Wetouch Technology Shares Resume Trade
Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.
CHENGDU, China, July 8, 2024 /PRNewswire/ -- Wetouch Technologies Inc. (NASDAQ:WETH) ("Wetouch" or the "Company"), a leading innovator in the global touch display industry, today announced a stock buyback program to repurchase up to $15 million of the Company's common stock. Under the program, the Company is authorized to repurchase its shares from time to time in the open market or in privately negotiated transactions. The timing and amount of any repurchases will depend on a variety of factors, including price, trading volume, general market conditions, and other corporate considerations. The repurchase program does not obligate the Company to repurchase any specific number of shares and
CHENGDU, China, June 24, 2024 /PRNewswire/ -- WeTouch Technology Inc., (NASDAQ:WETH) ("WeTouch" or the "Company"), a leading innovator in the global touch display industry, today released CEO Zongyi Lian's Letter to Shareholders Strong Financial Position and Future Prospects of the company. Dear Fellow Shareholders, I hope this letter finds you well. I am writing to share some exciting updates and reaffirm the robust financial health and promising future of Wetouch Technology. First and foremost, I am pleased to inform you that our company's financial situation is very solid. As of our latest balance sheet, Wetouch Technology boasts a substantial cash reserve of $94.8 million USD. This stro
First Quarter Fiscal Year 2024 Revenue Reaches $14.9 Million, Marking an 11.2% Increase from 1Q 2023 CHENGDU, China, June 17, 2024 /PRNewswire/ -- WeTouch Technology Inc., (NASDAQ:WETH) ("WeTouch" or the "Company"), a leading innovator in the global touch display industry, today announced its financial results for the first quarter ended March 31, 2024. "We achieved higher revenue in the first quarter of fiscal 2024 by aggressively promoting our high-end products. Although our cost of goods sold increased due to the export controls imposed by the U.S. Department of Commerce on advanced computing and semiconductor manufacturing to China, we expect the procurement costs of chips and other raw
8-K - Wetouch Technology Inc. (0001826660) (Filer)
8-K - Wetouch Technology Inc. (0001826660) (Filer)
10-Q - Wetouch Technology Inc. (0001826660) (Filer)
First Quarter Fiscal Year 2024 Revenue Reaches $14.9 Million, Marking an 11.2% Increase from 1Q 2023 CHENGDU, China, June 17, 2024 /PRNewswire/ -- WeTouch Technology Inc., (NASDAQ:WETH) ("WeTouch" or the "Company"), a leading innovator in the global touch display industry, today announced its financial results for the first quarter ended March 31, 2024. "We achieved higher revenue in the first quarter of fiscal 2024 by aggressively promoting our high-end products. Although our cost of goods sold increased due to the export controls imposed by the U.S. Department of Commerce on advanced computing and semiconductor manufacturing to China, we expect the procurement costs of chips and other raw
CHENGDU, China, March 18, 2024 /PRNewswire/ -- Wetouch Technology Inc.(NASDAQ:WETH), a pioneering force in the global touch display industry, is proud to announce its latest milestone in establishing a robust international footprint. Through relentless dedication to innovation and customer satisfaction, Wetouch has solidified its position as a trusted provider of high-quality touch display solutions worldwide. Building on its esteemed reputation and unwavering commitment to excellence, Wetouch has forged a strategic collaboration with IDEC Corporation, a distinguished leader in automation equipment based in Japan. IDEC's dedication to creating solutions that bridge the gap between people an