Meishan

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

Retrieved on: 
Tuesday, August 10, 2021
WETH, Industry, Income, CE, Company, Total revenue, Private Securities Litigation Reform Act, Maintenance, Tax expense, Local government, RMB, OTCQB, Forward-looking statement, Mark (given name), Sale, Uncertainty, FCC, POS, TS16949, CCC, Risk, Projection, ISO14001, EPS, SEC, Social conditions in Honduras, Government, GLOBE, ISO9001, Animal, Video game, Tutoring, Online gambling, Limestone, Security (finance)

Chengdu, China, Aug. 10, 2021 (GLOBE NEWSWIRE) -- Wetouch Technology Inc. (OTCQB: WETH) ("Wetouch" or "the Company"), a specialty manufacturer of medium to large sized projected capacitive touchscreens, today announced its unaudited financial results for the second quarter ended June 30, 2021.

Key Points: 
  • Chengdu, China, Aug. 10, 2021 (GLOBE NEWSWIRE) -- Wetouch Technology Inc. (OTCQB: WETH) ("Wetouch" or "the Company"), a specialty manufacturer of medium to large sized projected capacitive touchscreens, today announced its unaudited financial results for the second quarter ended June 30, 2021.
  • Cash as of the end of the second quarter of 2021 was $52.6 million, compared to $23.0 million as of December 31, 2020.
  • Business conditions remained exceptionally strong through the second quarter with record bookings and backlog for product to be shipped over multiple quarters.
  • Units sold increased by 145.6% to 711,548 touchscreens in the second quarter of 2021 from 289,668 units in the same period last year.

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

Retrieved on: 
Wednesday, May 26, 2021
Touchscreen, Chengdu

Chengdu, China, May 26, 2021 (GLOBE NEWSWIRE) -- Wetouch Technology Inc. (OTCQB: WETH) ("Wetouch" or "the Company"), a specialty manufacturer of medium to large sized projected capacitive touchscreens today announced its unaudited financial results for the first quarter ended March 31, 2021.

Key Points: 
  • Chengdu, China, May 26, 2021 (GLOBE NEWSWIRE) -- Wetouch Technology Inc. (OTCQB: WETH) ("Wetouch" or "the Company"), a specialty manufacturer of medium to large sized projected capacitive touchscreens today announced its unaudited financial results for the first quarter ended March 31, 2021.
  • Units sold increased by 178.3% to 499,796 touchscreens in the first quarter of 2021 from 179,592 units in the same period last year.
  • Gross profit was $5.1 million in the first quarter ended March 31, 2021, compared to $1.6 million in the same period of 2020.
  • Gain on asset disposal was $7.6 million for the quarter ended March 31, 2021 compared to nil in the same period in 2020.

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

Retrieved on: 
Wednesday, March 31, 2021
Financial markets, OTC Markets Group, Finance, Stock market, Financial economics, Stock

The Companys common shares have begun trading on the OTCQB on March 29, 2021 under the stock symbol WETH.

Key Points: 
  • The Companys common shares have begun trading on the OTCQB on March 29, 2021 under the stock symbol WETH.
  • Mr. Guangde Cai, Chairman of Wetouch, commented, "Up-listing to the OTCQB will enhance our visibility and make the Company accessible to a much broader range of U.S. investors.
  • Shareholders of existing Wetouch shares, previously traded on the OTC Pink Open Market, will now trade on the OTCQB without any further action required.
  • The OTCQB quality standards creates a solid baseline of transparency, as well as the technology to improve the information and trading experience for investors.

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

Retrieved on: 
Monday, March 22, 2021
Natural environment, Administrative divisions, Chengdu, Wenjiang District, Restriction of Hazardous Substances Directive, Renshou County, Sichuan

On March 18, 2021, Wetouch received a total amount of RMB115.2 million (approximately $17.7 million) as the total amount of compensation from Sichuan Renshou.

Key Points: 
  • On March 18, 2021, Wetouch received a total amount of RMB115.2 million (approximately $17.7 million) as the total amount of compensation from Sichuan Renshou.
  • The Company is actively searching for an appropriate parcel in Chengdu Medicine City (Technology Park), Wenjiang District, Chengdu for the construction of our new production facilities and office buildings.
  • Wetouch has shipped products to South Korea and several European countries such as Spain and Germany and has established a strong and diversified client base.
  • As of September 30, 2020, Wetouch held 10 patents and has passed a number of industry certifications, including ISO9001, ISO14001, TS16949, FCC, CE, ROHS, CCC, ROHS.

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

Retrieved on: 
Friday, January 22, 2021
Marketing, Touchscreen, Interactive kiosk

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.

Key Points: 
  • 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.
  • Since a factory examination by an independent wholesaler on June 20, 2020, the Company has experienced an uptick in purchase orders and deliveries for aviation related touchscreens products from its customers.
  • It is anticipated that this new category by end applications will contribute additional $5.4 million to the Companys top line in 2021.
  • We are very pleased with our inroad to aviation market and supplying to airline industry for in-flight entertainment systems and self-service kiosks at airports.

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

Retrieved on: 
Wednesday, January 20, 2021
Airlines, Aviation, Marketing, Association of Asia Pacific Airlines, China Airlines, China Airlines Group, SkyTeam, Interactive kiosk, Air China, Touchscreen, Airport, Airliner

Since June 20, 2020 when Wetouch passed the factory examination by Air China, the Company has experienced an uptick in purchase orders and deliveries for aviation related touchscreens products from its customers.

