Meiwu Technology (WNW)
Wholesales functional-skincare products and delivers training for distributors and skincare professionals.
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Wholesales functional-skincare products to distributors in China and charges fees for related training workshops. Uses an asset-light model in which third parties formulate and manufacture products while its operating subsidiaries manage sourcing, distributor relationships, marketing, quality oversight and training.
Wholesales functional-skincare products to distributors in China, with training workshops covering customer development, selling methods and product use providing a second revenue stream. Current offerings include essence, serum, collagen products and a prebiotics solid beverage. Marketing uses in-person launch events, promotional salons, social media and recruitment of provincial distributors and affiliate-store partners.
Operates through a BVI holding company and PRC subsidiaries, with all revenue and most assets in the PRC. Outside manufacturers formulate and make products, while operating subsidiaries coordinate sourcing, distributor relationships, marketing, quality oversight and training. Cosmetics registration or filing, manufacturing licenses, quality monitoring, advertising and consumer-protection rules apply; formulation, production and fulfillment remain dependent on third parties.
Company facts
Categories
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Dec 31, 2025Cash & short-term investments $17.9M · Total debt $41.2K · Total assets $50.7M · Shareholders' equity $49.4M
- Revenue
- $4.6M
- Operating income
- −$17.2M
- Net income
- −$17.2M
No dividends on record.
31.7K ADS as of Aug 21, 2026 · holders as of their latest filing
The share count is from the company's Dec 2023 annual report; nothing newer is on file here.
The share count has not been confirmed by a second filing; stakes use it as it stands.
Some positions are filed in underlying shares, not receipts; the ratio is unknown, so no percentage.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Evidence |
|---|---|---|---|
HRT Financial LP1Strategic10 percent owner | — | — | Form 4filed May 11, 2026 ↗ |
Changbin Xia1Insiderdirector, 10 percent owner | — | — | Form 4filed Mar 25, 2026 ↗ |
Xiang LiInsider | —7.91% of class, as filed | — | 13Gfiled Oct 31, 2023 ↗ |
Xiaolin ZhangInsider | —7.67% of class, as filed | — | 13Gfiled Oct 31, 2023 ↗ |
Zhendong ZhangInsider | —8.55% of class, as filed | — | 13Gfiled Oct 31, 2023 ↗ |
- This position is filed in underlying shares, not receipts; the ratio is unknown, so no percentage.
13D/13G — an ownership statement filed at 5% or more · Form 4 — an insider's transaction report
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| May 8, 2026 | HRT Financial LP | 10 percent owner | −9,054 | $3.66 |
| May 7, 2026 | HRT Financial LP | 10 percent owner | +3,069 | $3.70 |
- Estée Lauder Companies
Prestige anti-aging skincare and China-channel overlap.
ComparePre-market
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Meiwu Technology | $2.45 | +2.94% | $74.4K | — | — | 0.0 | +6,264.6% |
| Estée Lauder Companies | $101.85 | +0.70% | $36.58B | 202.3 | 30.5 | 2.4 | +6.5% |
| Median | 202.3 | 30.5 | 2.4 | +6.5% |



