Yunmi announced its 10th anniversary business reorganization and established two major sectors: water purification and AIoT

News from this site on May 9th, Yunmi Technology announced that it welcomes its 10th anniversary. Chen Xiaoping, founder/CEO of Yunmi Technology, today released a letter to all students, reviewing the 10-year history and future prospects.

Chen Xiaoping revealed that Yunmi Technology now has nearly a thousand people and more than 60 types of whole-house intelligent product matrices. The Yunmi Technology Park with an investment of 1 billion yuan will become one of the most popular places in the next 10 years. A new starting point for strategy.

In addition, Yunmi Technology restructured its existing business and divided the business into two major sectors: water purification and AIoT. In the next 10 years, these two major sectors will become Yunmi’s two major growth drivers.

Yunmi Technology also plans to invest 500 million yuan in industry and 2 billion yuan in major projects.

Foshan Yunmi Electrical Technology Co., Ltd. was established in May 2014 and was successfully listed on NASDAQ in the United States in September 2018. It provides "One-stop whole-house intelligence" solution: smart home appliances and smart home software services.

This site inquired about the company’s financial report and learned that Yunmi’s total revenue in 2023 was 2.493 billion yuan, a year-on-year decrease of 22.87%; Net loss narrowed by 69.27% ​​year-on-year to 84.674 million yuan; the cumulative number of home users reached approximately 8.4 million, and the proportion of home users with at least two Internet-connected products reached 23.0%.

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