Wetouch Technology Inc

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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Wetouch Technology, Inc. engages in provision of consulting services. The company was founded on August 28, 1992 and is headquartered in Meishan, China.

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.

Wetouch Technologies Inc. Announces $15 Million Stock Buyback Program

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.

WeTouch Technology Inc. CEO Zongyi Lian's Letter to Shareholders

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.

WeTouch Announces First Quarter Fiscal Year 2024 Financial Results with Cash Reserves of $94.8 Million

CHENGDU, China , May 6, 2024 /PRNewswire/ -- Wetouch Technology Inc. (Nasdaq: WETH) proudly announces the launch of its highly anticipated second-generation touchable screen products. These innovative offerings redefine user experience with unmatched responsiveness, durability, and state-of-the-art design, solidifying Wetouch's position as an industry innovator and leader.

Wetouch Technology Inc. Unveils Cutting-Edge Second-Generation Touchscreen Products and Receives US $15M in Orders

CHENGDU, China , April 22, 2024 /PRNewswire/ -- Wetouch Technology Inc. (NASDAQ: WETH), a trailblazer in the global touch display industry, is pleased to announce its revenue guidance of $56.3 million USD for the fiscal year 2024, reflecting robust 41% growth and a resilient financial performance. Building upon the solid foundation laid in 2023, during which Wetouch recorded revenue of $39.70 million USD and net income of $8.26 million USD, the company continues to demonstrate its commitment to driving innovation and delivering value to shareholders.

Wetouch Technology Inc. Announces $56.3M USD Revenue Guidance for FY 2024, Reflecting 41% Growth Over FY 2023

CHENGDU, China , April 1, 2024 /PRNewswire/ -- Wetouch Technology Inc. (NASDAQ: WETH), a leading innovator in the global touch display industry, proudly announces its robust financial performance for the fiscal year 2023, showcasing remarkable growth and strong earnings. In 2023, Wetouch achieved an continuous revenue growth, reaching $39.71 million USD, compared to the previous year's revenue of $37.92 million USD.

Wetouch Technology Inc. Preannounce Earnings for Fiscal Year 2023

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.

Wetouch Announces Strategic Collaboration with IDEC Corporation, Elevating Presence in Japanese Touch Display Market

LOS ANGELES--(BUSINESS WIRE)--WestPark Capital, Inc., a full-service investment bank and securities broker-dealer, today announced the closing of a $10.8 Million public offering for Wetouch Technology Inc. (Nasdaq: WETH ). (“Wetouch” or the “Company”), is a Nevada company, through its wholly-owned subsidiary, and is engaged in the research, development, manufacturing, sales and servicing of projected capacitive touchscreens. The offering consisted of 2,160,000 shares of common stock at a price.

WestPark Capital Announces Closing of $10.8 Million Public Offering of Common Stock for Wetouch Technology Inc (Nasdaq: WETH )

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Meishan, Sichuan, China, Feb. 23, 2024 (GLOBE NEWSWIRE) -- Wetouch Technology Inc. (Nasdaq: WETH ) (“Wetouch” or the “Company”), a Nevada company, through its wholly-owned subsidiary, engaged in the research, development, manufacturing, sales and servicing of projected capacitive touchscreens, announced today the closing of its previously announced underwritten public offering of 2,160,000 shares of common stock at a price to the public of $5.00 per share (the “Offering”). The gross proceeds to the Company from this Offering were $10.8 million, prior to deducting offering expenses, commissions and underwriting discounts. In addition, the Company granted the underwriters a 45-day option to purchase up to 324,000 additional shares of common stock at the public offering price per share, less commissions and underwriting discounts.

Wetouch Technology Inc. Announces Closing of $10.8 Million Public Offering of Common Stock

Meishan, Sichuan, China, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Wetouch Technology Inc. (Nasdaq: WETH ) (“Wetouch” or the “Company”), a Nevada company, through its wholly-owned subsidiary, engaged in the research, development, manufacturing, sales and servicing of projected capacitive touchscreens, announced today the pricing of an underwritten public offering of 2,160,000 shares of common stock at a price to the public of $5.00 per share (the “Offering”). The gross proceeds to the Company from this Offering are expected to be $10.8 million, prior to deducting offering expenses, commissions and underwriting discounts. In addition, the Company granted the underwriters a 45-day option to purchase up to 324,000 additional shares of common stock at the public offering price per share, less commissions and underwriting discounts. The Offering is expected to close on February 23, 2024, subject to the satisfaction of customary closing conditions.

