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0001826660
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2026-07-28
2026-07-28
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities
Exchange Act of 1934
Date of Report (Date of earliest event reported):July
28, 2026
WETOUCH TECHNOLOGY INC.
(Exact name of registrant as specified in its charter)
| Nevada |
|
001-41957 |
|
20-4080330 |
|
(State or other jurisdiction
of incorporation) |
|
(Commission File Number) |
|
(IRS Employer
Identification No.) |
No.29, Third Main Avenue, Shigao Town, Renshou
County,
Meishan, Sichuan, China 620500
(Address of principal executive offices)
Registrant’s telephone number, including
area code: (86) 28-37390666
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the Company under any of the following provisions:
| ☐ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| |
|
| ☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| |
|
| ☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| |
|
| ☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b)
of the Act:
| Title of each class |
|
Trading Symbol(s) |
|
Name of each exchange on which registered |
| Common Stock, $0.001 par value |
|
WETH |
|
The Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
☒
If an emerging growth
company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or
revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item 7.01 Regulation FD Disclosure.
On July 28, 2026, Wetouch Technology Inc. (the “Company”)
announced that its Board of Directors had declared a special cash dividend of US$0.5 million (or approximately US$0.04 per share of common
stock based on approximately 11.93 million outstanding shares) expected to be paid on or about September 30, 2026 with a record date of
August 17, 2026. This announcement is contained in a press release issued by the Company and attached hereto as Exhibit 99.1.
The special cash dividend plan reflects the Company’s
continued focus on enhancing shareholder value while maintaining sufficient financial resources to support its business growth, technology
innovation, strategic investments, and long-term development initiatives.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit
Number |
|
Description |
| 99.1 |
|
Press Release dated July 28, 2026 |
| 104 |
|
Cover
Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
| |
WETOUCH TECHNOLOGY INC. |
| |
|
| Date: July 28, 2026 |
By: |
/s/ Zongyi Lian |
| |
Name: |
Zongyi Lian |
| |
Title: |
President and Chief Executive Officer
(Principal Executive Officer) |
Exhibit 99.1
WeTouch Technology Inc. Board Approves $0.5
Million Special Cash Dividend to Enhance Shareholder Value
CHENGDU, China, July 28, 2026 / Global Newswire
/ — WeTouch Technology Inc. (NASDAQ: WETH) (“WeTouch” or the “Company”), a global provider of touch
display solutions, today announced that its Board of Directors has approved a special cash dividend plan that may distribute cash dividends
of up to US$0.5 million to eligible shareholders of the Company.
The special cash dividend plan reflects the Company’s
continued focus on enhancing shareholder value and improving capital allocation efficiency. While maintaining sufficient financial resources
to support business growth, technology innovation, and strategic investments, the Company intends to utilize a balanced capital allocation
approach to share the benefits of its steady development with long-term shareholders.
Based on the Company’s current number of outstanding
common shares, the special cash dividend is expected to represent approximately US$0.04 per share. Shareholders of record as of
August 17, 2026 will be eligible to receive the dividend, which is expected to be paid before September 30, 2026.
In recent years, WeTouch has maintained a strong
financial position and cash reserves while continuing to advance its global touch display business development, product upgrades, and
strategic partnership initiatives. The Company believes this special cash dividend plan reflects its commitment to balancing long-term
growth strategies with shareholder returns through disciplined capital management.
Management Commentary
“We believe the Board’s approval of this
special cash dividend plan reflects our commitment to enhancing shareholder value. While continuing to invest in future growth opportunities,
we also seek to share the benefits of our development with shareholders when financial conditions permit,” said Jack Zongyi Lian,
Chief Executive Officer of WeTouch Technology Inc.
“Going forward, WeTouch intends to continue
focusing on core technology innovation, global market expansion, and strategic business opportunities, while maintaining disciplined capital
management aimed at creating long-term value for shareholders. The Company also intends to continue advancing its business transformation
from a traditional touch display and component supplier toward a higher-value-added intelligent hardware manufacturer and system-level
solution provider.”
“WeTouch is exploring opportunities in emerging
growth areas, including smart hardware, robotics components, robotic system integration, and artificial intelligence applications. The
Company believes that its financial foundation and focus on capital allocation may provide support for future strategic development and
long-term growth.”
Subject to the Company’s future financial performance, cash position, business and investment requirements, applicable legal requirements,
and approval by the Board of Directors, the Company intends to consider additional cash dividends from time to time as circumstances permit.
The Board also expects to evaluate the feasibility of adopting an annual cash dividend policy over the longer term, with the objective
of allowing shareholders to participate in the Company’s long-term growth and value creation. Any future dividend, including its timing
and amount, will remain subject to the Board’s discretion and the Company’s financial condition at the relevant time.
About WeTouch Technology Inc.
WeTouch Technology Inc. is a global provider of touch
display solutions, dedicated to advancing human-machine interaction across industrial, commercial, automotive, and emerging intelligent
hardware applications.
With a strong focus on technology innovation, product
quality, and manufacturing excellence, WeTouch delivers high-performance touch display products and integrated solutions to customers
worldwide. Leveraging its expertise in precision manufacturing, supply chain management, and human-machine interaction technologies, the
Company continues to expand toward higher-value-added intelligent hardware, robotics components, robotic system integration, and artificial
intelligence application scenarios.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements
within the meaning of Section 21E of the Securities Exchange Act of 1934 and as defined in the U.S. Private Securities Litigation Reform
Act of 1995. These forward-looking statements can be identified by terminology such as “will”, “expects”, “anticipates”,
“future”, “intends”, “plans”, “believes”, “estimates”, “target”,
“going forward”, “outlook,” “objective” and similar terms. Such statements are based upon management’s
current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties
and other factors, all of which are difficult to predict and which are beyond WeTouch’s control, which may cause WeTouch’s
actual results, performance or achievements (including the RMB/USD value of its anticipated benefit to WeTouch as described herein)
to differ materially and in an adverse manner from anticipated results contained or implied in the forward-looking statements. Further
information regarding these and other risks, uncertainties or factors is included in WeTouch’s filings with the U.S. Securities
and Exchange Commission, which are available at www.sec.gov. WeTouch does not undertake any obligation to update any forward-looking
statement as a result of new information, future events or otherwise, except as required under law.
Investor and Media Contact:
Email: InvestorRelations@wetouch.com.cn
