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An update from UTime ( (WTO) ) is now available.
On March 13, 2026, UTime Limited announced it had signed a non-binding letter of intent to acquire 100% of Feixiaohao Technology Inc., which operates the Feixiaohao Web3 data analytics and digital asset pricing platform serving millions of cryptocurrency users. The proposed deal, valued at up to $80 million in a mix of shares and cash, would transfer Feixiaohao’s technology, databases, trademarks and key staff to UTime, marking a strategic push into Web3 and blockchain data infrastructure.
UTime aims to integrate Feixiaohao’s crypto data capabilities with its mobile and smart hardware portfolio, with the goal of creating devices and services that link physical products to blockchain-based assets and data. The parties have begun preliminary discussions and plan to negotiate a definitive agreement, underscoring UTime’s ambition to diversify beyond hardware manufacturing and strengthen its positioning in the fast-growing digital asset and Web3 ecosystem.
More about UTime
UTime Limited, listed on Nasdaq under the ticker WTO, is a global technology company focused on the design, development, production, sales and brand operation of mobile devices and smart hardware products. Based in Shenzhen, China, the company targets a broad customer base worldwide with cost-effective smartphones and related hardware solutions.
Average Trading Volume: 222,675
Technical Sentiment Signal: Sell
Current Market Cap: $5.01M
See more insights into WTO stock on TipRanks’ Stock Analysis page.