. The Group’s CODM uses net income or loss to measure segment profit or loss and assesses performance against expectations to make resource allocation decisions. Additionally, the CODM reviews and uses functional expenses included in net income to manage the Group’s operations and assess operating profitability. The Group operates as one operating and reportable segment, and as such the significant segment expenses regularly provided to the CODM are those presented on the unaudited condensed consolidated statements of comprehensive income (loss). These significant segment expenses include cost of revenue, research and development, selling and marketing, and general and administrative expenses. Other segment items that are presented on the unaudited condensed consolidated statements of comprehensive income (loss) include other income, net, interest and investment income, net, and other non-operating income (loss), income tax (expenses) benefit. The Group’s entity-wide disclosures, including the breakout of revenue between products are included in Note “14. Revenue”.

VIOMI TECHNOLOGY CO., LTD

NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE SIX MONTHS ENDED JUNE 30, 2025 AND 2026

(Amounts in thousands, except shares, ADS, per share and per ADS data)

- Definition

The entire disclosure for segment reporting.

+ References

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+ Details

SCHEDULE OF DEFERRED TAX ASSETS (Details) - CNY (¥) ¥ in Thousands	Jun. 30, 2026	Dec. 31, 2025
Income Tax Disclosure [Abstract]
Net operating loss carry forwards	¥ 66,838	¥ 49,541
Accrued expenses and others	8,161	8,343
Inventories write downs	154	120
Deferred income	19	28
Total deferred tax assets	75,172	58,032
Less: valuation allowance	(53,435)	(49,617)
Deferred tax assets, net	¥ 21,737	¥ 8,415

UNAUDITED CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY (Tables)

6 Months Ended

Jun. 30, 2026

Condensed Financial Information Disclosure [Abstract]

SUMMARY OF UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

UNAUDITED CONDENSED PARENT COMPANY BALANCE SHEETS

	As of December 31,			As of June 30,
	2025			2026
		RMB			RMB
					(unaudited)
ASSETS
Cash and cash equivalents		2,918			2,370
Short-term investments		2,667			2,208
Amounts due from Group companies		501,851			461,878
Investments in subsidiaries		471,430			455,685
Other assets		660,149			647,738
Total assets		1,639,015			1,569,879

Liabilities
Accounts and notes payable		863.00			-
Accrued expenses and other liabilities		4,608			3,727
Amounts due to Group companies		106,881			112,974
Total Liabilities		112,352			116,701
Shareholders’ equity
Class A Ordinary Shares (US$0.00001 par value; 4,800,000,000 shares authorized; 99,200,641 and 95,171,125 shares issued and outstanding as of December 31, 2025 and June 30, 2026, respectively)		6			6
Class B Ordinary Shares (US$0.00001 par value; 150,000,000 shares authorized; 102,764,548 and 102,674,548 shares issued and outstanding as of December 31, 2025 and June 30, 2026, respectively)		6			6
Ordinary shares value		6			6
Treasury stock		(103,085	)		(112,527	)
Additional paid-in capital		1,403,419			1,395,929
Retained earnings		226,317			169,764
Total equity attributable to shareholders of the Company		1,526,663			1,453,178
Total liabilities and shareholders’ equity		1,639,015			1,569,879

VIOMI TECHNOLOGY CO., LTD

NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE SIX MONTHS ENDED JUNE 30, 2025 AND 2026

(Amounts in thousands, except shares, ADS, per share and per ADS data)

25.

CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY (Continued)

UNAUDITED CONDENSED PARENT COMPANY STATEMENTS OF OPERATIONS

	2025			2026
	Six Months ended June 30,
	2025			2026
	RMB			RMB
	(unaudited)			(unaudited)
Operating expenses
General and administrative expenses		(2,184	)		(2,348	)
Total operating expenses		(2,184	)		(2,348	)
Other (expenses) income, net		(57	)		1,472
Equity in gain (loss) of subsidiaries/VIEs		109,668			(33,401	)
Total operating income (expenses)		107,427			(34,277	)
Interest and investment income, net		13,288			7,991
Income (loss) before income tax expenses		120,715			(26,286	)
Income tax expenses		(320	)		-
Net income (loss) attributable to ordinary shareholders of the Company		120,395			(26,286	)

UNAUDITED CONDENSED PARENT COMPANY STATEMENTS OF CASH FLOWS

	2025			2026
	Six Months ended June 30,
	2025			2026
	RMB			RMB
	(unaudited)			(unaudited)
Net cash provided by operating activities		447,348			83,059
Net cash used in by investing activities		(238,896	)		(23,838	)
Net cash used in financing activities		(35,629	)		(31,912	)
Effect of exchanges rates on cash and cash equivalents		15,425			(27,857	)
Net increase (decrease) in cash and cash equivalents		188,248			(548	)
Cash and cash equivalents at the beginning of the period		164,583			2,918
Cash and cash equivalents at the end of the period		352,831			2,370

SHARE-BASED COMPENSATION

6 Months Ended

Jun. 30, 2026

Share-Based Payment Arrangement [Abstract]

SHARE-BASED COMPENSATION

17.

SHARE-BASED COMPENSATION

Compensation expense recognized for share-based awards was as follows:

	2025		2026
	Six Months ended June 30,
	2025		2026
	RMB		RMB
	(unaudited)		(unaudited)
Share-based compensation expenses
—Share options^(a)		7,160		6,568

(a)

Share options

On September 17, 2015, the Board of Directors of the Company approved the establishment of 2015 Share Incentive Plan, the purpose of which is to provide an incentive for employees contributing to the Group. The 2015 Share Incentive Plan shall be valid and effective for 10 years from the grant date. The maximum number of shares that may be issued pursuant to all awards (including incentive share options) under 2015 Share Incentive Plan shall be 12,727,272 shares.

In June 2018, the Board of Directors and shareholders of the Company approved the 2018 Share Incentive Plan. As of Jun 30, 2026, the maximum of shares that may be issued under the 2018 Share Incentive Plan was 34,186,675.

For the six months ended June 30, 2025, the Company granted 780,000 share options to employees pursuant to the 2018 Share Incentive Plan. Among which, with respect to the share options granted, 40% of the options will be vested after 24 months of the vesting commencement date and the remaining 60% will be vested in three equal installments over the following 36 months.

For the six months ended June 30, 2026, the Company granted 1,210,000 share options to employees pursuant to the 2018 Share Incentive Plan. Among which, with respect to the share options granted, 40% of the options will be vested after 24 months of the vesting commencement date and the remaining 60% will be vested in three equal installments over the following 36 months.

VIOMI TECHNOLOGY CO., LTD

NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE SIX MONTHS ENDED JUNE 30, 2025 AND 2026

(Amounts in thousands, except shares, ADS, per share and per ADS data)

17.

SHARE-BASED COMPENSATION (Continued)

A summary of the stock option activity under the 2015 Share Incentive Plan and 2018 Share Incentive Plan for the six months ended June 30, 2025 and 2026 is included in the table below.

SUMMARY OF STOCK OPTION ACTIVITY

	Number of options			Weighted average exercise price (US$)		Weighted average remaining contractual life (years)		Aggregate intrinsic value (US$)
Outstanding at January 1, 2025		24,440,836			0.51		11.43		19,794
Granted		780,000			1.68		-		-
Forfeited		(1,671,573	)		0.20		-		-
Exercised		(45,426	)		0.50		-		-
Outstanding at June 30, 2025		23,503,837			0.52		10.80		19,475

Outstanding at January 1, 2026		25,036,905			0.46		11.73		21,353
Granted		1,210,000			0.11		-		-
Forfeited		(3,328,587	)		0.32		-		-
Exercised		(82,998	)		0.11		-		-
Outstanding at June 30, 2026		22,835,320			0.46		11.03		18,770
Exercisable as of June 30, 2026		11,179,334			0.81		3.23		12,720
Expected to vest as of June 30, 2026		13,486,116			0.17		17.97		8,036

The weighted average grant date fair value of options granted for the six months ended June 30, 2025 and 2026 was RMB3.08 (US$0.45) per option and RMB6.96 (US$1.01) per option, respectively.

As of December 31, 2025 and June 30, 2026, there was RMB40,415 and RMB RMB24,023 (US$3,485) of unrecognized compensation expenses related to the options, respectively.

(b)

Restricted shares to an investee

The Group established Guangdong Lizi in July 2018 as a subsidiary of the Company. In November 2020, following the Group’s restructuring plan on its water purifiers business, the Group entered into an agreement with Sunglow to sell 1% of equity interest of Guangdong Lizi for a consideration of RMB175. Sunglow has paid up the consideration in December 2021 but is not entitled to any shareholder’s rights of Guangdong Lizi until the fulfilment of certain conditions pursuant to the supplemental agreement in November 2021.

Under the requirement of ASC 718, the Group should recognize share-based compensation if there is a difference between the fair value of Guangdong Lizi’s 1% of equity interest and the consideration paid up by Sunglow on the date of capital injection. The Group calculated the estimated fair value of the options on the respective grant dates using the discounted cash flow model.

During 2025, Sunglow exited the arrangement. Accordingly, there were no more unrecognized compensation expenses associated with restricted shares granted to Sunglow to be recognized in future periods.

VIOMI TECHNOLOGY CO., LTD

NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE SIX MONTHS ENDED JUNE 30, 2025 AND 2026

(Amounts in thousands, except shares, ADS, per share and per ADS data)

ACCRUED EXPENSES AND OTHER LIABILITIES (Tables)

6 Months Ended

Jun. 30, 2026

Accrued Expenses And Other Liabilities

SCHEDULE OF ACCRUED EXPENSES AND OTHER LIABILITIES

	As of December 31,			As of June 30,
	2025			2026
	RMB			RMB
				(unaudited)
Accrued payroll and welfare		62,810			51,533
Payment for purchase of property		42,127			43,136
Product warranty		31,035			25,095
Professional fee payables		14,670			19,495
Deposit from suppliers		11,988			12,745
Marketing and promotion expenses		18,461			12,209
Freight payable		11,364			9,858
Other tax payable		9,871			2,072
Installation fee payables		335			1,888
Refund liabilities		129			892
Other current liabilities		7,370			11,039
Total		210,160			189,962
Less: non-current portion		(53,117	)		(51,108	)
Accrued expenses and other liabilities-current portion		157,043			138,854

SCHEDULE OF PRODUCT WARRANT ACTIVITIES

	Product Warranty
	RMB
Balance at January 1, 2025		40,568
Provided during the period		19,624
Utilized during the period		(29,157	)
Balance at June 30, 2025		31,035

Balance at January 1, 2026		31,035
Provided during the period		18,737
Utilized during the period		(24,677	)
Balance at June 30, 2026		25,095

SHARE-BASED COMPENSATION (Tables)

6 Months Ended

Jun. 30, 2026

Share-Based Payment Arrangement [Abstract]

SUMMARY OF COMPENSATION EXPENSE RECOGNIZED FOR SHARE-BASED AWARDS

Compensation expense recognized for share-based awards was as follows:

	2025		2026
	Six Months ended June 30,
	2025		2026
	RMB		RMB
	(unaudited)		(unaudited)
Share-based compensation expenses
—Share options^(a)		7,160		6,568

SUMMARY OF STOCK OPTION ACTIVITY

A summary of the stock option activity under the 2015 Share Incentive Plan and 2018 Share Incentive Plan for the six months ended June 30, 2025 and 2026 is included in the table below.

