UNAUDITED CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY

6 Months Ended

Jun. 30, 2026

Condensed Financial Information Disclosure [Abstract]

UNAUDITED CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY

25.

UNAUDITED CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY

Pursuant to the requirements of Rule 12-04(a), 5-04(c) and 4-08(e)(3) of Regulation S-X, the condensed financial information of the parent company shall be filed when the restricted net assets of consolidated subsidiaries exceed 25 percent of consolidated net assets as of the end of the most recently completed fiscal year. The Group performed a test on the restricted net assets of consolidated subsidiaries in accordance with such requirement and concluded that it was applicable to the Company as the restricted net assets of the Company’s PRC subsidiaries exceeded 25% of the consolidated net assets of the Company. Therefore, the condensed financial statements for the parent company are included herein.

For purposes of the above test, restricted net assets of consolidated subsidiaries shall mean that amount of the Company’s proportionate share of net assets of consolidated subsidiaries (after intercompany eliminations) which as of the end of the most recent fiscal year may not be transferred to the parent company by subsidiaries in the form of loans, advances or cash dividends without the consent of a third party.

The unaudited condensed financial information of the parent company has been prepared using the same accounting policies as set out in the Company’s unaudited condensed consolidated financial statements except that the parent company used the equity method to account for investment in its subsidiaries. Such investment is presented on the condensed balance sheets as “Investment in subsidiaries/VIEs” and the respective profit or loss as “Equity in (loss) gain of subsidiaries/VIEs” on the condensed statements of operations.

The footnote disclosures contain supplemental information relating to the operations of the Company and, as such, these statements should be read in conjunction with the notes to the unaudited condensed consolidated financial statements of the Company. Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S GAAP have been condensed or omitted.

The Company did not pay any dividend for the periods presented. As of December 31, 2025 and June 30, 2026, there were no material contingencies, significant provisions for long-term obligations, or guarantees of the Company, except for those which have been separately disclosed in the unaudited condensed consolidated financial statements, if any.

UNAUDITED CONDENSED PARENT COMPANY BALANCE SHEETS

		As of December 31,				As of June 30,
		2025				2026
			RMB				RMB
							(unaudited)
ASSETS
Cash and cash equivalents			2,918				2,370
Short-term investments			2,667				2,208
Amounts due from Group companies			501,851				461,878
Investments in subsidiaries			471,430				455,685
Other assets			660,149				647,738
Total assets			1,639,015				1,569,879

Liabilities
Accounts and notes payable			863.00				-
Accrued expenses and other liabilities			4,608				3,727
Amounts due to Group companies			106,881				112,974
Total Liabilities			112,352				116,701
Shareholders’ equity
Class A Ordinary Shares (US$0.00001 par value; 4,800,000,000 shares authorized; 99,200,641 and 95,171,125 shares issued and outstanding as of December 31, 2025 and June 30, 2026, respectively)			6				6
Class B Ordinary Shares (US$0.00001 par value; 150,000,000 shares authorized; 102,764,548 and 102,674,548 shares issued and outstanding as of December 31, 2025 and June 30, 2026, respectively)			6				6
Ordinary shares value			6				6
Treasury stock			(103,085	)			(112,527	)
Additional paid-in capital			1,403,419				1,395,929
Retained earnings			226,317				169,764
Total equity attributable to shareholders of the Company			1,526,663				1,453,178
Total liabilities and shareholders’ equity			1,639,015				1,569,879

VIOMI TECHNOLOGY CO., LTD

NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE SIX MONTHS ENDED JUNE 30, 2025 AND 2026

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

25.

CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY (Continued)

UNAUDITED CONDENSED PARENT COMPANY STATEMENTS OF OPERATIONS

		2025				2026
		Six Months ended June 30,
		2025				2026
		RMB				RMB
		(unaudited)				(unaudited)
Operating expenses
General and administrative expenses			(2,184	)			(2,348	)
Total operating expenses			(2,184	)			(2,348	)
Other (expenses) income, net			(57	)			1,472
Equity in gain (loss) of subsidiaries/VIEs			109,668				(33,401	)
Total operating income (expenses)			107,427				(34,277	)
Interest and investment income, net			13,288				7,991
Income (loss) before income tax expenses			120,715				(26,286	)
Income tax expenses			(320	)			-
Net income (loss) attributable to ordinary shareholders of the Company			120,395				(26,286	)

UNAUDITED CONDENSED PARENT COMPANY STATEMENTS OF CASH FLOWS

		2025				2026
		Six Months ended June 30,
		2025				2026
		RMB				RMB
		(unaudited)				(unaudited)
Net cash provided by operating activities			447,348				83,059
Net cash used in by investing activities			(238,896	)			(23,838	)
Net cash used in financing activities			(35,629	)			(31,912	)
Effect of exchanges rates on cash and cash equivalents			15,425				(27,857	)
Net increase (decrease) in cash and cash equivalents			188,248				(548	)
Cash and cash equivalents at the beginning of the period			164,583				2,918
Cash and cash equivalents at the end of the period			352,831				2,370