Wetouch Technology Inc. Announces Pricing of $10.8 Million Public Offering of Common Stock and Concurrent Uplisting to the Nasdaq Capital Market

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Chengdu, China, Sept. 22, 2022 (GLOBE NEWSWIRE) -- Wetouch Technology Inc. (OTC: WETH) ("Wetouch" or "the Company"), a specialty manufacturer of medium to large sized projected capacitive touchscreens, today announced that it has completed approximately 80% of the construction work on its new high-standard production facility in Chengdu, for which the Company expects to complete the construction work before the end of 2022.

Wetouch Technology Inc. Announces Construction Progress on New Production Facility

Chengdu, China, Sept. 07, 2022 (GLOBE NEWSWIRE) -- Wetouch Technology Inc. (OTC: WETH) ("Wetouch" or "the Company"), a specialty manufacturer of medium to large sized projected capacitive touchscreens, today announced its financial guidance for fiscal year 2022.

Wetouch Technology Inc. (WETH) Announces FY2022 Financial Guidance

Wetouch Technology has filed to raise $57.5 million in an uplisting IPO to the Nasdaq.

Wetouch Technology Starts $58 Million U.S. IPO Process

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- Revenues increased by 1 86.8 % to $ 15.2 million-

Wetouch Technology Inc. (WETH) Reports Second Quarter 2021 Unaudited Financial Results

- Revenues increased by 202.3% to $10.7 million-

Wetouch Technology Inc. (WETH) Reports First Quarter 2021 Unaudited Financial Results

Chengdu, China, March 31, 2021 (GLOBE NEWSWIRE) -- Wetouch Technology Inc. (OTC: WETH) ("Wetouch" or "the Company"), a specialty manufacturer of medium to large sized projected capacitive touchscreens, is pleased to announce that after successfully completing the application process, the Company was approved for quotation on the OTCQB®, operated by the OTC Markets Groups. The Company's common shares have begun trading on the OTCQB on March 29, 2021 under the stock symbol “WETH”.

Wetouch Technology Inc. (WETH) Receives Approval to trade on the OTCQB Market

Chengdu, China, March 22, 2021 (GLOBE NEWSWIRE) -- Wetouch Technology Inc. (OTC: WETH) ("Wetouch" or "the Company"), a specialty manufacturer of medium to large sized projected capacitive touchscreens, today announced that it has received $17.7 million from Sichuan Renshou Shigao Tianfu Investment Co., Ltd, a limited company owned by the local government (Sichuan Renshou”), as compensation for the Company's relocation from its existing location in Meishan City to Chengdu, Sichuan province.

Wetouch Technology Inc. (WETH) Plans to Relocate to Chengdu and Receives $17.7 million compensation

Chengdu, China, Jan. 21, 2021 (GLOBE NEWSWIRE) -- In the news release, " Wetouch Technology Inc. (WETH) Receives Orders of Its Touchscreen Products for Aviation Applications" issued on 20-Jan-2021 by Wetouch Technology Inc. The orders received were from an independent wholesaler. In addition, the factory examination was conducted by such independent wholesaler. The full corrected release is as follows:

Correction--Wetouch Technology Inc. (WETH) Receives Orders of Its Touchscreen Products for Aviation Applications

Chengdu, China, Jan. 20, 2021 (GLOBE NEWSWIRE) -- Wetouch Technology Inc. (OTC: WETH) ("Wetouch" or "the Company"), a specialty manufacturer of medium to large sized projected capacitive touchscreens, today announced that it has received recurring orders of its touchscreen products this year from Air China Limited (SH: 601111, HK:0753, OTC: AICAF), the largest airline in China and the national flag carrier.

Wetouch Technology Inc. (WETH) Receives Orders of Its Touchscreen Products from Air China Limited for Aviation Applications

Chengdu, China, Jan. 04, 2021 (GLOBE NEWSWIRE) -- Wetouch Technology Inc. (OTC: WETH) ("Wetouch" or "the Company"), a specialty manufacturer of medium to large sized projected capacitive touchscreens, today announced that it has seen an increase in demand for its products, particularly in the field of medical applications.

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