Meiwu Technology stock completes Hemeitong acquisition
Published on 10/07/2026 at 04:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Meiwu Technology stock was last at USD 2.35 on Nasdaq on October 6, 2026, down 0.42 percent from the prior close. The company completed a cash acquisition that adds a major skincare distribution business to its operating structure.
WNW completes the Hemeitong deal
According to StockTitan, Meiwu completed the acquisition of 100 percent of Xiamen Hemeitong on September 22, 2026, paying USD 35,106,574 in cash. Xiamen Hemeitong became an indirect wholly owned subsidiary through Meiwu's unit Xiamen Chunshang Health Technology.
The transaction gives Meiwu control of a functional skincare distributor, but the filing also identifies a clear financial risk. Hemeitong had USD 2,558 in cash and a USD 52,840 working capital deficit at December 31, 2025, while its auditor raised substantial doubt about its ability to continue as a going concern, according to StockTitan.
Revenue rises at the acquired business
Hemeitong reported USD 4,737,172 of revenue in fiscal year 2025, up from USD 1,376,032 in fiscal year 2024. Its net income also changed from a USD 133,520 loss in 2024 to USD 274,798 in 2025, according to StockTitan.
The latest disclosed interim figures are more encouraging on sales. For the seven months ended July 31, 2026, Hemeitong reported USD 7,805,573 in revenue and USD 991,383 in net income, compared with its full-year 2025 revenue of USD 4,737,172. That comparison gives the acquisition an operating-growth angle, while the going-concern warning keeps execution and liquidity central to the investment case.
Stock remains near its yearly low
WNW's October 6 close of USD 2.35 stood USD 0.10 above the 52-week low of USD 2.25 and far below the 52-week high of USD 1,352.00. The stock's year-to-date performance was negative 98.31 percent as of October 6, 2026.
For the latest quarter ended June 30, 2026, Earnings Today lists revenue of USD 4.6 million, up 85.8 percent from the prior period, alongside net income of negative USD 17.23 million. The figures put the acquisition in a sharper context: revenue expansion is visible, but profitability remains the decisive test for Meiwu's broader strategy.
WNW trades at USD 2.35
Meiwu Technology closed at USD 2.35 on Nasdaq on October 6, 2026, with a daily change of negative 0.42 percent and a market capitalization of USD 61.9 million. The transaction value was more than half of that market capitalization, making integration and funding important variables for the stock.
Key facts on Meiwu Technology stock
- Company: Meiwu Technology Company Limited
- Ticker: WNW
- Trading venue: Nasdaq
- Price (as of October 6, 2026, 4:00 p.m. EDT): USD 2.35, Closing price
- Market capitalization: USD 61.9 million (as of October 6, 2026)
- 52-week range: USD 2.25-1,352.00 (as of October 6, 2026)
- Sector / Industry: Consumer Cyclical / Internet Retail
