Wetouch Technology Inc.

Wetouch Technology Inc. announced that its Board of Directors has approved a special cash dividend of US$0.5 million, equating to approximately US$0.04 per share. The dividend is expected to be paid around September 30, 2026, to shareholders of record as of August 17, 2026. This move reflects the company's commitment to enhancing shareholder value and balancing business growth with capital allocation efficiency, while also exploring future dividend policies.

Wetouch Technology Inc. announced that its Board of Directors approved a special cash dividend plan of up to US$0.5 million, equating to approximately US$0.04 per share. The dividend is payable to shareholders of record as of August 17, 2026, with payment expected before September 30, 2026. This move reflects the company's focus on enhancing shareholder value and efficient capital allocation, while maintaining resources for growth and strategic investments. Wetouch also plans to explore additional dividends and an annual policy, alongside advancing its business transformation into a higher-value intelligent hardware manufacturer.

Wetouch Technology Inc. announced a major breakthrough by formally entering the global supply chain of one of Japan's top three office equipment manufacturers. This partnership is expected to generate approximately $10 million in additional sales revenue in the first year, with an anticipated annual growth rate of 30%. The achievement reflects international recognition of Wetouch's capabilities and lays a solid foundation for its expansion into the high-end office equipment market and future ventures into intelligent hardware and AI applications.

Wetouch Technology Inc. reported strong financial results for Q1 2026, with net income increasing by 50.9% to $3.87 million and revenues growing by 6.7% to $16.31 million. Basic EPS rose to $0.32. The company's new facility construction continues to face delays, now expected to be completed by mid-2027.

Wetouch Technology Inc. has filed its annual report on Form 10-K for the fiscal year ended December 31, 2025. The company disclosed that it has not filed all reports required by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months, nor has it submitted all required Interactive Data Files. The company is categorized as a non-accelerated filer, a smaller reporting company, and an emerging growth company.

Wetouch Technology Inc. filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2025. The company disclosed that it has not filed all reports required by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months, nor has it submitted all required Interactive Data Files. The company is categorized as a non-accelerated filer, a smaller reporting company, and an emerging growth company.