Business
Wetouch Technology Inc. (WETH) Receives Approval to trade on the OTCQB Market
Chengdu, China, March 31, 2021 (GLOBE NEWSWIRE) -- Wetouch Technology Inc. (OTC: WETH) ("Wetouch" or "the Company"), a specialty manufacturer of medium to
About this update from Wetouch Technology Inc.
[{"type":"text","content":"Chengdu, China, March 31, 2021 (GLOBE NEWSWIRE) -- Wetouch Technology Inc. (OTC: WETH) (\"Wetouch\" or \"the Company\"), a specialty manufacturer of medium to large sized projected capacitive touchscreens, is pleased to announce that after successfully completing the application process, the Company was approved for quotation on the OTCQB®, operated by the OTC Markets Groups. The Company’s common shares have begun trading on the OTCQB on March 29, 2021 under the stock symbol “WETH”. Mr. Guangde Cai, Chairman of Wetouch, commented, \"Up-listing to the OTCQB will enhance our visibility and make the Company accessible to a much broader range of U.S. investors. Trading on the OTCQB is expected to increase liquidity by providing current and potential investors with a transparent and easily accessible trading platform where they can find Real-Time quotes and market information.” Shareholders of existing Wetouch shares, previously traded on the OTC® Pink Open Market, will now trade on the OTCQB without any further action required. The OTCQB Venture is the premier marketplace for companies that are committed to providing a high-quality trading and information experience for their US investors. Qualifying for approval to trade on the OTCQB requires a Company to be current on disclosure obligations, to pass a minimum bid price test, and to provide an annual company verification and management certification process. The OTCQB quality standards creates a solid baseline of transparency, as well as the technology to improve the information and trading experience for investors. 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-looki...