SUMMARY OF STOCK OPTION ACTIVITY

	Number of options			Weighted average exercise price (US$)		Weighted average remaining contractual life (years)		Aggregate intrinsic value (US$)
Outstanding at January 1, 2025		24,440,836			0.51		11.43		19,794
Granted		780,000			1.68		-		-
Forfeited		(1,671,573	)		0.20		-		-
Exercised		(45,426	)		0.50		-		-
Outstanding at June 30, 2025		23,503,837			0.52		10.80		19,475

Outstanding at January 1, 2026		25,036,905			0.46		11.73		21,353
Granted		1,210,000			0.11		-		-
Forfeited		(3,328,587	)		0.32		-		-
Exercised		(82,998	)		0.11		-		-
Outstanding at June 30, 2026		22,835,320			0.46		11.03		18,770
Exercisable as of June 30, 2026		11,179,334			0.81		3.23		12,720
Expected to vest as of June 30, 2026		13,486,116			0.17		17.97		8,036

SUMMARY OF RELATED PARTY TRANSACTIONS (Details)
¥ in Thousands, $ in Thousands

6 Months Ended

Jun. 30, 2026

USD ($)

Jun. 30, 2026

CNY (¥)

Jun. 30, 2025

CNY (¥)

Jun. 30, 2026

CNY (¥)

Dec. 31, 2025

CNY (¥)

Amounts due to related parties

$ 393

¥ 2,668

¥ 596

Revenue from related parties

109,062

¥ 739,996

¥ 1,477,619

Selling and marketing expenses

16,147

109,556

129,034

Related Party [Member]

Accounts receivable from a related party

57,467

389,918

340,173

Other receivables from related parties

537

200

Purchase from related parties

9,798

5,366

Revenue from related parties

$ 98,177

666,138

1,360,966

Selling and marketing expenses

19,512

28,056

Accounts receivable from a related party

^[1]

366,158

304,078

Other receivables from related parties

537

200

Revenue from related parties

^[1]

652,894

1,347,652

Amounts due to related parties

^[1]

2,668

596

Selling and marketing expenses

^[2]

16,047

22,596

Selling and marketing expenses

^[3]

3,465

5,460

Accounts receivable from a related party

^[4]

¥ 23,760

¥ 36,095

Purchase from related parties

^[4]

9,798

5,366

Revenue from related parties

^[4]

¥ 13,244

¥ 13,314

[1]	The Group both sells water purifiers and other products to and purchase Xiaomi branded products and certain raw materials from Xiaomi. The amount due from Xiaomi represents receivable arising from sales of water purifiers and other products. The balance due to Xiaomi represents payable arising from purchase of Xiaomi branded products and certain raw materials.
[2]	The Group sells its own brand products on the E-platform of Xiaomi, which charges the Group commission and technical service fees, also Xiaomi provides advertising and promotion service. The amount due from Xiaomi represents sales receivable net of commission, advertising and promotion service.
[3]	The Group’s related party provides transportation services, maintenance services, promotion services as well as installation services for the Group.
[4]	The Group purchases certain raw materials from Foshan Viomi and its subsidiaries. The Group also sells its own branded products to Foshan Viomi, and provides rental services, and other services to Foshan Viomi and its subsidiaries.

REVENUE

6 Months Ended

Jun. 30, 2026

Revenue from Contract with Customer [Abstract]

REVENUE

14.

REVENUE

SCHEDULE OF REVENUE

	2025		2026
	Six Months ended June 30,
	2025		2026
	RMB		RMB
	(unaudited)		(unaudited)
Sales of products
- Home water solutions		1,058,318		473,374
- Consumables		123,182		131,743
- Kitchen appliances and others		286,048		127,260
Total of sales of products		1,467,548		732,377
Rendering of services		10,071		7,619
Total		1,477,619		739,996

All the revenue is recognized at a point in time when control of the promised goods is transferred to the customers.

- Definition

The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-7

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-9

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-10

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 15
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-15

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-12

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-12

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-12

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-12

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-12

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Subparagraph (b)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-13

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Name Accounting Standards Codification
-Topic 606
-Publisher FASB
-URI https://asc.fasb.org/606/tableOfContent

+ Details

UNAUDITED CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY

6 Months Ended

Jun. 30, 2026

Condensed Financial Information Disclosure [Abstract]

UNAUDITED CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY

25.

UNAUDITED CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY

Pursuant to the requirements of Rule 12-04(a), 5-04(c) and 4-08(e)(3) of Regulation S-X, the condensed financial information of the parent company shall be filed when the restricted net assets of consolidated subsidiaries exceed 25 percent of consolidated net assets as of the end of the most recently completed fiscal year. The Group performed a test on the restricted net assets of consolidated subsidiaries in accordance with such requirement and concluded that it was applicable to the Company as the restricted net assets of the Company’s PRC subsidiaries exceeded 25% of the consolidated net assets of the Company. Therefore, the condensed financial statements for the parent company are included herein.

For purposes of the above test, restricted net assets of consolidated subsidiaries shall mean that amount of the Company’s proportionate share of net assets of consolidated subsidiaries (after intercompany eliminations) which as of the end of the most recent fiscal year may not be transferred to the parent company by subsidiaries in the form of loans, advances or cash dividends without the consent of a third party.

The unaudited condensed financial information of the parent company has been prepared using the same accounting policies as set out in the Company’s unaudited condensed consolidated financial statements except that the parent company used the equity method to account for investment in its subsidiaries. Such investment is presented on the condensed balance sheets as “Investment in subsidiaries/VIEs” and the respective profit or loss as “Equity in (loss) gain of subsidiaries/VIEs” on the condensed statements of operations.

The footnote disclosures contain supplemental information relating to the operations of the Company and, as such, these statements should be read in conjunction with the notes to the unaudited condensed consolidated financial statements of the Company. Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S GAAP have been condensed or omitted.

The Company did not pay any dividend for the periods presented. As of December 31, 2025 and June 30, 2026, there were no material contingencies, significant provisions for long-term obligations, or guarantees of the Company, except for those which have been separately disclosed in the unaudited condensed consolidated financial statements, if any.

UNAUDITED CONDENSED PARENT COMPANY BALANCE SHEETS

	As of December 31,			As of June 30,
	2025			2026
		RMB			RMB
					(unaudited)
ASSETS
Cash and cash equivalents		2,918			2,370
Short-term investments		2,667			2,208
Amounts due from Group companies		501,851			461,878
Investments in subsidiaries		471,430			455,685
Other assets		660,149			647,738
Total assets		1,639,015			1,569,879

Liabilities
Accounts and notes payable		863.00			-
Accrued expenses and other liabilities		4,608			3,727
Amounts due to Group companies		106,881			112,974
Total Liabilities		112,352			116,701
Shareholders’ equity
Class A Ordinary Shares (US$0.00001 par value; 4,800,000,000 shares authorized; 99,200,641 and 95,171,125 shares issued and outstanding as of December 31, 2025 and June 30, 2026, respectively)		6			6
Class B Ordinary Shares (US$0.00001 par value; 150,000,000 shares authorized; 102,764,548 and 102,674,548 shares issued and outstanding as of December 31, 2025 and June 30, 2026, respectively)		6			6
Ordinary shares value		6			6
Treasury stock		(103,085	)		(112,527	)
Additional paid-in capital		1,403,419			1,395,929
Retained earnings		226,317			169,764
Total equity attributable to shareholders of the Company		1,526,663			1,453,178
Total liabilities and shareholders’ equity		1,639,015			1,569,879

VIOMI TECHNOLOGY CO., LTD

NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE SIX MONTHS ENDED JUNE 30, 2025 AND 2026

(Amounts in thousands, except shares, ADS, per share and per ADS data)

25.

CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY (Continued)

UNAUDITED CONDENSED PARENT COMPANY STATEMENTS OF OPERATIONS

	2025			2026
	Six Months ended June 30,
	2025			2026
	RMB			RMB
	(unaudited)			(unaudited)
Operating expenses
General and administrative expenses		(2,184	)		(2,348	)
Total operating expenses		(2,184	)		(2,348	)
Other (expenses) income, net		(57	)		1,472
Equity in gain (loss) of subsidiaries/VIEs		109,668			(33,401	)
Total operating income (expenses)		107,427			(34,277	)
Interest and investment income, net		13,288			7,991
Income (loss) before income tax expenses		120,715			(26,286	)
Income tax expenses		(320	)		-
Net income (loss) attributable to ordinary shareholders of the Company		120,395			(26,286	)

UNAUDITED CONDENSED PARENT COMPANY STATEMENTS OF CASH FLOWS

	2025			2026
	Six Months ended June 30,
	2025			2026
	RMB			RMB
	(unaudited)			(unaudited)
Net cash provided by operating activities		447,348			83,059
Net cash used in by investing activities		(238,896	)		(23,838	)
Net cash used in financing activities		(35,629	)		(31,912	)
Effect of exchanges rates on cash and cash equivalents		15,425			(27,857	)
Net increase (decrease) in cash and cash equivalents		188,248			(548	)
Cash and cash equivalents at the beginning of the period		164,583			2,918
Cash and cash equivalents at the end of the period		352,831			2,370

SUMMARY OF AGGREGATE FUTURE MINIMUM RENTAL PAYMENTS UNDER NON-CANCELABLE AGREEMENT (Details) ¥ in Thousands, $ in Thousands	Jun. 30, 2026 USD ($)	Jun. 30, 2026 CNY (¥)	Dec. 31, 2025 CNY (¥)
Leases
Remaining in fiscal year 2026		¥ 358
2027		225
2028		131
Total future minimum rental payment		714
Less amount representing imputed interest		(24)
Present value of future minimum rental payments		690
Less current portion, recorded in other current liabilities	$ 67	453	¥ 1,310
Long-term lease liabilities, recorded in other long-term liabilities	$ 35	¥ 237	¥ 421

SHORT-TERM INVESTMENTS

6 Months Ended

Jun. 30, 2026

Cash and Cash Equivalents [Abstract]

SHORT-TERM INVESTMENTS

6.	SHORT-TERM INVESTMENTS

Short-term investments mainly represent company securities and structured deposits. Short-term investments balance as of December 31, 2025 and June 30, 2026 is denominated in RMB, amounted to RMB82,598 and RMB120,805, respectively.

PROPERTY, PLANT, AND EQUIPMENT, NET (Details Narrative) - CNY (¥)	6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
Property, Plant, and Equipment [Abstract]
Depreciation expense	¥ 19,494,000	¥ 16,335,000
Impairment value	¥ 0	¥ 0

SCHEDULE OF MOVEMENT OF VALUATION ALLOWANCE (Details) - CNY (¥) ¥ in Thousands	6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
Income Tax Disclosure [Abstract]
Balance at beginning of the period	¥ 49,617	¥ 40,032
Provided	3,818	5,876
Balance at end of the period	¥ 53,435	¥ 45,908

SUMMARY OF COMPENSATION EXPENSE RECOGNIZED FOR SHARE-BASED AWARDS (Details) - CNY (¥)
¥ in Thousands

6 Months Ended

Jun. 30, 2026

Jun. 30, 2025

Share-Based Payment Arrangement [Abstract]

—Share options

^[1]

¥ 6,568

¥ 7,160

[1]	Share options

SCHEDULE OF FINANCIAL STATEMENT AMOUNTS AND BALANCES OF VIES (Details)
¥ in Thousands, $ in Thousands

6 Months Ended

Jun. 30, 2026

USD ($)

Jun. 30, 2026

CNY (¥)

Jun. 30, 2025

CNY (¥)

Jun. 30, 2026

CNY (¥)

Dec. 31, 2025

CNY (¥)

Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]

Cash and cash equivalents

$ 88,988

¥ 709,217

¥ 603,790

¥ 806,599

Inventories

17,149

116,355

126,879

TOTAL ASSETS

332,677

2,257,236

2,390,948

Accounts and notes payable

69,850

473,936

517,878

Total liabilities

117,750

798,938

858,684

Total net revenues

109,062

¥ 739,996

1,477,619

Cost of revenues

(82,875)

(562,316)

(1,086,467)

Related Party [Member]

Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]

Accounts receivable

57,467

389,918

340,173

Total net revenues

$ 98,177

666,138

1,360,966

Variable Interest Entity, Primary Beneficiary [Member]

Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]

