Wetouch opens Taiwan office, targets $10M in annual revenue

WeTouch (WETH) Technology announced that the company has officially launched its Taiwan region office, marking another major milestone in its Asia-Pacific expansion. Following the rollout of its Korea operations, the Taiwan region office serves as a new strategic anchor – linking the region’s robust industrial ecosystem with broader cross-strait and global supply chains. As its first major achievement in Taiwan, WeTouch has entered into a cooperation agreement with NOVAKON. The initial order from NOVAKON has already moved into the fulfillment stage. With strong early momentum, WeTouch anticipates that its Taiwan area operations will generate approximately $10M in annual revenue, driven by increasing demand across the automation, electronics, and high-value export sectors. The company plans to further invest in local talent, infrastructure, and strategic partnerships to support its long-term growth ambitions. The Company expects to complete its fiscal year 2024 audit by the end of August 2025, in alignment with its reporting and disclosure schedule.