<div id="readability-page-1">By Brian Lantier, CFA NASDAQ: VIOT READ THE FULL VIOT RESEARCH REPORT Viomi Technology (NASDAQ: VIOT) reported second-half results prior to the market open on March 25 that fell short of our expectations, largely due to a shift in demand driven by the Chinese government's water purification subsidy program. We expected that some demand would be pulled forward into the first half of 2025 as a result of these subsidies, when the policy was...</div>

云米

<p>云米（NASDAQ: VIOT）于 3 月 25 日公布的下半年业绩未能达到预期，主要是由于中国政府的水净化补贴计划影响了需求的变化。公司预计，由于这些补贴，部分需求可能会提前到 2025 年上半年，增长前景在 2026 年底和 2027 年将变得更加明朗</p>

VIOT：重新设定预期。2026 年底和 2027 年的增长前景开始受到关注