Cash and cash equivalents

890

334,198

Amounts due from Group companies

509,951

173,911

Inventories

Other assets

828

5,163

TOTAL ASSETS

511,765

513,340

Accounts and notes payable

Amounts due to Group companies

Accrued expenses and other liabilities

1,203

5,853

Other liabilities

4,618

1,305

Total liabilities

5,941

7,278

Net income (loss)

(237)

(400)

Variable Interest Entity, Primary Beneficiary [Member] | Group Companies [Member]

Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]

Total net revenues

^[1]

1,602

Variable Interest Entity, Primary Beneficiary [Member] | Related Party And Third Party [Member]

Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]

Total net revenues

Cost of revenues

¥ (1,785)

¥ (40)

Variable Interest Entity, Primary Beneficiary [Member] | Related Party [Member]

Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]

Accounts receivable

Accounts receivable from related parties

¥ 61

[1]	Inter-company revenues between VIEs and other subsidiaries

SCHEDULE OF ESTIMATED FUTURE AMORTIZATION EXPENSE FOR LAND USE RIGHTS (Details) ¥ in Thousands, $ in Thousands	Jun. 30, 2026 USD ($)	Jun. 30, 2026 CNY (¥)	Dec. 31, 2025 CNY (¥)
Land Use Right Net
Remaining in fiscal year 2026		¥ 637
2027		1,273
2028		1,273
2029		1,273
2030		1,273
Thereafter		50,266
Land use right, net	$ 8,253	¥ 55,995	¥ 56,631

ORGANIZATION AND PRINCIPAL ACTIVITIES (Details Narrative)	6 Months Ended
	Jun. 30, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Entity incorporation date	2015-01

SCHEDULE OF ACTIVITY IN ALLOWANCE FOR CREDIT LOSSES RELATED TO ACCOUNTS AND NOTES RECEIVABLE AND OTHER RECEIVABLES FROM RELATED PARTIES (Details) - CNY (¥) ¥ in Thousands	6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
Accounting Policies [Abstract]
Balance at beginning of the year	¥ 6,750	¥ 10,965
Current year provision	2,007	11,874
Reversals	(215)	(309)
Write off	(3,208)	(2,083)
Balance at end of the year	¥ 5,334	¥ 20,447

- Definition

Amount of allowance for credit loss on financing receivable. Excludes allowance for financing receivable covered under loss sharing agreement.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479319/326-20-50-13

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 942
-SubTopic 210
-Name Accounting Standards Codification
-Section S45
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477657/942-210-S45-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 942
-SubTopic 210
-Name Accounting Standards Codification
-Section S50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478478/942-210-S50-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 942
-SubTopic 210
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03(7)(2))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478546/942-210-S99-1

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 942
-SubTopic 210
-Name Accounting Standards Codification
-Section 45
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477263/942-210-45-1

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479319/326-20-50-13

Reference 7: http://fasb.org/us-gaap/role/ref/otherTransitionRef
-Topic 310
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 11B
-Subparagraph (c)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481962/310-10-50-11B

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Name Regulation S-K (SK)
-Number 229
-Section 1405
-Paragraph c
-Publisher SEC

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Name Regulation S-K (SK)
-Number 229
-Section 1405
-Paragraph a
-Subparagraph (1)
-Publisher SEC

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Name Regulation S-K (SK)
-Number 229
-Section 1405
-Paragraph a
-Subparagraph (3)
-Publisher SEC

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(4))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 45
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479344/326-20-45-1

+ Details

Condensed Consolidated Balance Sheets Unaudited ¥ in Thousands, $ in Thousands	Jun. 30, 2026 USD ($)	Jun. 30, 2026 CNY (¥)	Dec. 31, 2025 CNY (¥)
Current assets:
Cash and cash equivalents	$ 88,988	¥ 603,790	¥ 806,599
Restricted cash	22,599	153,338	164,431
Short-term deposits	41,156	279,247	257,950
Short-term investments	17,804	120,805	82,598
Other receivables from related parties (net of allowance of RMB1 and nil as of December 31, 2024 and December 31, 2025, respectively)	79	537	200
Inventories, net	17,149	116,355	126,879
Prepaid expenses and other current assets	14,644	99,361	157,096
Total current assets	263,868	1,790,366	1,960,461
Non-current assets:
Prepaid expenses and other non-current assets	2,195	14,893	19,055
Prepaid expenses and other non-current assets	45,895	311,399	305,432
Long-term deposits	2,986	20,260	20,101
Deferred tax assets	3,204	21,737	8,415
Intangible assets, net	830	5,631	6,255
Right-of-use assets, net	96	653	1,646
Land use rights, net	8,253	55,995	56,631
Long-term investment	5,350	36,302	12,952
Long-term investment	68,809	466,870	430,487
TOTAL ASSETS	332,677	2,257,236	2,390,948
Current liabilities:
Accounts and notes payable (including accounts and notes payable of the consolidated variable interest entities and their subsidiaries (“VIEs”) without recourse to the Company of RMB26 as of December 31, 2025 and June 30, 2026)	69,850	473,936	517,878
Advances from customers	1,809	12,275	10,153
Amount due to related parties	393	2,668	596
Accrued expenses and other liabilities (including accrued expenses and other liabilities of the consolidated VIEs without recourse to the Company of RMB1,046 and RMB5,853 as of December 31, 2024 and 2025, respectively)	20,466	138,854	157,043
Short-term borrowing	7,369	50,000	40,000
Income tax payables	775	5,261	1,439
Lease liabilities due within one year	67	453	1,310
Long-term borrowing-current portion	3,679	24,959	25,061
Total current liabilities	104,408	708,406	753,480
Non-current liabilities:
Accrued expenses and other liabilities–non-current portion	7,532	51,108	53,117
Long-term borrowing	5,775	39,187	51,666
Lease liabilities	35	237	421
Total non-current liabilities	13,342	90,532	105,204
Total liabilities	117,750	798,938	858,684
Commitments and contingencies \| ¥
Shareholders’ equity
Treasury stock \| ¥		(112,527)	(103,085)
Additional paid-in capital \| ¥		1,421,133	1,414,499
Retained earnings \| ¥		169,764	226,317
Accumulated other comprehensive income (loss) \| ¥		(25,204)	(11,080)
Total equity attributable to shareholders of the Company	214,172	1,453,178	1,526,663
Non-controlling interests	755	5,120	5,601
Total shareholders’ equity	214,927	1,458,298	1,532,264
Total liabilities and shareholders' equity	332,677	2,257,236	2,390,948
Common Class A [Member]
Non-current liabilities:
Commitments and contingencies \| $
Shareholders’ equity
Common stock value	1	6	6
Common Class B [Member]
Shareholders’ equity
Common stock value	1	6	6
Treasury stock \| $	(16,584)
Additional paid-in capital \| $	209,449
Retained earnings \| $	25,020
Accumulated other comprehensive income (loss) \| $	(3,715)
Nonrelated Party [Member]
Current assets:
Accounts receivable	3,982	27,015	24,535
Related Party [Member]
Current assets:
Accounts receivable	$ 57,467	¥ 389,918	¥ 340,173

SUMMARY OF CASH AND CASH EQUIVALENTS (Details)
¥ in Thousands, $ in Thousands

Jun. 30, 2026

USD ($)

Jun. 30, 2026

CNY (¥)

Dec. 31, 2025

USD ($)

Dec. 31, 2025

CNY (¥)

Jun. 30, 2025

CNY (¥)

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Cash and cash equivalents

$ 88,988

¥ 603,790

¥ 806,599

¥ 709,217

RMB [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Cash and cash equivalents

512,545

$ 642,729

642,729

US Dollar [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Cash and cash equivalents

12,920

87,999

22,589

158,775

Others [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Cash and cash equivalents

^[1]

$ 102,694

¥ 3,246

$ 107,755

¥ 5,095

[1]	As of June 30, 2026, other currency primarily consists of Korean Won.

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
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Reference 2: http://www.xbrl.org/2003/role/disclosureRef
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Reference 3: http://www.xbrl.org/2003/role/disclosureRef
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Reference 5: http://www.xbrl.org/2003/role/disclosureRef
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Reference 6: http://www.xbrl.org/2003/role/disclosureRef
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Reference 7: http://www.xbrl.org/2003/role/disclosureRef
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Reference 8: http://www.xbrl.org/2003/role/disclosureRef
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Reference 9: http://www.xbrl.org/2003/role/disclosureRef
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Reference 13: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

SCHEDULE OF SHORT-TERM BORROWINGS (Details)
¥ in Thousands, $ in Thousands

Jun. 30, 2026

USD ($)

Jun. 30, 2026

CNY (¥)

Apr. 28, 2026

CNY (¥)

Jan. 21, 2026

CNY (¥)

Jan. 01, 2026

CNY (¥)

Dec. 31, 2025

CNY (¥)

Mar. 25, 2025

CNY (¥)

Jan. 08, 2025

CNY (¥)

Short-Term Debt [Line Items]

Short term borrowings

$ 7,369

¥ 50,000

¥ 40,000

Agricultural Bank of China [Member]

Short-Term Debt [Line Items]

Short term borrowings

^[1]

40,000

Bank of China [Member]

Short-Term Debt [Line Items]

Short term borrowings

10,000

^[2]

¥ 20,000

¥ 10,000

¥ 20,000

30,000

^[2]

¥ 30,000

Industrial and Commercial Bank of China [Member]

Short-Term Debt [Line Items]

Short term borrowings

^[3]

¥ 10,000

^[3]

¥ 10,000

[1]	On January 1, 2026, the Group entered into a loan agreement with Agricultural Bank of China to borrow RMB20.0 million as working capital for one year, with a maturity date of December 31, 2026. The loan has a fixed interest rate of 2.25% per annum. On April 28, 2026, the Group entered into a loan agreement with Agricultural Bank of China to borrow RMB20.0 million as working capital for one year, with a maturity date of April 27, 2027. The loan has a fixed interest rate of 2.31% per annum.
[2]	On January 8, 2025, the Group entered into a loan agreement with Bank of China to borrow RMB30.0 million as working capital for one year. The loan was withdrawn on January 15, 2025 and as a maturity date in January 15, 2026. The loan has a fixed interest rate of 2.85% per annum. The loan was fully repaid upon maturity.
[3]	On March 25, 2025, the Group entered into a loan agreement with Industrial and Commercial Bank to borrow RMB10.0 million as working capital for one year, with a maturity date of March 26, 2026. These loans have a fixed interest rate of 2.75% per annum. The loan was fully repaid upon maturity.

- Definition

Reflects the total carrying amount as of the balance sheet date of debt having initial terms less than one year or the normal operating cycle, if longer.

