Chen confidently said, "once the reorganization is completed, we will promptly focus on advantageous resources, maximizing the leading strength of our water purifier gigafactory, building the world's leading industrial chain system, achieving optimal scale efficiency, and enhancing the impact of our brand.” Industry experts commented that Viomi's reorganization is significant, on the one hand, divesting loss-making businesses to bring the company's operation into a benign state; on the other hand, focusing on the home water solution business to enhance its core competitiveness, so as to become a tech company that utilizes AI technology to provide better drinking water solutions for global home users.
Viomi's reorganization is significant, on the one hand, divesting loss-making businesses to bring the company's operation into a benign state; on the other hand, focusing on the home water solution business to enhance its core competitiveness, so as to become a tech company that utilizes AI technology to provide better drinking water solutions for global home users.
For the purpose of this business reorganization and the reason of focusing on the home water solution business and the related topics, the reporter contacted Chen Xiaoping, founder and CEO of Viomi. Mr. Chen introduced, "the business reorganization is to further implement the company's "Focus” strategy, through the divestment of loss-making business, to improve operational efficiency.
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