SCHEDULE: Shunwei Group Maintains 22.1% Stake in Viomi

Shunwei Talent Limited and its affiliates reported a 22.1% beneficial ownership stake in Viomi Technology Co., Ltd.'s Class A ordinary shares.

Summary

• The filing reports that Koh Tuck Lye, Shunwei Capital Partners II GP Limited, Shunwei Capital Partners II GP, L.P., Shunwei China Internet Fund II, L.P., and Shunwei Talent Limited (collectively, the "Reporting Persons") beneficially own shares in Viomi Technology Co., Ltd.
• The Reporting Persons collectively hold 22,550,175 Class A ordinary shares, which are represented by 7,516,725 American Depositary Shares (ADSs).
• This ownership represents 22.1% of Viomi Technology Co., Ltd.'s Class A ordinary shares.
• The shares are directly held by Shunwei Talent Limited, which is wholly owned by Shunwei China Internet Fund II, L.P.
• The general partner of Shunwei China Internet Fund II, L.P. is Shunwei Capital Partners II GP, L.P., whose general partner is Shunwei Capital Partners II GP Limited, controlled by Mr. Koh Tuck Lye.
• The percentage of ownership is calculated based on 101,932,544 Class A ordinary shares outstanding as of February 29, 2024.
• Each Class A ordinary share is entitled to one vote per share, while Class B ordinary shares are entitled to ten votes per share.

Sentiment

Score: 5

Explanation: The filing is a routine beneficial ownership report (Schedule 13G/A) indicating a significant, but not new, stake by an institutional investor group. It does not contain information that would significantly alter sentiment.

Positives

• A significant institutional investor group, led by Koh Tuck Lye and the Shunwei entities, maintains a substantial 22.1% stake in Viomi Technology Co., Ltd., which may signal continued investor confidence.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional ownership stake, potentially signaling long-term investor confidence in the company.

Key Dates

Keywords

Viomi Technology, Shunwei, beneficial ownership, SEC filing, Schedule 13G, Class A shares, ADSs, institutional ownership, China Internet Fund