+ References + Details

Condensed Consolidated Statements of Comprehensive Income (Loss) Unaudited ¥ in Thousands, $ in Thousands	6 Months Ended
	Jun. 30, 2026 USD ($) $ / shares shares	Jun. 30, 2026 CNY (¥) ¥ / shares shares	Jun. 30, 2025 CNY (¥) ¥ / shares shares
Net revenues:
Total net revenues	$ 109,062	¥ 739,996	¥ 1,477,619
Cost of revenues	(82,875)	(562,316)	(1,086,467)
Gross profit	26,187	177,680	391,152
Operating expenses
Research and development expenses	(14,157)	(96,059)	(89,313)
Selling and marketing expenses	(16,147)	(109,556)	(129,034)
General and administrative expenses	(6,102)	(41,401)	(63,029)
Total operating expenses	(36,406)	(247,016)	(281,376)
Other income, net	2,742	18,604	9,071
Income from operations	(7,477)	(50,732)	118,847
Interest income and short-term investment income, net	2,134	14,479	18,687
Income before income tax expenses	(5,343)	(36,253)	137,534
Income tax expenses	1,398	9,486	(17,006)
Net income (loss) from operations	(3,945)	(26,767)	120,528
Net income (loss) from operations	(3,945)	(26,767)	120,528
Net (loss) income	(3,945)	(26,767)	120,528
Less: Net (loss) income attributable to the non-controlling interest shareholders	(71)	(481)	133
Net (loss) income attributable to ordinary shareholders of the Company	(3,874)	(26,286)	120,395
Other comprehensive loss, net of tax:
Foreign currency translation adjustment	(2,082)	(14,124)	(3,875)
Total comprehensive (loss) income attributable to ordinary shareholders of the Company	$ (5,956)	¥ (40,410)	¥ 116,520
Net income (loss) per share attributable to ordinary shareholders of the Company
-Basic \| (per share)	$ (0.02)	¥ (0.13)	¥ 0.59
-Diluted \| (per share)	$ (0.02)	¥ (0.13)	¥ 0.58
Weighted average number of ordinary shares used in calculating net income (loss) per share
-Basic	201,065,185	201,065,185	203,856,436
-Diluted	201,065,185	201,065,185	205,865,093
Related Party [Member]
Net revenues:
Total net revenues	$ 98,177	¥ 666,138	¥ 1,360,966
Operating expenses
Selling and marketing expenses \| ¥		(19,512)	(28,056)
Nonrelated Party [Member]
Net revenues:
Total net revenues	$ 10,885	¥ 73,858	¥ 116,653

PROPERTY, PLANT, AND EQUIPMENT, NET

6 Months Ended

Jun. 30, 2026

Property, Plant, and Equipment [Abstract]

PROPERTY, PLANT, AND EQUIPMENT, NET

9.	PROPERTY, PLANT, AND EQUIPMENT, NET

	As of December 31,			As of June 30,
	2025			2026
	RMB			RMB
				(unaudited)
Buildings		258,910			258,910
Computers and equipment		171,989			196,988
Vehicles		3,038			3,498
Total		433,937			459,396
Less: accumulated depreciation		(128,505	)		(147,997	)
Property, plant, and equipment, net		305,432			311,399

The Group had recorded depreciation expense of RMB16,335 and RMB19,494 for the six months ended June 30, 2025 and 2026, respectively. No impairment was recorded for the six months ended June 30, 2025 and 2026.

In addition, the Group also pledged certain property, plant, and equipment for the Group’s long-term borrowings (See Note 11).

VIOMI TECHNOLOGY CO., LTD

NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE SIX MONTHS ENDED JUNE 30, 2025 AND 2026

(Amounts in thousands, except shares, ADS, per share and per ADS data)

- Definition

The entire disclosure for property, plant, and equipment. Includes, but is not limited to, land and land improvement; building; machinery and equipment; furniture and fixture; and work of art, historical treasure, or similar asset classified as collection.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 360
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482099/360-10-50-3

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 360
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-Name Accounting Standards Codification
-Section 50
-Paragraph 3
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482099/360-10-50-3

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 360
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Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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Reference 5: http://www.xbrl.org/2003/role/disclosureRef
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Reference 7: http://www.xbrl.org/2003/role/disclosureRef
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477798/958-360-50-7

+ Details

SCHEDULE OF ACCRUED EXPENSES AND OTHER LIABILITIES (Details) ¥ in Thousands, $ in Thousands	Jun. 30, 2026 USD ($)	Jun. 30, 2026 CNY (¥)	Dec. 31, 2025 CNY (¥)
Accrued Expenses And Other Liabilities
Accrued payroll and welfare		¥ 51,533	¥ 62,810
Payment for purchase of property		43,136	42,127
Product warranty		25,095	31,035
Professional fee payables		19,495	14,670
Deposit from suppliers		12,745	11,988
Marketing and promotion expenses		12,209	18,461
Freight payable		9,858	11,364
Other tax payable		2,072	9,871
Installation fee payables		1,888	335
Refund liabilities		892	129
Other current liabilities		11,039	7,370
Total		189,962	210,160
Less: non-current portion		(51,108)	(53,117)
Accrued expenses and other liabilities-current portion	$ 20,466	¥ 138,854	¥ 157,043

SCHEDULE OF RECONCILIATION INCOME TAX EXPENSES (Details) ¥ in Thousands, $ in Thousands	6 Months Ended
	Jun. 30, 2026 USD ($)	Jun. 30, 2026 CNY (¥)	Jun. 30, 2025 CNY (¥)
Income Tax Disclosure [Abstract]
Income (loss) from operations in the PRC		¥ (30,186)	¥ 128,325
Income (loss) from overseas entities		(6,067)	9,209
Income before income tax expenses	$ (5,343)	(36,253)	137,534
Tax expenses (benefits) from overseas entities at PRC enterprise income tax rate		¥ (9,063)	¥ 34,384
Tax Jurisdiction of Domicile [Extensible Enumeration]	Income Tax Jurisdiction, Domestic Federal [Member]	Income Tax Jurisdiction, Domestic Federal [Member]	Income Tax Jurisdiction, Domestic Federal [Member]
Tax expense from overseas entities at PRC enterprise income tax rate, percentage	25.00%	25.00%	25.00%
Effect of income tax in jurisdictions other than the PRC		¥ 561	¥ (2,285)
Effect of income tax in jurisdictions other than the PRC, percentage	(1.50%)	(1.50%)	(1.70%)
Income tax on tax holiday		¥ 3,406	¥ (14,993)
Income tax on tax holiday, percentage	(9.40%)	(9.40%)	(10.90%)
Tax effect of permanent differences		¥ (9,209)	¥ (7,050)
Tax effect of permanent differences, percentage	25.40%	25.40%	(5.10%)
Change in valuation allowance		¥ 3,818	¥ 5,876
Change in valuation allowance, percentage	(10.50%)	(10.50%)	4.30%
Effect of share-based compensation		¥ 1,001	¥ 1,074
Effect of share-based compensation, percentage	(2.80%)	(2.80%)	0.80%
Income tax expenses (benefits)	$ (1,398)	¥ (9,486)	¥ 17,006
Income tax expenses, percentage	26.20%	26.20%	12.40%

INVENTORIES, NET

6 Months Ended

Jun. 30, 2026

Inventory Disclosure [Abstract]

INVENTORIES, NET

7.	INVENTORIES, NET

Inventories, net consisted of the followings:

SCHEDULE OF INVENTORIES

	As of December 31,		As of June 30,
	2025		2026
	RMB		RMB
			(unaudited)
Finished goods		105,315		87,507
Raw materials		21,564		28,848
Inventories, net		126,879		116,355

The Group recorded inventory written down amounted to RMB805 and RMB1,039 as of December 31, 2025 and June 30, 2026, respectively.

SUMMARY OF SUPPLEMENTAL CASH FLOW INFORMATION FOR LEASES (Details) - CNY (¥) ¥ in Thousands	6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
Leases
Operating cash flows relating to operating leases	¥ 830	¥ 790

ORDINARY SHARES

6 Months Ended

Jun. 30, 2026

Equity [Abstract]

ORDINARY SHARES

16.

ORDINARY SHARES

The Company adopts a dual-class ordinary share structure. Pursuant to the resolution of the shareholders of the Company on August 23, 2018, the Company’s authorized share capital became US$50,000 divided into 5,000,000,000 shares comprising of (i) 4,800,000,000 class A ordinary shares of a par value of US$0.00001 each (“Class A Ordinary Shares”), (ii) 150,000,000 class B ordinary shares of a par value of US$0.00001 each (“Class B Ordinary Shares”) and 50,000,000 shares of a par value of US$0.00001 each of such class or classes (however designated) as the board of directors may determine in accordance with post-offering amended and restated memorandum and articles of association. In respect of all matters subject to a shareholder vote, each Class A ordinary share is entitled to one vote, and each Class B Ordinary Share is entitled to ten (10) votes, voting together as one class. Each Class B Ordinary Share is convertible into one Class A Ordinary Share at any time by the holder thereof. Class A Ordinary Shares are not convertible into Class B Ordinary Shares under any circumstances. Upon any transfer of Class B Ordinary Shares by a holder to any person or entity other than holders of Class B Ordinary Shares or their affiliates, such Class B Ordinary Shares shall be automatically and immediately converted into the equivalent number of Class A Ordinary Shares.

Immediately prior to the completion of the IPO, 16,145,454 issued Class A Ordinary Shares held by certain key management founders, 33,818,182 issued Pre-IPO Class B Ordinary Shares held by Red Better, and 67,636,364 issued Pre-IPO Class B Ordinary Shares held by Mr. Chen’s wholly-owned entity Viomi Limited was automatically converted by way of re-designation and re-classification into Class B Ordinary Shares on a one-for-one basis, and the rest of the outstanding 4,000,000 Class A Ordinary Shares, the rest of the outstanding 33,818,182 Pre-IPO Class B Ordinary Shares, and all outstanding 18,181,818 Series A Preferred Shares was automatically converted by way of re-designation and re-classification into Class A Ordinary Shares on a one-for-one basis. Upon the completion of the Company’s IPO in 2018, 34,200,000 Class A Ordinary Shares were issued, and the Company had 90,200,000 Post-IPO Class A Ordinary Shares and 117,600,000 Post-IPO Class B Ordinary Shares outstanding, respectively.

As of June 30, 2026, the Company had 95,171,125 Class A Ordinary Shares and 102,674,548 Class B Ordinary Shares outstanding, respectively, following the share option exercises into Class A Ordinary Shares, conversions of Class B Ordinary Shares to Class A Ordinary Shares as well as the repurchase of Class A Ordinary Shares following the IPO during the previous years.

- Definition

The entire disclosure for equity.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
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Reference 3: http://www.xbrl.org/2003/role/disclosureRef
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Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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Reference 7: http://www.xbrl.org/2003/role/disclosureRef
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Reference 8: http://www.xbrl.org/2003/role/disclosureRef
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Reference 9: http://www.xbrl.org/2003/role/disclosureRef
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Reference 10: http://www.xbrl.org/2003/role/disclosureRef
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Reference 11: http://www.xbrl.org/2003/role/disclosureRef
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Reference 12: http://www.xbrl.org/2003/role/disclosureRef
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Reference 13: http://www.xbrl.org/2003/role/disclosureRef
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Reference 14: http://www.xbrl.org/2003/role/disclosureRef
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Reference 15: http://www.xbrl.org/2003/role/disclosureRef
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Reference 17: http://www.xbrl.org/2003/role/disclosureRef
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Reference 18: http://www.xbrl.org/2003/role/disclosureRef
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Reference 19: http://www.xbrl.org/2003/role/disclosureRef
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Reference 26: http://www.xbrl.org/2003/role/disclosureRef
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Reference 29: http://www.xbrl.org/2003/role/disclosureRef
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Reference 30: http://www.xbrl.org/2003/role/disclosureRef
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Reference 31: http://www.xbrl.org/2003/role/disclosureRef
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Reference 35: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

SCHEDULE OF INVENTORIES (Details) ¥ in Thousands, $ in Thousands	Jun. 30, 2026 USD ($)	Jun. 30, 2026 CNY (¥)	Dec. 31, 2025 CNY (¥)
Inventory Disclosure [Abstract]
Finished goods		¥ 87,507	¥ 105,315
Raw materials		28,848	21,564
Inventories, net	$ 17,149	¥ 116,355	¥ 126,879

PREPAID EXPENSES AND OTHER ASSETS (Tables)

6 Months Ended

Jun. 30, 2026

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

SCHEDULE OF PREPAID EXPENSES AND OTHER ASSETS

	As of December 31,			As of June 30,
	2025			2026
	RMB			RMB
				(unaudited)
Advances to suppliers		96,911			67,404
Prepaid expenses		16,101			18,341
Other receivables		45,267			13,847
Prepayment for equipment		17,225			10,631
Lease hold improvement		584			3,630
Expected return assets		63			401
Total		176,151			114,254
Less: non-current portion		(19,055	)		(14,893	)
Prepaid expenses and other assets-current portion		157,096			99,361

SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Jun. 30, 2026

Accounting Policies [Abstract]

SCHEDULE OF ACTIVITY IN ALLOWANCE FOR CREDIT LOSSES RELATED TO ACCOUNTS AND NOTES RECEIVABLE AND OTHER RECEIVABLES FROM RELATED PARTIES

	Six Months ended June 30,
	2025			2026
	RMB			RMB
	(unaudited)			(unaudited)
Balance at beginning of the period		10,965			6,750
Current period provision		11,874			2,007
Reversals		(309	)		(215	)
Write off		(2,083	)		(3,208	)
Balance at end of the period		20,447			5,334

SCHEDULE OF PRODUCT WARRANT ACTIVITIES (Details) - CNY (¥) ¥ in Thousands	6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
Accrued Expenses And Other Liabilities
Standard Product Warranty Accrual	¥ 31,035	¥ 40,568
Provided during the year	18,737	19,624
Utilized during the year	(24,677)	(29,157)
Standard Product Warranty Accrual	¥ 25,095	¥ 31,035

SHORT-TERM INVESTMENTS (Details Narrative) ¥ in Thousands, $ in Thousands	Jun. 30, 2026 USD ($)	Jun. 30, 2026 CNY (¥)	Dec. 31, 2025 CNY (¥)
Cash and Cash Equivalents [Abstract]
Short-term investments	$ 17,804	¥ 120,805	¥ 82,598

SCHEDULE OF PER SHARES EFFECT OF TAX (Details) - ¥ / shares	6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
Income Tax Disclosure [Abstract]
Net income (loss) per share effect–basic	¥ (0.02)	¥ 0.07
Net income (loss) per share effect–diluted	¥ (0.02)	¥ 0.07

RESTRICTED CASH

6 Months Ended

Jun. 30, 2026

Restricted Cash

RESTRICTED CASH

5.	RESTRICTED CASH

As of December 31, 2025 and June 30, 2026, the Group held restricted cash of RMB164,431 and RMB153,338, respectively, in designated bank accounts, which were primarily composed of the deposit required for issuing bank acceptance bills of RMB77,332 and RMB45,956, respectively, capital deposit of RMB770 and RMB771, and the foreign exchange deposits of RMB79,717 and RMB78,532, respectively.

ORGANIZATION AND PRINCIPAL ACTIVITIES

6 Months Ended

Jun. 30, 2026

Organization, Consolidation and Presentation of Financial Statements [Abstract]

ORGANIZATION AND PRINCIPAL ACTIVITIES

1.	ORGANIZATION AND PRINCIPAL ACTIVITIES

(a)

Principal activities

Viomi Technology Co., Ltd (the “Company”) is a holding company incorporated under the Laws of the Cayman Islands in January 2015. The Company, through its consolidated subsidiaries and “VIEs” (collectively referred to as the “Group”) is primarily engaged in the operation of developing and selling Home water solution businesses products in the People’s Republic of China (the “PRC”).

As of June 30, 2026, details of the Company’s principal subsidiaries and VIEs were as follows:

	Place of incorporation	Date of incorporation	Percentage of beneficial ownership			Principal activities
Subsidiaries:
Viomi HK	Hong Kong	January 30, 2015		100	%	Investment holding
Lequan	PRC	May 05, 2015		100	%	Investment holding
Codream HK	Hong Kong	August 20, 2019		100	%	Investment holding
Yunmi Hulian	PRC	December 9, 2019		100	%	Investment holding
Zhumeng Hulian	PRC	October 14, 2020		100	%	Investment holding
Guangdong Lizi	PRC	July 26, 2018		100	%	Home appliance development and sales
VIEs:
Guangdong Interconnect	PRC	December 7, 2020		100	%	Internet information services
Beijing Viomi	PRC	January 12, 2015		100	%	No substantial business

(b)

VIE Arrangements between the VIEs and the Company’s PRC subsidiaries

The Company, through Lequan or Zhumeng Hulian, entered into a series of contractual arrangements, including: (1) exclusive consultation and service agreements; (2) exclusive purchase option agreements, (3) shareholder voting proxy agreements and (4) equity pledge agreements with Beijing Viomi, Guangdong Interconnect and their shareholders, respectively. These arrangements enable Lequan or Zhumeng Hulian through their PRC subsidiaries to (1) have power to direct the activities that most significantly affects the economic performance of the VIEs, through the exercise of the shareholders’ rights under the shareholder voting proxy agreement as the shareholders’ meetings of the VIEs appoint the board of directors of the VIEs, and (2) receive the economic benefits of the VIEs that could be significant to the VIEs through the exclusive consultation and service agreement. Accordingly, Lequan or Zhumeng Hulian are considered the primary beneficiaries of the respective VIEs and have consolidated the VIEs’ financial results of operations, assets and liabilities in the Company’s consolidated financial statements.

In making the conclusion that Lequan or Zhumeng Hulian are the primary beneficiaries of the VIEs, the Company believes Lequan or Zhumeng Hulian’s rights under the terms of the option agreement provide them with a substantive kick-out right. As advised by the Company’s PRC legal counsel, the Company believes the terms of the option agreement are valid, binding and enforceable under PRC laws and regulations currently in effect. The Company also believes that the consideration which is the minimum amount permitted by the applicable PRC law to exercise the option does not represent a financial barrier or disincentive for Lequan or Zhumeng Hulian to currently exercise their rights under the exclusive option agreement.

A simple majority vote of Lequan or Zhumeng Hulian’s board of directors is required to pass a resolution to exercise their rights under the option agreement. Lequan or Zhumeng Hulian’s rights under the option agreement give them the power to control the shareholders of Beijing Viomi and Guangdong Interconnect In addition, Lequan or Zhumeng Hulian’s rights under the shareholder voting proxy agreement also reinforce their abilities to direct the activities that most significantly impact the VIEs’ economic performance. The Company also believes that this ability to exercise control ensures that the VIEs will continue to execute consultation and service agreements and also ensures that consultation and service agreements will be executed and renewed indefinitely unless a written agreement is signed by all parties to terminate it or a mandatory termination is requested by PRC laws or regulations. Lequan and Zhumeng Hulian have the rights to receive substantially all of the economic benefits from the VIEs.

On March 20, 2026, the exclusive consultation and service agreements and equity pledge agreements between Lequan, Beijing Viomi and each of the shareholders of Beijing Viomi was subsequently amended and restated, and the terms were substantially similar to the exclusive consultation and service agreements described before. Other than the amendments described above, there have been no material changes to the contractual arrangements with the VIEs, the Company’s determination of the primary beneficiary of the VIEs, or the related risks since December 31, 2025.

The Company believes that the contractual arrangements among its subsidiaries, their VIEs and their respective shareholders are in compliance with PRC laws and regulations and are legally enforceable. However, uncertainties in the PRC legal system could limit Lequan and Zhumeng Hulian’s ability to enforce the contractual arrangements. If the legal structure and contractual arrangements were found to be in violation of PRC laws and regulations, the PRC government could could take various regulatory or enforcement actions that could adversely affect the Company’s business and its ability to consolidate the VIEs.

VIOMI TECHNOLOGY CO., LTD

NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE SIX MONTHS ENDED JUNE 30, 2025 AND 2026

(Amounts in thousands, except shares, ADS, per share and per ADS data)

1.	ORGANIZATION AND PRINCIPAL ACTIVITIES (Continued)

(b)

VIE Arrangements between the VIEs and the Company’s PRC subsidiaries (Continued)

The following table sets forth the assets, liabilities, results of operations and cash flows of the VIEs and its subsidiaries taken as a whole on an aggregated basis, which were included in the Group’s unaudited condensed consolidated financial statements. For purposes of this presentation, activity within and between the VIEs and their subsidiaries have been eliminated, but transactions with other entities within the Consolidated Group have been included without elimination.

	As of December 31,		As of June 30,
	2025		2026
	RMB		RMB
			(unaudited)
Cash and cash equivalents		334,198		890
Accounts receivable from third parties (net of allowance of nil as of December 31, 2025 and June 30, 2026)		-		35
Accounts receivable		-		35
Accounts receivable from related parties		-		61
Amounts due from Group companies		173,911		509,951
Inventories		68		-
Other assets		5,163		828
Total assets		513,340		511,765
Accounts and notes payable		26		26
Amounts due to Group companies		94		94
Accrued expenses and other liabilities		5,853		1,203
Other liabilities		1,305		4,618
Total liabilities		7,278		5,941

	Six Months ended June 30,
	2025			2026
	RMB			RMB
	(unaudited)			(unaudited)
Revenue from Group companies ⁽¹⁾		-			1,602
Revenue from a related party and third parties		-			18

Cost from a related party and third parties		(40	)		(1,785	)

Net loss		(400	)		(237	)

(1)	*Inter-company revenues between VIEs and other subsidiaries*

VIEs sell certain products and provide marketing services to other subsidiaries. For the six months ended June 30, 2025 and 2026, the inter-company sales recognized by VIEs to Primary beneficiaries of VIEs and their subsidiaries for the six months ended June 30, 2025 and 2026 are nil and RMB1,602, respectively.

VIOMI TECHNOLOGY CO., LTD

NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE SIX MONTHS ENDED JUNE 30, 2025 AND 2026

(Amounts in thousands, except shares, ADS, per share and per ADS data)

SUMMARY OF ASSETS MEASURED AT FAIR VALUE ON RECURRING BASIS (Details) - Fair Value, Recurring [Member] - CNY (¥)
¥ in Thousands

Jun. 30, 2026

Dec. 31, 2025

Fair Value, off-Balance-Sheet Risks, Disclosure Information [Line Items]

Short-term investments

¥ 120,805

¥ 82,598

Fair Value, Inputs, Level 1 [Member]

Fair Value, off-Balance-Sheet Risks, Disclosure Information [Line Items]

Short-term investments

Fair Value, Inputs, Level 2 [Member]

Fair Value, off-Balance-Sheet Risks, Disclosure Information [Line Items]

Short-term investments

^[1]

120,805

82,598

Fair Value, Inputs, Level 3 [Member]

Fair Value, off-Balance-Sheet Risks, Disclosure Information [Line Items]

Short-term investments

[1]

- Definition

Fair value portion of investment securities, including, but not limited to, marketable securities, derivative financial instruments, and investments accounted for under the equity method.

