Brief: Viomi Technology Announces Strategic Business Reorganization
25/07/2024 20:45
July 25 (Reuters) - Viomi Technology Co Ltd
VIOT.O :
* VIOMI TECHNOLOGY ANNOUNCES STRATEGIC BUSINESS
REORGANIZATION TO
ENHANCE CORE COMPETITIVENESS AND EFFICIENCY
* VIOMI TECHNOLOGY CO LTD - TO DIVEST PART OF COMPANY'S
IOT@HOME
BUSINESS AND RELATED ASSETS FOR A TOTAL CASH CONSIDERATION OF
RMB65 MILLION
* VIOMI TECHNOLOGY CO LTD - SIGNED A BUSINESS RESTRUCTURING
AGREEMENT WITH XIAOPING CHEN AND AN ENTITY CONTROLLED BY
XIAOPING CHEN
Source text for Eikon: ID:nGNX9LK9FJ
Further company coverage: VIOT.O
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