Wetouch Technology INC

Wetouch Technology Inc. announced a private placement of common stock, raising approximately $38.8 million to fund touch-screen system development and acquisitions.

Wetouch Technology Inc. announced a special cash dividend of up to $0.5 million, or approximately $0.04 per share, to be paid around September 30, 2026, reflecting a commitment to shareholder value.

Wetouch Technology Inc. has increased its authorized common stock from 15 million to 65 million shares, effective January 7, 2026, following stockholder approval.

Wetouch Technology Inc. announced the results of its 2025 Annual Meeting, including the election of directors, ratification of auditors, and a significant increase in authorized common stock.

Wetouch Technology Inc. announced the appointment of Yunna Liu, an experienced financial expert, to its Board of Directors and as Chairperson of the Audit Committee, effective November 1, 2025.

WETOUCH TECHNOLOGY INC. announced it has regained compliance with Nasdaq listing rules by filing its overdue quarterly reports, resolving a previous delinquency notice.

Wetouch Technology reports Q1 2026 net income of $3.9 million, a 50% increase year-over-year, driven by higher revenues and reduced administrative expenses.

Wetouch Technology Inc. reports increased nine-month revenue and net income, but a decline in Q3 net income and gross profit, while progressing with its new production facility and addressing internal control weaknesses.

Wetouch Technology Inc. reports a 1.6% revenue increase for Q2 2025, but net income declined 18.5% to $2.2 million, while half-year net income surged 45.5% to $4.8 million.

Wetouch Technology Inc. reported a significant increase in net income and gross profit for the first quarter of 2025, driven by higher sales volume and improved cost management, despite ongoing internal control weaknesses.

Wetouch Technology Inc. experienced a slight revenue increase but a decrease in profitability in the third quarter of 2024, alongside ongoing challenges with internal controls and regulatory compliance.

Wetouch Technology Inc. experienced a decrease in revenue and net income for the second quarter of 2024, while continuing its expansion efforts with a new facility.

Wetouch Technology Inc. announced its annual results for the fiscal year ended December 31, 2025, reporting a 6.6% increase in revenue to $45.1 million.

Wetouch Technology Inc. reported a 6.5% revenue increase to $42.3 million in 2024, but net income declined by 27.7% to $6.0 million, alongside significant internal control weaknesses and Nasdaq non-compliance issues.

Wetouch Technology Inc. released its 10-K filing, reporting a revenue increase to $39.7 million and a net income of $8.3 million for the year ended December 31, 2023.

Wetouch Technology Inc. filed an amended proxy statement to correct an authorized share count and solicit votes for its 2025 Annual Meeting, including director elections and a proposed increase in common stock.

Wetouch Technology Inc. announces its Annual Shareholders Meeting to vote on director elections, auditor ratification, an increase in authorized common stock, and executive compensation.

Wetouch Technology Inc. filed an amendment to its definitive proxy statement, correcting the record date for its 2025 Annual Meeting and proposing an increase in authorized common stock from 15 million to 65 million shares.

Wetouch Technology Inc. will hold its 2025 Annual Meeting to elect directors, ratify auditors, approve a significant increase in authorized common stock, and vote on executive compensation.

Wetouch Technology Inc. announces a proposed underwritten offering of 3,000,000 shares of common stock, aiming to raise capital for debt repayment, expansion, and a potential Nasdaq listing.

Wetouch Technology Inc. is planning an underwritten offering of 4,000,000 shares of common stock, aiming for a Nasdaq listing contingent upon the offering's completion.

Wetouch Technology Inc. files an exhibit-only amendment to its Form S-1 registration statement to update and file Exhibit 23.1.