+ References + Details

Condensed Consolidated Statements of Cash Flows Unaudited ¥ in Thousands, $ in Thousands	6 Months Ended
	Jun. 30, 2026 USD ($)	Jun. 30, 2026 CNY (¥)	Jun. 30, 2025 CNY (¥)
Statement of Cash Flows [Abstract]
Net cash (used in) provided by operating activities	$ (6,948)	¥ (47,137)	¥ 227,478
Cash flows from investing activities
Purchase of equipment	(3,699)	(25,099)	(12,673)
Purchase of lease hold improvement	(92)	(625)
Purchase of intangible assets	(13)	(85)	(141)
Purchase of short-term investments	(40,375)	(273,949)	(37,614)
Maturity of short-term investments	32,965	223,671	2,043
Disposal of property and equipment			20
Placement of long-term investments	(1,179)	(8,000)
Placement of long-term deposits	(3,265)	(22,156)
Maturities of long-term deposits	3,215	21,813
Placement of short-term deposits	(114,935)	(779,848)	(598,688)
Maturities of short-term deposits	110,737	751,361	336,454
Net cash used in investing activities	(16,641)	(112,917)	(310,599)
Cash flows from financing activities
Proceeds from exercise of vested share options			164
Receipt of borrowing	7,369	50,000	41,118
Repayment of borrowing	(7,749)	(52,581)	(64,817)
Dividend Paid	(4,460)	(30,264)
Purchase of non-controlling interests			(7,729)
Repurchase of ordinary shares	(1,392)	(9,442)
Net cash provided by (used in) financing activities	(6,232)	(42,287)	(31,264)
Effect of exchange rate changes on cash and cash equivalents	(1,704)	(11,561)	(3,338)
Net decrease in cash and cash equivalents and restricted cash	(31,525)	(213,902)	(117,723)
Net (decrease) increase in cash and cash equivalents and restricted cash	(31,525)	(213,902)	(117,723)
Cash and cash equivalents and restricted cash at the beginning of the year	143,112	971,030	1,167,480
Cash and cash equivalents and restricted cash at the end of the year	111,587	757,128	1,049,757
Cash and cash equivalents of continuing operations at the end of the year	88,988	603,790	709,217
Restricted cash of continuing operations at the end of the year	22,599	153,338	340,540
Supplemental disclosures of cash flow information:
Acquisition of equipment in form of other payable	379	2,572
Decrease in a right-of-use asset due to remeasurement of lease terms	$ 24	¥ 163

SCHEDULE OF FUTURE MATURITIES OF LONG-TERM BORROWINGS (Details) - CNY (¥) ¥ in Thousands	Jun. 30, 2026	Dec. 31, 2025
Debt Disclosure [Abstract]
Remaining in fiscal year 2026	¥ 12,480
2027	24,959
2028	24,959
2029	1,180
2030	568
Total long-term borrowings	¥ 64,146	¥ 76,727

- Definition

Amount, after deduction of unamortized premium (discount) and debt issuance cost, of long-term debt. Excludes lease obligation.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 942
-SubTopic 235
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.9-06)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477314/942-235-S99-2

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 942
-SubTopic 210
-Name Accounting Standards Codification
-Section S45
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477657/942-210-S45-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
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-SubTopic 210
-Name Accounting Standards Codification
-Section S50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478478/942-210-S50-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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-SubTopic 210
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03(16))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478546/942-210-S99-1

Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef
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-SubTopic 10
-Name Accounting Standards Codification
-Section S50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480657/210-10-S50-9

Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef
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-Name Accounting Standards Codification
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-Paragraph 1
-Subparagraph (SX 210.5-02(22))
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Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
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-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480738/235-10-S50-4

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
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-Paragraph 3
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-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3

Reference 9: http://www.xbrl.org/2003/role/exampleRef
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-Name Accounting Standards Codification
-Section 55
-Paragraph 8
-Publisher FASB
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Reference 10: http://www.xbrl.org/2003/role/exampleRef
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Reference 12: http://www.xbrl.org/2003/role/disclosureRef
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-Subparagraph (b)
-Publisher FASB
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Reference 13: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 944
-SubTopic 210
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03(a)(16)(a)(2))
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Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
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-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Subparagraph (b)(3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-4

+ Details

Condensed Consolidated Balance Sheets Unaudited (Parenthetical) ¥ in Thousands, $ in Thousands	Jun. 30, 2026 CNY (¥) shares	Dec. 31, 2025 CNY (¥) shares
Allowance for doubtful accounts receivable \| ¥
Accounts and notes payable	473,936	517,878
Accrued expenses and other liabilities-current portion	¥ 138,854	¥ 157,043
Common Class A [Member]
Common stock, shares authorized \| shares	4,800,000,000	4,800,000,000
Common stock, shares issued \| shares	95,171,125	99,200,641
Common stock, shares outstanding \| shares	95,171,125	99,200,641
Common Class B [Member]
Common stock, shares authorized \| shares	150,000,000	150,000,000
Common stock, shares issued \| shares	102,674,548	102,764,548
Common stock, shares outstanding \| shares	102,674,548	102,764,548
Variable Interest Entity, Primary Beneficiary [Member]
Accounts and notes payable \| ¥	¥ 26	¥ 26
Accrued expenses and other liabilities-current portion \| ¥	203	5,853
Nonrelated Party [Member]
Allowance for doubtful accounts receivable \| ¥	5,334	6,750
Related Party [Member]
Allowance for doubtful accounts receivable \| ¥
Allowance for doubtful other accounts receivable \| ¥

COMMITMENTS AND CONTINGENCIES

6 Months Ended

Jun. 30, 2026

Commitments and Contingencies Disclosure [Abstract]

COMMITMENTS AND CONTINGENCIES

22.

COMMITMENTS AND CONTINGENCIES

(a)

Operating lease commitments

The operating commitments mainly consist of the short-term lease commitments and leases that have not yet commenced but that create significant rights and obligations for the Company, which are not included in operating lease right-of–use assets and lease liabilities. As of June 30, 2026, there were no future minimum commitments under non-cancelable agreements.

(b)

Capital and other commitment

Capital expenditures contracted for at the balance sheet dates but not recognized in the unaudited condensed consolidated financial statements are as follows:

SUMMARY OF CAPITAL AND OTHER COMMITMENT

	As of December 31,		As of June 30,
	2025		2026
		RMB		RMB
				(unaudited)
Property, plant, and equipment		57,147		57,772

(c)

Legal proceedings

From time to time, the Group is involved in claims and legal proceedings that arise in the ordinary course of business. Based on currently available information, management does not believe that the ultimate outcome of these unresolved matters, individually and in the aggregate, is likely to have a material adverse effect on the Group’s financial position, results of operations or cash flows.

However, litigation is subject to inherent uncertainties and the Group’s view of these matters may change in the future. If an unfavorable outcome were to occur, there exists the possibility of a material adverse impact on the Group’s financial position and results of operations for the periods in which the unfavorable outcome occurs.

VIOMI TECHNOLOGY CO., LTD

NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE SIX MONTHS ENDED JUNE 30, 2025 AND 2026

(Amounts in thousands, except shares, ADS, per share and per ADS data)

FAIR VALUE MEASUREMENTS

6 Months Ended

Jun. 30, 2026

Fair Value Disclosures [Abstract]

FAIR VALUE MEASUREMENTS

20.

FAIR VALUE MEASUREMENTS

The Group did not have any other financial instruments that were required to be measured at fair value on a recurring basis as of December 31, 2025 and June 30, 2026 except for short-term investments (Note 6).

The following table summarizes the Group’s assets that are measured at fair value on a recurring basis and are categorized using the fair value hierarchy as of December 31, 2025 and June 30, 2026:

	Level 1		Level 2 ⁽ⁱ⁾		Level 3		Total
As of June 30, 2026
Short-term investments		-		120,805		-		120,805
As of December 31, 2025
Short-term investments		-		82,598		-		82,598

(i)

Apart from the short-term investments, the Group’s other financial instruments consist principally of cash and cash equivalents, restricted cash, short-term and long-term deposits, accounts and notes receivable, other receivables, amounts due to/from related parties, accounts and notes payable and certain accrued expenses. They are recorded at cost which approximates fair value.

VIOMI TECHNOLOGY CO., LTD

NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE SIX MONTHS ENDED JUNE 30, 2025 AND 2026

(Amounts in thousands, except shares, ADS, per share and per ADS data)

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (bbb)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 107
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482078/820-10-55-107

Reference 3: http://www.xbrl.org/2003/role/exampleRef
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-Name Accounting Standards Codification
-Section 55
-Paragraph 100
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482078/820-10-55-100

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2E
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2E

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (g)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 940
-SubTopic 820
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478119/940-820-50-1

+ Details

ACCRUED EXPENSES AND OTHER LIABILITIES

6 Months Ended

Jun. 30, 2026

Accrued Expenses And Other Liabilities

ACCRUED EXPENSES AND OTHER LIABILITIES

12.

ACCRUED EXPENSES AND OTHER LIABILITIES

	As of December 31,			As of June 30,
	2025			2026
	RMB			RMB
				(unaudited)
Accrued payroll and welfare		62,810			51,533
Payment for purchase of property		42,127			43,136
Product warranty		31,035			25,095
Professional fee payables		14,670			19,495
Deposit from suppliers		11,988			12,745
Marketing and promotion expenses		18,461			12,209
Freight payable		11,364			9,858
Other tax payable		9,871			2,072
Installation fee payables		335			1,888
Refund liabilities		129			892
Other current liabilities		7,370			11,039
Total		210,160			189,962
Less: non-current portion		(53,117	)		(51,108	)
Accrued expenses and other liabilities-current portion		157,043			138,854

Product warranty activities were as follows:

SCHEDULE OF PRODUCT WARRANT ACTIVITIES

	Product Warranty
	RMB
Balance at January 1, 2025		40,568
Provided during the period		19,624
Utilized during the period		(29,157	)
Balance at June 30, 2025		31,035

Balance at January 1, 2026		31,035
Provided during the period		18,737
Utilized during the period		(24,677	)
Balance at June 30, 2026		25,095

LEASES

6 Months Ended

Jun. 30, 2026

Leases

LEASES

21.

LEASES

The Group’s operating leases are principally for office space and facilities. As of December 31, 2025 and June 30, 2026, The Group’s operating leases had a weighted average discount rate of 4.75% and 4.75% and a weighted-average remaining term of 0.9 years and 1.4 years for the six months ended June 30, 2025 and 2026, respectively. The components of lease expense were as follow:

SUMMARY OF COMPONENTS OF LEASE EXPENSE

	2025		2026
	Six Months ended June 30,
	2025		2026
	RMB		RMB
	(unaudited)		(unaudited)
Lease cost
Operating lease expense		868		863
Short-term lease expense (i)		71		186
Total lease cost		939		1,049

(i)

Includes leases with a term of one year or less.

Supplemental cash flow information for leases was as follows:

	Six Months ended June 30,
	2025		2026
	RMB		RMB
	(unaudited)		(unaudited)
Operating cash flows relating to operating leases		790		830

As of June 30, 2026, the aggregate future minimum rental payments under non-cancelable agreement were as follows:

Years ending December 31,	RMB
Remaining in fiscal year 2026		358
2027		225
2028		131
Total future minimum rental payment		714
Less amount representing imputed interest		(24	)
Present value of future minimum rental payments		690
Less current portion, recorded in other current liabilities		453
Long-term lease liabilities, recorded in other long-term liabilities		237

LEASES (Details Narrative)	Jun. 30, 2026	Dec. 31, 2025	Jun. 30, 2025
Leases
Operating leases, weighted average discount rate	4.75%	4.75%
Operating leases, weighted-average remaining lease term	1 year 4 months 24 days		10 months 24 days

