BRIEF-Viomi Technology Enters Definitive Agreements to Divest Certain IoT@Home Businesses-November 2024-www.financetom.com

BRIEF-Viomi Technology Enters Definitive Agreements to Divest Certain IoT@Home Businesses

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BRIEF-Viomi Technology Enters Definitive Agreements to Divest Certain IoT@Home Businesses

Jul 19, 2024 1:49 PM

July 19 (Reuters) - Viomi Technology Co Ltd ( VIOT ):

* VIOMI TECHNOLOGY CO. ( VIOT ), LTD ENTERS DEFINITIVE AGREEMENTS TO

DIVEST

CERTAIN IOT@HOME BUSINESSES IN AN EFFORT TO STRATEGICALLY FOCUS

ON HOME WATER SOLUTION BUSINESSES

* VIOMI TECHNOLOGY CO LTD ( VIOT ): PROPOSED DEAL FOR TOTAL

CONSIDERATION

OF RMB65 MILLION IN CASH

* VIOMI TECHNOLOGY CO LTD ( VIOT ) - XIAOPING CHEN TO ACQUIRE VIOMI'S

IOT@HOME BUSINESSES

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