Viomi technology co., ltd announces share repurchase plan

Guangzhou, china, oct. 14, 2021 /prnewswire/ -- viomi technology co., ltd ("viomi" or the "company") (nasdaq: viot), a leading iot @ home technology company in china, today announced that the company's board of directors has approved a share repurchase program whereby the company is authorized to repurchase up to us$10 million worth of its class a ordinary shares in the form of american depositary shares over the next twelve calendar months. mr. xiaoping chen, founder, chairman of the board of directors and chief executive officer of viomi, said, "the share repurchase program demonstrates our confidence in our business outlook and long-term strategy, as well as our strong balance sheet and ability to generate cash flow.
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