Condensed Consolidated Statements of Changes in Shareholders' Equity Unaudited ¥ in Thousands, $ in Thousands	Common Stock [Member] Common Class A [Member] CNY (¥) shares	Common Stock [Member] Common Class B [Member] CNY (¥) shares	Additional Paid-in Capital [Member] CNY (¥)	Treasury Stock, Common [Member] CNY (¥) shares	Retained Earnings [Member] CNY (¥)	AOCI Attributable to Parent [Member] CNY (¥)	Parent [Member] CNY (¥)	Noncontrolling Interest [Member] CNY (¥)	Common Class A [Member] shares	Common Class B [Member] shares	USD ($) shares	CNY (¥) shares
Balance at Dec. 31, 2024	¥ 6	¥ 6	¥ 1,374,451	¥ (85,426)	¥ 153,125	¥ 2,279	¥ 1,444,441	¥ 5,316				¥ 1,449,757
Balance, shares at Dec. 31, 2024 \| shares	101,059,544	102,764,550
Treasury stock, common, shares at Dec. 31, 2024 \| shares				12,626,052
Net loss attributable to the Company and non-controlling interest shareholders					120,395		120,395	133				120,528
Purchase of equity interests from non-controlling interests			(821)		(6,908)		(7,729)					(7,729)
Share-based compensation related to 2015 and 2018 Share Incentive Plan			7,160				7,160					7,160
Issuance of ordinary shares for exercised share options			164				164					¥ 164
Issuance of ordinary shares for exercised share options, shares \| shares	45,426										45,426	45,426
Foreign currency translation adjustment						(3,875)	(3,875)					¥ (3,875)
Balance at Jun. 30, 2025	¥ 6	¥ 6	1,380,954	¥ (85,426)	266,612	(1,596)	1,560,556	5,449				1,566,005
Balance, shares at Jun. 30, 2025 \| shares	101,104,970	102,764,550
Treasury stock, common, shares at Jun. 30, 2025 \| shares				12,626,052
Balance at Dec. 31, 2025	¥ 6	¥ 6	1,414,499	¥ (103,085)	226,317	(11,080)	1,526,663	5,601				1,532,264
Balance, shares at Dec. 31, 2025 \| shares	99,200,641	102,764,548
Treasury stock, common, shares at Dec. 31, 2025 \| shares				15,703,314
Net loss attributable to the Company and non-controlling interest shareholders					(26,286)		(26,286)	(481)			$ (3,945)	(26,767)
Share-based compensation related to 2015 and 2018 Share Incentive Plan			6,568				6,568					6,568
Issuance of ordinary shares for exercised share options			63				63					¥ 63
Issuance of ordinary shares for exercised share options, shares \| shares	82,998										82,998	82,998
Foreign currency translation adjustment						(14,124)	(14,124)				$ (2,082)	¥ (14,124)
Repurchase of ordinary shares				¥ (9,442)			(9,442)					(9,442)
Repurchase of shares \| shares	(4,202,514)			(4,202,514)
Repurchase of shares \| shares	4,202,514			4,202,514
Appropriation to statutory reserves			3		(3)
Dividends declared					(30,264)		(30,264)					(30,264)
Class B Ordinary Shares converted to Class A Ordinary Shares
Class B Ordinary shares converted to Class A Ordinary shares, shares \| shares	90,000	(90,000)
Balance at Jun. 30, 2026	¥ 6	¥ 6	¥ 1,421,133	¥ (112,527)	¥ 169,764	¥ (25,204)	¥ 1,453,178	¥ 5,120			$ 214,927	¥ 1,458,298
Balance, shares at Jun. 30, 2026 \| shares	95,171,125	102,674,548							95,171,125	102,674,548
Treasury stock, common, shares at Jun. 30, 2026 \| shares				19,905,828

SCHEDULE OF REVENUE (Details) ¥ in Thousands, $ in Thousands	6 Months Ended
	Jun. 30, 2026 USD ($)	Jun. 30, 2026 CNY (¥)	Jun. 30, 2025 CNY (¥)
Disaggregation of Revenue [Line Items]
Total	$ 109,062	¥ 739,996	¥ 1,477,619
Sale Of Home Water Solutions [Member]
Disaggregation of Revenue [Line Items]
Total		473,374	1,058,318
Sale Of Consumables [Member]
Disaggregation of Revenue [Line Items]
Total		131,743	123,182
Saleof Kitchen Appliances and Others [Member]
Disaggregation of Revenue [Line Items]
Total		127,260	286,048
Product [Member]
Disaggregation of Revenue [Line Items]
Total		732,377	1,467,548
Service [Member]
Disaggregation of Revenue [Line Items]
Total		¥ 7,619	¥ 10,071

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-7

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-5

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 91
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479777/606-10-55-91

Reference 4: http://www.xbrl.org/2003/role/exampleRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 91
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479777/606-10-55-91

Reference 5: http://www.xbrl.org/2003/role/exampleRef
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-Name Accounting Standards Codification
-Section 55
-Paragraph 91
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479777/606-10-55-91

Reference 6: http://www.xbrl.org/2003/role/exampleRef
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-SubTopic 10
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-Section 55
-Paragraph 91
-Subparagraph (d)
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-URI https://asc.fasb.org/1943274/2147479777/606-10-55-91

Reference 7: http://www.xbrl.org/2003/role/exampleRef
-Topic 606
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-URI https://asc.fasb.org/1943274/2147479777/606-10-55-91

Reference 8: http://www.xbrl.org/2003/role/exampleRef
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Reference 9: http://www.xbrl.org/2003/role/exampleRef
-Topic 606
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-Paragraph 91
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-URI https://asc.fasb.org/1943274/2147479777/606-10-55-91

ORDINARY SHARES (Details Narrative) ¥ / shares in Units, ¥ in Thousands		6 Months Ended
	Aug. 23, 2018 CNY (¥) ¥ / shares shares	Jun. 30, 2026 $ / shares shares	Dec. 31, 2025 $ / shares shares
Class of Stock [Line Items]
Shares issued \| ¥	¥ 50,000
Shates issued	5,000,000,000
Common Stock shares authorized	50,000,000
Common stock, shares authorized \| ¥ / shares	¥ 0.00001
Common Class A [Member]
Class of Stock [Line Items]
Common Stock shares authorized	4,800,000,000	4,800,000,000	4,800,000,000
Common stock, shares authorized \| (per share)	¥ 0.00001	$ 0.00001	$ 0.00001
Common stock shares outstanding		95,171,125	99,200,641
Shares outstanding		95,171,125
Common Class A [Member] \| IPO [Member]
Class of Stock [Line Items]
Shates issued		16,145,454
Common stock shares outstanding		4,000,000
Common Class A [Member] \| IPO [Member] \| Two Thousand Eighteen [Member]
Class of Stock [Line Items]
Shates issued		34,200,000
Shates issued		90,200,000
Common Class B [Member]
Class of Stock [Line Items]
Common Stock shares authorized	150,000,000	150,000,000	150,000,000
Common stock, shares authorized \| (per share)	¥ 0.00001	$ 0.00001	$ 0.00001
Common stock shares outstanding		102,674,548	102,764,548
Shares outstanding		102,674,548
Common Class B [Member] \| IPO [Member]
Class of Stock [Line Items]
Shates issued		33,818,182
Common Class B [Member] \| IPO [Member] \| Two Thousand Eighteen [Member]
Class of Stock [Line Items]
Shates issued		117,600,000
Common Class B [Member] \| IPO [Member] \| Mr Chens [Member]
Class of Stock [Line Items]
Shates issued		67,636,364
Preferred Class A [Member] \| IPO [Member]
Class of Stock [Line Items]
Common stock shares outstanding		18,181,818

ORGANIZATION AND PRINCIPAL ACTIVITIES (Tables)

6 Months Ended

Jun. 30, 2026

Organization, Consolidation and Presentation of Financial Statements [Abstract]

SCHEDULE OF PRINCIPAL SUBSIDIARIES AND VIES

As of June 30, 2026, details of the Company’s principal subsidiaries and VIEs were as follows:

	Place of incorporation	Date of incorporation	Percentage of beneficial ownership			Principal activities
Subsidiaries:
Viomi HK	Hong Kong	January 30, 2015		100	%	Investment holding
Lequan	PRC	May 05, 2015		100	%	Investment holding
Codream HK	Hong Kong	August 20, 2019		100	%	Investment holding
Yunmi Hulian	PRC	December 9, 2019		100	%	Investment holding
Zhumeng Hulian	PRC	October 14, 2020		100	%	Investment holding
Guangdong Lizi	PRC	July 26, 2018		100	%	Home appliance development and sales
VIEs:
Guangdong Interconnect	PRC	December 7, 2020		100	%	Internet information services
Beijing Viomi	PRC	January 12, 2015		100	%	No substantial business

SCHEDULE OF FINANCIAL STATEMENT AMOUNTS AND BALANCES OF VIES

	As of December 31,		As of June 30,
	2025		2026
	RMB		RMB
			(unaudited)
Cash and cash equivalents		334,198		890
Accounts receivable from third parties (net of allowance of nil as of December 31, 2025 and June 30, 2026)		-		35
Accounts receivable		-		35
Accounts receivable from related parties		-		61
Amounts due from Group companies		173,911		509,951
Inventories		68		-
Other assets		5,163		828
Total assets		513,340		511,765
Accounts and notes payable		26		26
Amounts due to Group companies		94		94
Accrued expenses and other liabilities		5,853		1,203
Other liabilities		1,305		4,618
Total liabilities		7,278		5,941

	Six Months ended June 30,
	2025			2026
	RMB			RMB
	(unaudited)			(unaudited)
Revenue from Group companies ⁽¹⁾		-			1,602
Revenue from a related party and third parties		-			18

Cost from a related party and third parties		(40	)		(1,785	)

Net loss		(400	)		(237	)

(1)	*Inter-company revenues between VIEs and other subsidiaries*

- Definition

Tabular disclosure of the significant judgments and assumptions made in determining whether a variable interest (as defined) held by the entity requires the variable interest entity (VIE) (as defined) to be consolidated and (or) disclose information about its involvement with the VIE, individually or in aggregate (as applicable); the nature of restrictions, if any, on the consolidated VIE's assets and on the settlement of its liabilities reported by an entity in its statement of financial position, including the carrying amounts of such assets and liabilities; the nature of, and changes in, the risks associated with involvement in the VIE; how involvement with the VIE affects the entity's financial position, financial performance, and cash flows; the lack of recourse if creditors (or beneficial interest holders) of the consolidated VIE have no recourse to the general credit of the primary beneficiary (if applicable); the terms of arrangements, giving consideration to both explicit arrangements and implicit variable interests, if any, that could require the entity to provide financial support to the VIE, including events or circumstances that could expose the entity to a loss; the methodology used by the entity for determining whether or not it is the primary beneficiary of the variable interest entity; the significant factors considered and judgments made in determining that the power to direct the activities of a VIE that most significantly impact the VIE's economic performance are shared (as defined); the carrying amounts and classification of assets and liabilities of the VIE included in the statement of financial position; the entity's maximum exposure to loss, if any, as a result of its involvement with the VIE, including how the maximum exposure is determined and significant sources of the entity's exposure to the VIE; a comparison of the carrying amounts of the assets and liabilities and the entity's maximum exposure to loss; information about any liquidity arrangements, guarantees, and (or) other commitments by third parties that may affect the fair value or risk of the entity's variable interest in the VIE; whether or not the entity has provided financial support or other support (explicitly or implicitly) to the VIE that it was not previously contractually required to provide or whether the entity intends to provide that support, including the type and amount of the support and the primary reasons for providing the support; and supplemental information the entity determines necessary to provide.

+ References + Details

SCHEDULE OF LONG-TERM BORROWINGS (Details) ¥ in Thousands, $ in Thousands	Jun. 30, 2026 USD ($)	Jun. 30, 2026 CNY (¥)	Dec. 31, 2025 CNY (¥)
Line of Credit Facility [Line Items]
Total		¥ 64,146	¥ 76,727
Less: long-term borrowing-current portion		(24,959)	(25,061)
Long-term borrowing	$ 5,775	39,187	51,666
Line of Credit [Member]
Line of Credit Facility [Line Items]
Total		¥ 64,146	¥ 76,727

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

+ Details

- Definition

Amount, after deduction of unamortized premium (discount) and debt issuance cost, of long-term debt. Excludes lease obligation.