Key Points: 
  • Since June 20, 2020 when Wetouch passed the factory examination by Air China, the Company has experienced an uptick in purchase orders and deliveries for aviation related touchscreens products from its customers.
  • We are very pleased with our inroad to aviation market and honored to be selected as a supplier to Air China for their in-flight entertainment systems and self-service kiosks at airports.
  • We look forward to working closely with Air China and expanding our footprint in aviation market to service other major airliners.
  • Wetouch sells its products both domestically in China and internationally, covering major areas in China, including but not limited to the eastern, southern, northern and southwest regions of China.

Wetouch Technology Inc. (WETH) Sees Increased Demand of Its Touchscreen Products for Medical Devices in Response to COVID-19 Pandemic

Retrieved on: 
Monday, January 4, 2021
Touchscreen, Respirator

Due to the increased demand and need by health organizations around the globe in response to the COVID-19 pandemic.

Key Points: 
  • Due to the increased demand and need by health organizations around the globe in response to the COVID-19 pandemic.
  • Wetouch shipped approximately 180,000 touchscreen modules custom designed for use in respirators, which translated to approximately $4 million of sales during the second half of 2020.
  • In addition to stringent industry specific certifications and qualifications, new manufacturers of touchscreens face significant technology challenge and higher barrier of entry to manufacture touchscreens for medical applications.
  • Wetouch has shipped products to South Korea and several European countries such as Spain and Germany and has established a strong and diversified client base.

Wetouch Technology Inc. (WETH), Now a Fully Reporting Company in Specialty Touchscreen Market

Retrieved on: 
Tuesday, December 22, 2020
Touchscreen

Wetouch, through its indirect wholly-owned subsidiary Sichuan Wetouch Technology Co. Ltd, is engaged in the manufacturing and selling of medium to large sized projected capacitive touchscreens, ranging from 7.0 inch to 42 inch screens.

Key Points: 
  • Wetouch, through its indirect wholly-owned subsidiary Sichuan Wetouch Technology Co. Ltd, is engaged in the manufacturing and selling of medium to large sized projected capacitive touchscreens, ranging from 7.0 inch to 42 inch screens.
  • Taking steps to become a fully reporting SEC company is an important milestone for Wetouch, said Guangde Cai, the CEO and Chairman of the Board of Directors of Wetouch.
  • We are pleased to be expanding our operations to accommodate what we believe will have market appeal based on our technology inherent in our products.
  • Wetouch has shipped products to South Korea and several European countries such as Spain and Germany and has established a strong and diversified client base.

Dongpo Pickle: Little Culinary Delight from Meishan to the World

Retrieved on: 
Thursday, November 12, 2020
Dongpo, Food and drink, Pickling, Meishan, Articles, Personal life

Pairing Dongpo pickle with bread, steak or instant noodles have even emerged as a culinary trend around the world.

Key Points: 
  • Pairing Dongpo pickle with bread, steak or instant noodles have even emerged as a culinary trend around the world.
  • Su Dongpo was a fan of eating and making pickled vegetables, which he used to cook Dongpo ham hock and Dongpo fish, two classic dishes in the Sichuan culinary repertoire.
  • After completing the final pasteurization step, bags of healthy, nutritious and delicious Dongpo pickle are ready to be shipped to corners around the world.
  • Over the past years, guests had witnessed the evolution and progress of Dongpo pickle, and this little culinary delight has emerged alongside Meishan as yet another brilliant calling cards well-received worldwide.

2020 China International Bamboo Industry Exhibition & First Digital International Panda Festival Scheduled to be Held in Meishan, China

Retrieved on: 
Sunday, November 1, 2020
Plants, Building materials, Organisms, Bamboo, Qingshen County, Sichuan, Giant panda, Meishan, Chengdu

CHENGDU, China, Nov. 1, 2020 /PRNewswire/ -- The 2020 China International Bamboo Industry Exhibition & First Digital International Panda Festival will be held in Qingshen County of Meishan City between November 2 and 7, jointly sponsored by China Chamber of Commerce for Import and Export of Light Industrial Products and Arts-Crafts (CCCLA) and China Bamboo Industry Association, and jointly organized by the Sichuan Forestry and Grassland Administration and Meishan Municipal People's Government.

Key Points: 
  • CHENGDU, China, Nov. 1, 2020 /PRNewswire/ -- The 2020 China International Bamboo Industry Exhibition & First Digital International Panda Festival will be held in Qingshen County of Meishan City between November 2 and 7, jointly sponsored by China Chamber of Commerce for Import and Export of Light Industrial Products and Arts-Crafts (CCCLA) and China Bamboo Industry Association, and jointly organized by the Sichuan Forestry and Grassland Administration and Meishan Municipal People's Government.
  • The China International Bamboo Industry Exhibition is a global exhibition and sales gala for the bamboo industry, and this year's expo will revolve around the theme "Bamboos Connect the World".
  • bamboo-weaving, bamboo paper, "bamboo steel" (bamboo fiber material) and bamboo bucket.
  • Meishan has 1.09 million mu of bamboo forest and its bamboo industry is valued at seven billion yuan.