v3.26.1
CONCENTRATION AND RISKS (Tables)
12 Months Ended
Dec. 31, 2025
Risks and Uncertainties [Abstract]  
SUMMARY OF CONCENTRATION OF RISK

Concentration risk of accounts and notes receivable from third parties are presented as below:

 

   As of December 31, 
   2024   2025 
   RMB       RMB     
Company A   9,653    40%   16,070    51%
Company B   -    -    6,004    19%
Company C   4,440    18%   -    - 

 

Concentration risk of accounts receivable from related parties are presented as below:

 

   As of December 31, 
   2024   2025 
   RMB       RMB     
Xiaomi   591,221    100%   304,078    89%
Foshan Viomi   -    -    36,095    11%

 

Concentration risk of other receivables from related parties are presented as below:

 

   As of December 31, 
   2024   2025 
   RMB       RMB     
Xiaomi   100    1%   200    100%
Foshan Viomi   11,134    99%   -    - 

 

 

VIOMI TECHNOLOGY CO., LTD

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

FOR THE YEARS ENDED DECEMBER 31, 2023, 2024 AND 2025

(Amounts in thousands, except shares, ADS, per share and per ADS data)

 

4.CONCENTRATION AND RISKS (Continued)

 

(c)Revenue concentration risk

 

   Year ended December 31, 
   2023   2024   2025 
   RMB       RMB       RMB     
Xiaomi   1,292,880    79%   1,752,246    83%   2,174,895    90%