+ References

+ Details

SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) ¥ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2026 CNY (¥) Integer	Jun. 30, 2025 CNY (¥)	Dec. 31, 2025 CNY (¥)	Dec. 31, 2024 CNY (¥)	Apr. 01, 2019
Product Information [Line Items]
Foreign currency exchange buying rate	6.7851
Number of installment payments from customer \| Integer	2
Percentage of second installment payment arrangement to total revenue	7.80%	12.40%
Expected sales return	¥ 789	¥ 474
Expected return asset	401		¥ 63
Refund liability	892		129
Value added tax rate					13.00%
Deferred revenue	3,028		416
Expected credit loss provision for accounts and notes receivable and other receivables	5,334	20,447	6,750	¥ 10,965
Uncertain tax positions, interest and penalties recognized	0		0
Statutory reserve funds	3
[custom:AccumulatedStatutoryReserveFunds]	39,013		¥ 39,010
Location, Statement of Income, Balance [Axis]: us-gaap:GeneralAndAdministrativeExpense
Product Information [Line Items]
Allowance for doubtful accounts	1,792	11,565
Installation Services [Member]
Product Information [Line Items]
Revenue recognized amount	416	¥ 1,864
Membership Service [Member]
Product Information [Line Items]
Expect to recognize unearned amount for remaining performance obligation in 2026	¥ 3,028

LAND USE RIGHT, NET (Details Narrative) - CNY (¥) ¥ in Thousands	6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
Land Use Right Net
Amortization of land use rights	¥ 636	¥ 637

SUMMARY OF STOCK OPTION ACTIVITY (Details) - CNY (¥) ¥ / shares in Units, ¥ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2026	Jun. 30, 2025	Dec. 31, 2025	Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]
Number of options, Outstanding	25,036,905	24,440,836	24,440,836
Weighted average exercise price, Outstanding	¥ 0.46	¥ 0.51	¥ 0.51
Weighted-average remaining contractual life (years), Outstanding	11 years 10 days	10 years 9 months 18 days	11 years 8 months 23 days	11 years 5 months 4 days
Aggregate intrinsic value, Outstanding	¥ 21,353	¥ 19,794	¥ 19,794
Number of options, Granted	1,210,000	780,000
Weighted average exercise price, Granted	¥ 0.11	¥ 1.68
Number of options, Forfeited	(3,328,587)	(1,671,573)
Weighted average exercise price, Forfeited	¥ 0.32	¥ 0.20
Number of options, Exercised	(82,998)	(45,426)
Weighted average exercise price, Exercised	¥ 0.11	¥ 0.50
Number of options, Outstanding	22,835,320	23,503,837	25,036,905	24,440,836
Weighted average exercise price, Outstanding	¥ 0.46	¥ 0.52	¥ 0.46	¥ 0.51
Aggregate intrinsic value, Outstanding	¥ 18,770	¥ 19,475	¥ 21,353	¥ 19,794
Number of options, Exercisable	11,179,334
Weighted average exercise price, Exercisable	¥ 0.81
Weighted-average remaining contractual life (years), Exercisable	3 years 2 months 23 days
Aggregate intrinsic value, Exercisable	¥ 12,720
Number of options, Expected to vest	13,486,116
Weighted average exercise price, Expected to vest	¥ 0.17
Weighted-average remaining contractual life (years), Expected to vest	17 years 11 months 19 days
Aggregate intrinsic value, Expected to vest	¥ 8,036

Unaudited Condensed Parent Company Balance Sheets (Details) ¥ in Thousands, $ in Thousands	Jun. 30, 2026 USD ($)	Jun. 30, 2026 CNY (¥)	Dec. 31, 2025 CNY (¥)	Jun. 30, 2025 CNY (¥)
ASSETS
Cash and cash equivalents	$ 88,988	¥ 603,790	¥ 806,599	¥ 709,217
Short-term investments	17,804	120,805	82,598
TOTAL ASSETS	332,677	2,257,236	2,390,948
Liabilities
Accounts and notes payable	69,850	473,936	517,878
Total liabilities	117,750	798,938	858,684
Shareholders’ equity
Treasury stock		(112,527)	(103,085)
Additional paid-in capital		1,421,133	1,414,499
Retained earnings		169,764	226,317
Total equity attributable to shareholders of the Company	214,172	1,453,178	1,526,663
Total liabilities and shareholders' equity	332,677	2,257,236	2,390,948
Common Class A [Member]
Shareholders’ equity
Ordinary shares value	1	6	6
Common Class B [Member]
Shareholders’ equity
Ordinary shares value	1	6	6
Treasury stock \| $	(16,584)
Additional paid-in capital \| $	209,449
Retained earnings \| $	$ 25,020
Parent Company [Member]
ASSETS
Cash and cash equivalents		2,370	2,918
Short-term investments		2,208	2,667
Amounts due from Group companies		461,878	501,851
Investments in subsidiaries		455,685	471,430
Other assets		647,738	660,149
TOTAL ASSETS		1,569,879	1,639,015
Liabilities
Accounts and notes payable			863
Accrued expenses and other liabilities		3,727	4,608
Amounts due to Group companies		112,974	106,881
Total liabilities		116,701	112,352
Shareholders’ equity
Treasury stock		(112,527)	(103,085)
Additional paid-in capital		1,395,929	1,403,419
Retained earnings		169,764	226,317
Total equity attributable to shareholders of the Company		1,453,178	1,526,663
Total liabilities and shareholders' equity		1,569,879	1,639,015
Parent Company [Member] \| Common Class A [Member]
Shareholders’ equity
Ordinary shares value		6	6
Parent Company [Member] \| Common Class B [Member]
Shareholders’ equity
Ordinary shares value		¥ 6	¥ 6

COMMITMENTS AND CONTINGENCIES (Details Narrative) ¥ in Thousands	Jun. 30, 2026 CNY (¥)
Commitments and Contingencies Disclosure [Abstract]
Future minimum commitments under non-cancelable agreements	¥ 0

INCOME TAX EXPENSES

6 Months Ended

Jun. 30, 2026

Income Tax Disclosure [Abstract]

INCOME TAX EXPENSES

15.

INCOME TAX EXPENSES

Cayman Islands

Under the current tax laws of the Cayman Islands, the Company and its subsidiaries are not subject to tax on income or capital gains. Besides, upon payment of dividends by the Company to its shareholders, no Cayman Islands withholding tax will be imposed.

Hong Kong

Under the current Hong Kong Inland Revenue Ordinance, the subsidiaries of the Group in Hong Kong are subject to 8.25% and 16.5% Hong Kong profit tax on its taxable income within HKD$2 million and beyond HKD$2 million, respectively, generated from operations in Hong Kong. Additionally, payments of dividends by the subsidiaries incorporated in Hong Kong to the Company are not subject to any Hong Kong withholding tax.

PRC

In accordance with the Enterprise Income Tax Law (“EIT Law”), Foreign Investment Enterprises (“FIEs”) and domestic companies are subject to Enterprise Income Tax (“EIT”) at a uniform rate of 25%. The subsidiaries and VIEs of the Group in the PRC are subject to a uniform income tax rate of 25% for years presented except for the entities which are qualified to certified High and New Technology Enterprises (“HNTE”) that are entitled to a favorable statutory tax rate of 15%. According to a policy promulgated by the State Tax Bureau of the PRC and effective from 2008 onwards, enterprises engaged in research and development activities are entitled to claim an additional tax deduction amounting to 50% of the qualified research and development expenses incurred in determining its tax assessable profits for that year. The additional tax deduction has been increased from 50% of the qualified research and development expenses to 75%, effective from 2018 to 2020, according to a new tax incentives policy promulgated by the State Tax Bureau of the PRC in September 2018. The additional tax deduction has been increased from 75% of the qualified research and development expenses to 100%, effective from 2021, according to a new tax incentives policy promulgated by the State Tax Bureau of the PRC in May 2021 (“Super Deduction”).

Withholding tax on undistributed dividends

Under the CIT Law and its implementation rules, the profits of a foreign-invested enterprise arising in 2008 and thereafter that are distributed to its immediate holding company outside the PRC are subject to withholding tax at a rate of 10%. A lower withholding tax rate will be applied if there is a beneficial tax treaty between the PRC and the jurisdiction of the foreign holding company. A holding company in Hong Kong, for example, will be eligible, with approval of the PRC local tax authority, to be subject to a 5% withholding tax rate under the Arrangement Between the PRC and the Hong Kong Special Administrative Region on the Avoidance of Double Taxation and Prevention of Fiscal Evasion with Respect to Taxes on Income and Capital if such holding company is considered to be a non-PRC resident enterprise and holds at least 25% of the equity interests in the PRC foreign-invested enterprise distributing the dividends. However, if the Hong Kong holding company is not considered to be the beneficial owner of such dividends under applicable PRC tax regulations, such dividend will remain subject to withholding tax at a rate of 10%. Aggregate undistributed earnings of the Group entities located in the PRC that are available for distribution to the Company as of December 31, 2025 and June 30, 2026 are approximately RMB334,248 and RMB344,825, respectively. The Company does not intend to have any of its subsidiaries located in the PRC distribute any undistributed earnings of such subsidiaries in the foreseeable future, but rather expects that such earnings will be reinvested by such subsidiaries for their PRC daily operations. Accordingly, no withholding tax was recorded as of December 31, 2025 and June 30, 2026.

VIOMI TECHNOLOGY CO., LTD

NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE SIX MONTHS ENDED JUNE 30, 2025 AND 2026

(Amounts in thousands, except shares, ADS, per share and per ADS data)

15.

INCOME TAX EXPENSES (Continued)

Composition of income tax expenses (benefits)

The current and deferred components of income taxes appearing in the unaudited condensed consolidated statements of comprehensive income (loss) are as follows:

	2025			2026
	Six Months ended June 30,
	2025			2026
	RMB			RMB
	(unaudited)			(unaudited)
Current tax expenses		18,520			3,836
Deferred tax benefits		(1,514	)		(13,322	)
Income tax expenses (benefits)		17,006			(9,486	)

Reconciliation between the income tax expenses (benefits) computed by applying the PRC enterprise tax rate to income (loss) before income taxes and actual provision were as follows:

	2025						2026
	Six Months ended June 30,
	2025						2026
	RMB			%			RMB			%
	(unaudited)						(unaudited)
Income (loss) from operations in the PRC		128,325						(30,186	)
Income (loss) from overseas entities		9,209						(6,067	)
Income (loss) before income tax		137,534						(36,253	)
Tax expenses (benefits) from overseas entities at PRC enterprise income tax rate		34,384			25.0	%		(9,063	)		25.0	%
Effect of income tax in jurisdictions other than the PRC		(2,285	)		(1.7	)%		561			(1.5	)%

Nontaxable or nondeductible items
Income tax on tax holiday		(14,993	)		(10.9	)%		3,406			(9.4	)%
Tax effect of permanent differences		(7,050	)		(5.1	)%		(9,209	)		25.4	%

Change in valuation allowance		5,876			4.3	%		3,818			(10.5	)%
Effect of share-based compensation		1,074			0.8	%		1,001			(2.8	)%
Income tax expenses (benefits)		17,006			12.4	%		(9,486	)		26.2	%

The per share effect of the tax holidays were as follows:

SCHEDULE OF PER SHARES EFFECT OF TAX

	2025		2026
	Six Months ended June 30,
	2025		2026
	RMB		RMB
	(unaudited)		(unaudited)
Net income (loss) per share effect–basic		0.07		(0.02	)
Net income (loss) per share effect–diluted		0.07		(0.02	)

Deferred tax assets

The significant components of the Group’s deferred tax assets were as follows:

SCHEDULE OF DEFERRED TAX ASSETS

	As of December 31,			As of June 30,
	2025			2026
	RMB			RMB
				(unaudited)
Net operating loss carry forwards		49,541			66,838
Accrued expenses and others		8,343			8,161
Inventories write downs		120			154
Deferred income		28			19
Total deferred tax assets		58,032			75,172
Less: valuation allowance		(49,617	)		(53,435	)
Deferred tax assets, net		8,415			21,737

Movement of valuation allowance:

	2025		2026
	Six Months ended June 30,
	2025		2026
	RMB		RMB
	(unaudited)		(unaudited)
Balance at beginning of the period		40,032		49,617
Provided		5,876		3,818
Balance at end of the period		45,908		53,435

Uncertain tax positions

The Group evaluates the level of authority for each uncertain tax position (including the potential application of interest and penalties) based on the technical merits, and measures the unrecognized benefits associated with the tax positions. As of December 31, 2025 and June 30, 2026, the Group did not have any significant unrecognized uncertain tax positions.

According to the PRC Tax Administration and Collection Law, the statute of limitations is generally three years and can be extended to five years under special circumstances.

VIOMI TECHNOLOGY CO., LTD

NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE SIX MONTHS ENDED JUNE 30, 2025 AND 2026

(Amounts in thousands, except shares, ADS, per share and per ADS data)

- Definition

The entire disclosure for income tax.

+ References

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+ Details