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Correction--Wetouch Technology Inc. (WETH) Receives Orders of Its Touchscreen Products for Aviation Applications
Chengdu, China, Jan. 21, 2021 (GLOBE NEWSWIRE) -- In the news release, " Wetouch Technology Inc. (WETH) Receives Orders of Its Touchscreen Products for
About this update from Wetouch Technology Inc.
[{"type":"text","content":"Chengdu, China, Jan. 21, 2021 (GLOBE NEWSWIRE) -- In the news release, \" Wetouch Technology Inc. (WETH) Receives Orders of Its Touchscreen Products for Aviation Applications\" issued on 20-Jan-2021 by Wetouch Technology Inc. The orders received were from an independent wholesaler. In addition, the factory examination was conducted by such independent wholesaler. The full corrected release is as follows: Wetouch Technology Inc. (WETH) Receives Orders of Its Touchscreen Products for Aviation Applications Chengdu, China, January 20, 2021 (GLOBE NEWSWIRE) – Wetouch Technology Inc. (OTC: WETH) (\"Wetouch\" or \"the Company\"), a specialty manufacturer of medium to large sized projected capacitive touchscreens, today announced that it has received recurring orders of its touchscreen products for applications in airline industry. Since a factory examination by an independent wholesaler on June 20, 2020, the Company has experienced an uptick in purchase orders and deliveries for aviation related touchscreens products from its customers. It is anticipated that this new category by end applications will contribute additional $5.4 million to the Company’s top line in 2021. “We are very pleased with our inroad to aviation market and supplying to airline industry for in-flight entertainment systems and self-service kiosks at airports. said Guangde Cai, Chairman of the Board of Directors of Wetouch. We look forward to working closely with our customers and expanding our footprint in aviation market.” Caution Concerning Forward Looking Statements The SEC encourages companies to disclose forward-looking information so that investors can better understand a company's future prospects and make informed investment decisions. The information on this website contains \"forward-looking statements\" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the fact that they do not relate strictly to historical or current facts. Forward-looking statements often include words such as \"anticipates,\" \"estimates,\" \"expects,\" \"projects,\" \"intends,\" \"plans,\" \"believes\" and words and terms of similar substance in connection with discussions of future operating or financial performance. The Company's forward-looking statements are based on management's current expectations and assumptions ...