Wetour Robotics Ltd dismissed Marcum Asia CPAs LLP and appointed Edston Global PAC as its independent registered public accounting firm, effective September 30, 2026; the board and audit committee approved the appointment. The company said the change did not result from disagreements with Marcum Asia over accounting principles, financial-statement disclosure, or audit scope or procedure.
Marcum Asia’s reports on consolidated financial statements for fiscal years ended June 30, 2024 and June 30, 2025 contained no adverse or disclaimer opinion and were not qualified or modified for uncertainty, audit scope, or accounting principles. Management had reported two material weaknesses for fiscal 2025: insufficient personnel with U.S. GAAP and SEC reporting expertise, and insufficiently designed or implemented IT controls involving access security, system changes, IT operations, and cybersecurity monitoring.
Wetour Robotics Limited (WETO) is reporting the launch of Vantrapower LLC, a new subsidiary based in Austin, Texas, focused on transformer supply and intelligent power infrastructure for data centers, industrial facilities, energy storage projects and other high-load applications. The move is intended to expand Wetour Robotics’ energy infrastructure capabilities and reinforce its role as an AI infrastructure and automation integrator across computing, industrial and energy markets. Vantrapower will initially target Texas and the broader North American market, and Wetour Robotics plans to grow the business in a disciplined, milestone-based manner, providing further updates as material commercial and partnership milestones are achieved.
Wetour Robotics Ltd (WETO) reports that its shareholders approved a share consolidation and that the board has fixed the final terms. An extraordinary general meeting on February 27, 2026 approved consolidating the company’s US$0.0001 par value shares within a range, with the exact ratio and effective date delegated to the directors. On July 6, 2026 the directors resolved to implement a 100:1 Share Consolidation, which took effect with Nasdaq on August 3, 2026. To reflect this consolidation, Wetour Robotics filed an amended and restated memorandum and articles of association with the Cayman Islands Registrar of Companies on August 5, 2026. This report is incorporated by reference into the company’s effective Form S-8 and Form F-3 registration statements.
Wetour Robotics Ltd (WETO) reports a technology demonstration of its Orchestra Physical AI platform, combining surface electromyography (sEMG) with first-person vision to capture richer human-hand data for robot learning. The system uses an 8-channel sEMG wristband, Conductor, together with a VisionLink camera to fuse muscle-activity and visual streams into one synchronized record of movement, effort and action timing.
The approach is designed to address force and occlusion blind spots that affect vision-only systems, which in an internal carrying task failed to locate the hand in 21.8% of frames, including a longest dropout of 4.32 seconds. The cross-modal correction strategy using sEMG during missing visual intervals remains in validation. Demonstration videos for five real-world manipulation tasks are available on the company’s website and social channels. The company also reiterates development and commercialization risks in forward-looking statements.
Wetour Robotics Ltd (WETO) entered into a Sales Agreement with Rodman & Renshaw LLC to sell its ordinary shares from time to time through an at the market offering under an effective Form F-3 shelf. Rodman & Renshaw will act as sales agent and/or principal, using commercially reasonable efforts to place shares pursuant to written instructions from the company.
Sales may be made in transactions deemed to be an at the market offering under Rule 415, including directly on the Nasdaq Capital Market, other trading markets, or through market makers. The sales agent will receive a commission of up to 3.0% of the gross proceeds from sales where it acts as sales agent, plus reimbursed expenses, with the remaining proceeds going to Wetour Robotics as net proceeds. Either party may terminate the Sales Agreement by written notice.
Wetour Robotics Limited (WETO) is establishing an at-the-market offering program under a Form F-3 shelf, allowing it to sell up to $75,000,000 of ordinary shares from time to time through Rodman & Renshaw LLC as sales agent or principal. Rodman will receive up to 3.0% commission on gross sales and will be deemed an underwriter.
After a 1-for-100 reverse stock split effective August 3, 2026, Wetour has 1,077,801 ordinary shares outstanding, and assumes issuance of 2,649,241 shares at $28.31 per share for illustration, which would bring total shares to 5,727,042. Net proceeds are intended for general corporate purposes including working capital, operating expenses, capital expenditures, potential acquisitions and strategic initiatives.
The company is a Cayman Islands holding company whose operations are conducted through PRC and U.S. subsidiaries and a PRC variable interest entity (VIE) in which it holds 50% equity and 50% VIE interests. The filing highlights legal and operational risks tied to the VIE structure, evolving PRC rules on overseas listings, cybersecurity and data security, HFCAA-related audit oversight, substantial historical losses and going-concern doubt, ATM-related dilution, share price volatility and potential Nasdaq delisting if listing standards are not maintained.
Wetour Robotics Ltd (WETO) reported the results of its Extraordinary General Meeting of Shareholders held on August 24, 2026. Each ordinary share outstanding on the record date carried one vote per resolution.
Shareholders approved a share consolidation, a share capital increase, and a new second amended and restated memorandum and articles of association. A procedural resolution to permit adjournment of the meeting, if necessary, was also approved. All resolutions received very high levels of support based on the votes cast.
Wetour Robotics Limited (WETO) reports that on August 19, 2026 it suspended sales of its ordinary shares under its “at-the-market” Sales Agreement with Chaince Securities, LLC and gave notice to terminate that agreement, with termination becoming effective 5 calendar days after August 19, 2026 in accordance with the contract terms.
Under the July 6, 2026 prospectus supplement for the Sales Agreement, the company had capacity to offer up to $50,000,000 of ordinary shares and has, since that filing, offered and sold 25,606,595 ordinary shares for gross proceeds of approximately $2,290,279. The report is also incorporated by reference into Wetour Robotics’ existing Form S-8 and Form F-3 registration statements.
Wetour Robotics Ltd (WETO) reports the termination of its existing at-the-market equity offering program conducted under a Form F-3 shelf registration and related prospectus supplements. The prior July 6, 2026 supplement covered offerings of Ordinary Shares of up to $50,000,000 under an At Market Sales Agreement with Chaince Securities, LLC.
Wetour Robotics states that since the July 6, 2026 prospectus supplement, it has offered and sold 25,606,595 Ordinary Shares for gross proceeds of approximately $2,290,279 pursuant to that Sales Agreement. On August 19, 2026, the company suspended sales, gave notice terminating the Sales Agreement and the related at-the-market offering, and is also terminating the related prospectuses, with these terminations becoming effective 5 calendar days after August 19, 2026.
Wetour Robotics Limited entered into securities purchase agreements for a private investment in public equity with seven purchasers relying on Regulation S. The company agreed to issue and sell 2,000,000 ordinary shares at $0.90 per share, for $1.8 million in gross proceeds. Of these, 500,000 shares will be purchased by the company’s Chairman of the Board, Zheng Jiahua, for $450,000. The shares are not registered under the Securities Act of 1933 and may only be offered or sold in the United States pursuant to registration or an applicable exemption. Closing is expected on or about August 27, 2026, subject to customary closing conditions, including required approvals and notifications under applicable laws and regulations.