Welcome to our dedicated page for Wetouch Technology news (Ticker: WETH), a resource for investors and traders seeking the latest updates and insights on Wetouch Technology stock.
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) 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.
WeTouch Technology (NASDAQ: WETH) announced it has passed supplier qualification, product validation and quality system certification for one of Japan’s top three office equipment manufacturers, obtaining an official vendor code and formally entering the customer’s global supply chain for high-end office automation equipment.
According to WeTouch, based on the current project plan and procurement arrangements and assuming successful mass production, delivery and execution, the first full year of cooperation is expected to generate approximately $10 million in additional sales revenue. The company further expects the project’s purchase volume to have continued growth potential, targeting an annual growth rate of about 30% as the customer expands product lines and procurement categories. WeTouch highlights this as a key milestone validating its R&D, manufacturing and global supply chain capabilities and as a foundation for long-term, stable revenue growth and expansion into intelligent hardware, robotics components and AI-related production applications.
WeTouch Technology (NASDAQ:WETH) signed a strategic sales cooperation framework agreement with Shenzhen Sub-Space Robotics to expand from touch display components into robotics and AI-powered smart hardware.
The non-binding framework aims to integrate WeTouch’s touch displays and human-machine interaction modules into robotic products and embodied AI terminals, targeting long-term intelligent hardware growth.
WeTouch (NASDAQ:WETH) announced that subsidiary Chengdu Weidaqi Photoelectric received Siemens Industrial Automation Products' “Collaboration Star 2025” award. The honor recognizes performance in project collaboration, technical support, product quality, delivery, and partnership execution during 2025.
WeTouch is a qualified long-term supplier for Siemens' high-end HMI and core PLC projects, with prior estimates of about $10 million in additional annual revenue over a five-year contract period. The company believes the award deepens its cooperation with Siemens and may support future high-end industrial touch opportunities, while noting that new projects and order volumes depend on customer demand, project progress, and market conditions.
WeTouch Technology (NASDAQ:WETH) reported unaudited Q1 FY2026 revenue of $16.3 million, up 6.5% year-over-year, and net income of $3.9 million, up 50%. EPS reached $0.32, a 52.4% increase. Gross margin was 35.7% and units shipped were essentially flat at 763,325.
Cash stood at $120.5 million and shareholders' equity at $143.2 million. China generated 67.5% of revenue and overseas markets 32.5%. A new Chengdu production facility is under construction, with completion expected by the first half of 2027.
Wetouch Technology (NASDAQ:WETH) reported fiscal year 2025 revenue of $45.1 million (+6.6% YoY) and net income of $7.2 million (+20.0% YoY) for the year ended December 31, 2025. Gross profit was $14.4 million with a 31.8% gross margin. Cash totaled $118.4 million and total stockholders' equity was $137.4 million as of year-end.
The company cited sustained demand across smart cockpit, gaming, industrial automation, self-service terminals and specialized applications, with PRC sales ~68.5% and overseas ~31.5% of 2025 revenue.