Wetouch Technology Inc. develops, manufactures, sells and services medium- to large-sized projected capacitive touchscreens and related touch display products. Its updates commonly cover financial results, product mix, China and overseas sales trends, cash and stockholders' equity, and demand across smart cockpit and in-vehicle HMI, self-service and point-of-sale terminals, gaming and lottery machines, medical devices, industrial automation, robotics and other specialized applications.
Company news also includes technology and market expansion developments, including curved touchscreen and optical bonding capabilities, large-size touch display production, regional offices, and supply relationships for industrial HMI and automation products.
WeTouch Technology (NASDAQ: WETH) signed a cooperation agreement with Ruilan International to develop AI-powered home and community senior care solutions. Plans begin with a dedicated data platform and selected community deployments, alongside smart-home integration and age-friendly upgrades.
Ruilan’s preliminary network estimates include approximately 700,000 paid members and access to nearly 2,000 communities, with a potential geographic footprint of approximately 20 million residents. The network figures require verification and may include third-party resources; they are not WeTouch customers or purchase commitments. WeTouch plans to explore hardware, integration and recurring service revenue. Expansion depends on operating results, member demand and commercial arrangements. Deployment volumes, purchase commitments, schedules, pricing and revenue sharing remain subject to subsequent agreements and actual orders.
WeTouch Technology (NASDAQ: WETH) has entered a cooperation agreement with Hefei Aoweixun Electronic Technology to jointly develop interaction technologies for robotic systems. The collaboration extends WeTouch's plans beyond traditional touch displays into AI robotics and smart elderly care. The companies intend to combine touch sensing and interactive displays with robotic system design, motion control and intelligent algorithms.
WeTouch aims to develop solutions for elderly care robots and related devices, creating potential product lines and revenue opportunities. The parties also plan product development, supply chain coordination, customer engagement and joint market development. WeTouch expects to pursue these opportunities through phased development, application testing, customer validation and potential commercialization, subject to technical feasibility and market demand.
WeTouch Technology (WETH) has entered a cooperation agreement with Anhui Moke Robot Technology to extend its touch display capabilities into robotics.
The parties plan to combine WeTouch’s display and human-machine interface technologies with Moke Robot’s robot design, motion control and algorithm capabilities. They intend to explore solutions for industrial manufacturing, warehousing and logistics, commercial services and human-robot collaboration workstations. WeTouch plans to make robotics a new business focus in 2026. Specific commercial projects, product specifications, pricing, delivery arrangements and intellectual property ownership will be determined through separate project agreements.
WeTouch Technology (WETH) provided an update on its previously approved special cash dividend plan, which may distribute up to US$0.5 million.
The plan and August 17, 2026 record date remain unchanged. Shareholders of record on that date are eligible, subject to completion of administrative and payment procedures. WeTouch is coordinating shareholder-record verification and payment processing with its transfer agent, intermediaries and dividend disbursing providers. The company expects additional processing time and intends to announce updated payment timing once the necessary arrangements are finalized.
WeTouch Technology (WETH) issued fiscal 2026 guidance, expecting approximately $65 million in revenue, about 40% higher than fiscal 2025, and net income of about $11.7 million, about 60% higher, implying an approximately 18% net margin.
For first-half 2026, revenue was $30.3 million, up 9.4% year over year, and net income was $6.0 million, up 25.5% year over year. Guidance assumes stronger second-half revenue driven by anticipated customer orders, expanded domestic and overseas channels, and early robotics-related opportunities. The company highlights priorities of enhancing long-term shareholder value and expanding into robotics-related businesses while maintaining cost discipline. All guidance figures are based on U.S. GAAP.
WeTouch also outlined a proposed issuance of 31,037,830 common shares at $1.25 per share, for expected gross proceeds of about $38.8 million, subject to closing.
WeTouch Technology (NASDAQ: WETH) reported unaudited first half fiscal 2026 results for the period ended June 30, 2026, with revenue of $30.3 million, up 9.4% from $27.7 million a year earlier, driven by growth across core automotive and medical touchscreen applications and overseas momentum.
Gross profit rose to $10.7 million, with gross margin at 35.3%. Income from operations increased 16.9% to $8.3 million, while net income climbed 25.5% to $6.0 million. Basic and diluted EPS reached $0.50, versus $0.40 in first half 2025. Operating cash flow was $5.5 million.
Cash reserves were $127.5 million and stockholders’ equity $148.8 million as of June 30, 2026. Overseas revenue grew 7.8% to $9.7 million, with shipment volume up 3.5% to about 1.43 million units. Management highlighted a recently announced special cash dividend, a proposed strategic investment by affiliated entities, and a strategy to expand integrated solutions and AI-enabled hardware opportunities.
WeTouch (NASDAQ: WETH) announced a strategic cooperation with Chengdu Canop Robot Technology to expand touch interaction applications in industrial robotics and intelligent manufacturing. The partnership covers industrial robotics touch modules, human-machine interaction for robotics control systems, intelligent manufacturing solutions and market development.
WeTouch has supplied 8-inch industrial touch display modules and customized HMI solutions, completing preliminary technical adaptation with Canop Robotics’ control systems. The Company has achieved approximately US$1.47 million in contract execution and product supply and, based on current progress and internal estimates, expects about US$2.94 million in annual incremental revenue, subject to product validation, specific orders and customer demand. The cooperation supports WeTouch’s shift from touch components toward intelligent hardware whole-product development, system integration and industrial automation applications in sectors such as new energy, precision equipment and high-end manufacturing.
WeTouch (NASDAQ: WETH) announced it has completed initial delivery of 1,000 units of a customized 21.5-inch FHD outdoor touch display for a Singapore golf course project and is executing a follow-on order for 3,000 additional units. According to the company, based on current delivery schedules and internal estimates, this deployment is expected to generate about RMB 12.0 million (approximately $1.8 million) in annual incremental revenue. The project showcases WeTouch’s transition from a touch-module supplier to an integrated intelligent hardware provider, covering product design, industrial protection, system integration, and global delivery, and supports its plans to build a Singapore Regional Operations Center to expand across Southeast Asia and other Asia-Pacific markets.
WeTouch Technology (NASDAQ: WETH) will issue 31,037,830 newly issued common shares at $1.25 per share to its existing controlling shareholder platforms, Qixun Technology and Qihong Technology, for total gross proceeds of approximately $38.8 million. The subscription price is at a premium to the applicable Nasdaq Minimum Price, and the private placement is expected to close on or about August 4, 2026, subject to customary conditions.
All proceeds will go directly to WeTouch, with no existing shareholders selling shares. The purchasers, controlled by the founder, directors and management team, have agreed to a 12‑month lock-up and anti‑shorting restrictions. The deal will increase outstanding shares and dilute existing shareholders, while boosting insider ownership. According to the company, funds will support core business expansion, R&D, manufacturing enhancement and potential strategic acquisitions aligned with its transformation toward integrated touch solutions, intelligent terminals and robotics-related systems.
WeTouch Technology (NASDAQ: WETH) announced that its Board has approved a special cash dividend plan of up to US$0.5 million, expected to equal about US$0.04 per share based on current outstanding common shares. Shareholders of record on August 17, 2026 will be eligible, with payment expected before September 30, 2026.
According to WeTouch, the plan is intended to enhance shareholder value while preserving resources for business growth, technology innovation, and strategic investments, and the Board may consider additional dividends and a possible long-term annual dividend policy subject to future conditions.