Meiwu Technology stock completes 100 percent acquisition
Published on 09/29/2026 at 22:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSMeiwu Technology stock is tied to a RMB 235.2 million acquisition that transferred 100 percent of Xiamen Hemeitong Commercial to the company on September 22, 2026. The transaction gives Meiwu Technology a wholly owned distributor in the functional skincare market and adds a concrete operating expansion to its recent corporate activity.
Acquisition adds skincare distribution
According to StockTitan, Meiwu paid RMB 235.2 million in cash for all of Xiamen Hemeitong's equity interests, and the acquired company became a wholly owned subsidiary of Xiamen Chunshang Health Technology. The agreement behind the transaction was dated August 20, 2026, while completion took place on September 22, 2026.
The deal is linked to Meiwu's skincare strategy and its MOBO platform, which the company describes as an AI-assisted tool for consumer skincare solutions and business data analytics. The acquisition therefore combines distribution capacity with a technology initiative rather than representing a single-product expansion.
Shareholder vote shows broad participation
Meiwu's September 14, 2026 extraordinary meeting recorded 22,523,926 votes, equal to 85.54 percent of the 26,330,471 ordinary shares issued and outstanding on the August 10, 2026 record date. StockTitan reported that shareholders approved the reclassification into Class A and Class B ordinary shares, related share actions, and amended governing documents.
The voting figures provide a useful comparison for the acquisition story: the transaction changes the operating footprint through a 100 percent purchase, while the governance resolutions were supported by participation representing 85.54 percent of outstanding shares. The reclassification resolution received 22,510,029 votes in favor against 10,915 votes.
Nasdaq listing keeps capital structure central
Meiwu Technology is listed on Nasdaq under ticker WNW, according to MetaTrader. For investors, the acquisition and the newly approved dual-class structure belong in the same frame: one expands the business platform, while the other changes the framework for voting control and future capital actions.
Acquisition sets the latest checkpoint
Meiwu Technology's latest dated corporate checkpoint is the September 22, 2026 completion of the Hemeitong purchase for RMB 235.2 million in cash. The company now enters its next phase with 100 percent ownership of the acquired distributor and a shareholder-approved Class A and Class B structure.
Meiwu Technology Company Limited at a glance
- Company: Meiwu Technology Company Limited
- ISIN: KYG5950A1015
- Ticker: WNW
- Primary exchange: Nasdaq
- Sector / Industry: Consumer Cyclical / Internet Retail
