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Wetouch Technology ( (WETH) ) has shared an update.
On December 26, 2025, Wetouch Technology Inc. held its 2025 Annual Meeting of Stockholders, at which a quorum was present. Shareholders re-elected directors Guangrong Cai, Jian Feng, Jiaxing Huang, Jing Guo and Yunna Liu to the board to serve until the next annual meeting, ratified ST & Partners PLT as the company’s independent registered public accounting firm for the 2025 fiscal year, approved a substantial increase in authorized common shares from 15 million to 65 million, and gave non-binding approval to the compensation of the company’s named executive officers. The authorization of a significantly larger share base provides Wetouch with added financial flexibility for potential future capital-raising or corporate actions, while the broad support for the board slate, auditor ratification and executive pay signals continued shareholder backing of the company’s current governance and strategic direction.
The most recent analyst rating on (WETH) stock is a Buy with a $2.00 price target. To see the full list of analyst forecasts on Wetouch Technology stock, see the WETH Stock Forecast page.
Spark’s Take on WETH Stock
According to Spark, TipRanks’ AI Analyst, WETH is a Outperform.
Wetouch Technology’s overall score is driven by its strong valuation and positive corporate events, which enhance governance and market confidence. However, technical indicators suggest bearish momentum, and financial performance shows challenges in profitability and cash conversion.
To see Spark’s full report on WETH stock, click here.
More about Wetouch Technology
Average Trading Volume: 272,720
Technical Sentiment Signal: Sell
Current Market Cap: $17.18M
For an in-depth examination of WETH stock, go to TipRanks’ Overview page.