WeTouch Enters Global Supply Chain of One of Japan’s Top Three Office Equipment Manufacturers

About this update from Wetouch Technology Inc.

First Full Year of Cooperation Expected to Generate Approximately $10 Million in Additional Sales Revenue, with Future Purchase Volume Expected to Grow at an Annual Rate of Approximately 30% CHENGDU, China, July 14, 2026 (GLOBE NEWSWIRE) -- WeTouch Technology Inc. (NASDAQ: WETH) ("WeTouch" or the "Company"), a provider of touch display solutions, today announced that the Company has achieved a major breakthrough in the global high-end office equipment supply chain. WeTouch has formally passed the rigorous supplier qualification review, product validation process and quality system certification of one of Japan's top three office equipment manufacturer, and has successfully obtained the customer's official vendor code, marking the Company's formal entry into the customer's global supply chain system. This cooperation represents an important milestone in the Company's development. It reflects international recognition of WeTouch's research and development capabilities, product quality, manufacturing standards and global supply chain management capabilities in touch display solutions for high-end office automation, or OA, equipment. The Company believes this achievement lays a solid foundation for WeTouch to further expand its presence in the global high-end office equipment market. Based on the current project plan and procurement arrangements confirmed by the parties, and subject to the successful mass production, delivery and execution of the relevant procurement plan as expected, the project is expected to generate approximately $10 million in additional sales revenue for the Company during the first full year of cooperation. As the customer continues to introduce new products, expand procurement categories and deepen cooperation with the Company, WeTouch expects the future purchase volume of this project to have continued growth potential and to achieve an annual growth rate of approximately 30%, making it one of the Company's important sources of long-term and stable revenue growth. Japan is one of the key origins of the global office printer, copier and office imaging equipment industries. Leading companies in the sector have maintained strong technological innovation capabilities, market competitiveness and high-standard supplier admission systems. Successfully entering this customer's global supply chain means that WeTouch has passed a comprehensive review by a leading international customer covering product performance, reliability, quality management, manufacturing capabilities and supply chain management. It also validates the Company's long-term commitment to technological innovation and high-quality development.

View stock analysis, news, and events for Wetouch Technology Inc.