The debut in the bag by Xiaomi certainly did a lot of discussion and between highs and lows the company has achieved the desired results. Xiaomi has therefore also become an example for affiliated companies such as VIOMI, which since last night has been successfully listed at NASDAQ. The issue price of each single share is 9 dollars, through VIOT ticket, allowing the company to collect 103 million dollars at its first IPO.
Il CEO of the VIOMI company, Chen Xiaoping, he said during an interview:
I want to thank two people, Mr. Lei Jun of Xiaomi, who has allowed us to create a unique IoT Home platform that consists of an ecosystem of smart home products. The second person I thank is Mr. Fang Hongbo, who thanks to his long experience has laid the foundations in the industry. Combining these factors has created today's cloud-based IoT home-based devices. "
Xiaomi's partner for IoT products, VIOMI, is also on the stock exchange
The Company has granted to the subscribers an option, exercisable within 30 days from the date of the final prospectus, of purchase up to 1710000 ADS additional to the initial public offering price, net of subscription discounts and commissions to cover over-allocations.
The company was founded in May 2014 based in Foshan, Guangdong. Its main products range from smart appliances such as refrigerators, cooktops, cooker hoods, etc. until you get water purifiers, fans and even "magic mirrors". Xiaomi immediately proved to be a strategic partner and shareholder, allowing VIOMI products to access Xiaomi's ecosystems, the market and data resources and their support.
We are sure that VIOMI will win the success and that the collaboration with Xiaomi can bring benefits also in our country, where we look forward to the products of the Asian brand.
