UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (86) 28-37390666 (Registrant's telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: | | | Name of each exchange on which | | --- | --- | --- | | Title of each class | Trading ...

Fiscal Year 2024 Net Income of $6.0 Million, Cash $103.7 Million ($8.7 per share); Fiscal Year 2025 Guidance: Revenue approximately $46.15 million, Net Income approximately $11.88 million, +97% CHENGDU, CN / ACCESS Newswire / September 10, 2025 / WeTouch Technology Inc. (NASDAQ:WETH) ("WeTouch" or the "Company"), a leading innovator in the global touchscreen display industry, today announced its financial results for the fiscal year ended December 31, 2024. "WeTouch delivered solid performance in fiscal yea ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to __________ Commission file number: 001-41957 WETOUCH TECHNOLOGY INC. (Exact name of registrant as specified in its charter) | --- | --- | |------------------------ ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Nevada 20-4080330 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) No. 29, Third Main Avenue Shigao Town, Renshou County Meishan, Sichuan, China 620500 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (86) 28-37390666 Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.001 par value per s ...

CHENGDU, China, July 8, 2024 /PRNewswire/ -- Wetouch Technologies Inc. (NASDAQ: WETH) ("Wetouch" or the "Company"), a leading innovator in the global touch display industry, today announced a stock buyback program to repurchase up to $15 million of the Company's common stock. Under the program, the Company is authorized to repurchase its shares from time to time in the open market or in privately negotiated transactions. The timing and amount of any repurchases will depend on a variety of factors, including ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to __________ Commission file number: 001-41957 WETOUCH TECHNOLOGY INC. (Exact name of registrant as specified in its charter) | Nevada | 20-4080330 | | --- | --- | | (St ...

Financial Performance - Revenues for the year ended December 31, 2023, were $39.7 million, an increase of 4.7% from $37.9 million in 2022[433] - Gross profit was $17.2 million, reflecting a 22.8% increase from $14.0 million in the previous year[443] - Net income decreased to $8.3 million, down 4.6% from $8.7 million for the year ended December 31, 2022[443] - Total revenues for the year ended December 31, 2023, increased to $39,705,939, representing a 4.7% growth from $37,923,112 in 2022[445] Sales and Market Performance - Total volume shipped was 1,967,316 units, an increase of 2.6% from 1,916,976 units in 2022[433] - Revenue from the PRC domestic market increased by $1.2 million or 4.6%, driven by a 2.7% increase in sales volume and a 6.8% rise in average sales price[435] - Revenue from sales to customers in the PRC was $27,646,722, accounting for 69.6% of total revenues, with a 4.6% increase from $26,440,376 in 2022[445] - Revenue from overseas customers reached $12,059,217, which is 30.4% of total revenues, marking a 5.0% increase from $11,482,736 in 2022[445] - Total units sold in 2023 were 1,967,316, a 2.6% increase from 1,916,976 units sold in 2022[445] - Units sold to customers in the PRC were 1,330,013, maintaining a 67.6% share of total units sold, with a 2.7% increase from 1,295,097 units in 2022[445] - Units sold to overseas customers totaled 637,303, representing 32.4% of total units sold, with a 2.5% increase from 621,879 units in 2022[445] - The increase in sales price in RMB was 6.8%, driven by marketing initiatives for higher-end products in Southwest and East China[447] Profitability and Margins - The gross profit margin improved to 43.3%, compared to 37.0% for the year ended December 31, 2022[433] Exchange Rate Impact - The company experienced a 5.2% negative impact from exchange rate fluctuations due to the depreciation of RMB against US dollars[444] Corporate Actions and Future Outlook - A reverse stock split at a ratio of 1-for-20 was approved and took effect on September 12, 2023[429] - The company does not anticipate declaring or paying cash dividends in the foreseeable future, focusing instead on business development and expansion[424] - The aggregate market value of the common stock held by non-affiliates as of June 30, 2023, was $77 million[450] - The company is classified as an emerging growth company, indicating potential for future growth and investment opportunities[450] Legal and Operational Risks - Legal cases involving various amounts, including a debt payable of RMB 1,656,480 (approximately $233,310), are ongoing and may impact financial results[420][421] - The company faces risks related to reliance on key executives and potential disruptions from third-party suppliers, which could impact operations and financial performance[463][464]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934. For the Quarterly Period Ended September 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934. Commission File Number: 000-56215 WETOUCH TECHNOLOGY INC. (Exact name of registrant as specified in its charter) | Nevada | 20-4080330 | | --- | --- | | (State or other jurisdiction of | ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934. For the Quarterly Period Ended June 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934. Commission File Number: 000-56215 WETOUCH TECHNOLOGY INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Nevada 20-40 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934. For the Quarterly Period Ended March 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934. Commission File Number: 000-56215 WETOUCH TECHNOLOGY INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Nevada 20-4 ...