Viomi Technology Co. Prices 11.4M ADS IPO Valued at Approx. $102.6M

Viomi Technology Co., Ltd (NASDAQ: VIOT) today announced that it has priced its initial public offering of 11,400,000 American depositary shares (“ADSs”), at US$9.0 per ADS for a total offering size of approximately US$102.6 million, assuming the underwriters do not exercise their over-allotment option to purchase additional ADSs. Each ADS represents three Class A ordinary shares of the Company. The ADSs are expected to begin trading on the Nasdaq Stock Market today under the ticker symbol “VIOT.”

The Company has granted the underwriters an option, exercisable within 30 days from the date of the final prospectus, to purchase up to an aggregate of 1,710,000 additional ADSs at the initial public offering price, less underwriting discounts and commissions to cover over-allotments.

Morgan Stanley & Co. LLC and China International Capital Corporation Hong Kong Securities Limited are acting as joint bookrunners of this offering and as the representatives of the underwriters. Needham & Company, LLC is acting as the co-manager of this offering.

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