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Meiwu Technology (WNW) sells dormant SMS subsidiary group for US$100

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Meiwu Technology Company Limited reported that it has agreed to dispose of Mahaotiaodong Information Technology Company, a wholly owned British Virgin Islands subsidiary, to an unrelated buyer. The deal covers 100% of the Target Company’s shares for a cash consideration of US$100, subject to customary closing conditions.

The Target Company ultimately owns Code Beating (Xiamen) Technology Company, which focused on providing short message services in China and, along with its subsidiaries, ceased operations in January 2025. As of December 31, 2025, these entities had total assets of about US$21, total liabilities of about US$1.4 million, and total losses of about US$1.56 million, largely from asset impairment charges. The board believes the divestiture is in the best interests of the company and its shareholders because these entities are not expected to generate future value.

Positive

  • None.

Negative

  • None.
Consideration for sale US$100 Price for 100% of Target Company shares
Total assets of disposed entities US$21 As of December 31, 2025
Total liabilities of disposed entities US$1.4 million As of December 31, 2025
Total losses of disposed entities US$1.56 million As of December 31, 2025
Equity Transfer Agreement financial
"entered into an Equity Transfer Agreement by and among Mahaotiaodong Information Technology Company"
An equity transfer agreement is a legal contract that records the sale or reassignment of ownership in a company’s shares from one party to another. Like handing over the keys when you sell a house, it changes who legally controls those ownership rights and any attached voting power or dividend claims. Investors care because such transfers can shift control, dilute or concentrate stakes, affect company strategy and influence future share value.
Disposition financial
"the transaction contemplated therein, the “Disposition”"
asset impairment charges financial
"total losses of approximately US$1.56 million, primarily attributable to asset impairment charges recognized during the year"
Asset impairment charges happen when a company realizes that the value of something it owns, like equipment or property, has dropped significantly and is now worth less than its current book value. This is important because it shows the company needs to write down the asset's value on its financial records, which can affect its profits and overall financial health.
short message services technical
"Code Beating focused on providing short message services (“SMS”) in China"
foreign private issuer regulatory
"REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16"
A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.
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FAQ

What transaction did Meiwu Technology (WNW) disclose in this Form 6-K?

Meiwu Technology disclosed an agreement to sell 100% of Mahaotiaodong Information Technology Company, a wholly owned subsidiary, to an unrelated buyer for US$100. The transaction is structured through an Equity Transfer Agreement and is subject to customary closing conditions.

Which businesses are included in Meiwu Technology’s disposed subsidiary group?

The Target Company owns 100% of Delimond Limited, which in turn owns 100% of Code Beating (Xiamen) Technology Company. Code Beating focused on providing short message services (SMS) in China before operations ceased in January 2025.

What were the key financial figures of the disposed entities for Meiwu Technology (WNW)?

As of December 31, 2025, the Target Company and its subsidiaries had total assets of about US$21, total liabilities of about US$1.4 million, and total losses of about US$1.56 million, mainly due to asset impairment charges recognized during the year.

Why does Meiwu Technology’s board support the disposition of Mahaotiaodong Information Technology Company?

The board believes the disposition is in the best interests of the company and shareholders because the disposed entities have ceased operations and are not expected to generate value. Ongoing retention would not likely contribute positively given their losses and limited assets.

What consideration will Meiwu Technology receive from selling the Target Company?

Meiwu Technology agreed to sell 100% of the Target Company’s shares to the buyer for US$100. This nominal consideration reflects that the disposed entities have minimal assets and significant liabilities, as disclosed in the financial figures for December 31, 2025.

Are there any conditions to closing Meiwu Technology’s disposition transaction?

Yes. The closing of the disposition is subject to certain customary closing conditions. Details of these conditions are contained in the Equity Transfer Agreement, which is filed as Exhibit 10.1 to this Form 6-K and incorporated by reference.

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of July 2026

 

Commission File Number: 001-39803

 

Meiwu Technology Company Limited

(Translation of registrant’s name into English)

 

Unit 304-3, No.19, Wanghai Road, Siming District

Xiamane, Fujian, People’s Republic of China

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒ Form 40-F ☐

 

 

 

 
 

 

Disposition of Mahaotiaodong Information Technology Company

 

On July 1, 2026, Meiwu Technology Company Limited (the “Company”) entered into an Equity Transfer Agreement by and among Mahaotiaodong Information Technology Company, a British Virgin islands business company with limited liability and a wholly owned subsidiary of the Company (“Mahao BVI”, or the “Target Company”), and Mr. Li Dong, an unrelated third party (the “Buyer”) for the sale of shares of the Target Company held by the Company to the Buyer (the “Equity Transfer Agreement”, and the transaction contemplated therein, the “Disposition”).

 

The Target Company is a holding company that owns 100% of Delimond Limited (“Delimond”) which owns 100% of Code Beating (Xiamen) Technology Company (“Code Beating”). Code Beating focused on providing short message services (“SMS”) in China. The Target Company and its subsidiaries have ceased operations in January 2025. As of December 31, 2025, they had total assets of approximately US$21, total liabilities of approximately US$1.4 million, and total losses of approximately US$1.56 million, primarily attributable to asset impairment charges recognized during the year. The board of the directors of the Company believes that the Disposition is in the best interest of the Company and its shareholders, as the continued retention of such entities would not be expected to generate value for the Company or its shareholders.

 

Pursuant to the Equity Transfer Agreement, the Company agreed sell 100% of the Target Company’s shares to the Buyer for the consideration of US$100. The closing of the Disposition is subject to certain customary closing conditions.

 

The descriptions of the Equity Transfer Agreement herein are qualified in its entirety by reference to the Equity Transfer Agreement, which is filed as Exhibit 10.1 to this Form 6-K.

 

Below is a diagram that illustrates the Company’s corporate structure immediately prior to closing of the transactions contemplated by the Agreements:

 

 

 
 

 

Below is a diagram that illustrates the Company’s corporate structure immediately after the closing of the transactions contemplated by the Agreements:

 

 

 
 

 

EXHIBIT INDEX

 

Exhibit No.   Description
10.1   The Equity Transfer Agreement by and between the Company and the Purchaser, dated July 1, 2026

 

 
 

 

SIGNATURE

 

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.

 

  Meiwu Technology Company Limited
     
  By: /s/ Zhichao Yang
    Zhichao Yang
    Chief Executive Officer
     
Date: July 9, 2026    

 

 

Filing Exhibits & Attachments

1 document

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