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WNW · NASDAQ · Specialty Retail

Meiwu Technology (WNW)

Wholesales functional-skincare products and delivers training for distributors and skincare professionals.

$2.45
Pre-market+0.07 (+2.94%)
At close$2.38(−2.46%)
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Meiwu Technology Company LimitedWNWConsumer Discretionary

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

CEOZhichao Yang
ListedDec 15, 2020
ExchangeNASDAQ
HeadquartersXiamen, China
CountryChina
Employees92
CIK0001787803
ISINVGG9604C1317

Market cap$74.4K
EPS (ttm)−$86.36
P/E (ttm)−0.0272
ROE-34.5%
P/B0.0102
P/S0.0105
Dividend yieldDiv yield
Beta1.04vs XLY −0.48

No analyst consensus on record.

EPSReportedEstimate

May '22Nov '22Aug '23May '24Dec '24May '25Aug '25May '26
Reported$3.55−$97.87−$2.32−$1.24−$2.13$11.19−$0.04−$0.80
Estimate
Surprise

RevenueReportedEstimate

May '22Nov '22Aug '23May '24Dec '24May '25Aug '25May '26
Reported$4.8M$1.2M$10.7M$294.2K$86.2K$72.3K$2.5M$4.6M
Estimate
Surprise
Estimate
Reported−$0.80
Estimate
Reported$4.6M
View details

Debt to equity0.10%
Current ratio1,581.30%

ProfitabilityRevenueNet incomeNet margin

Q2 FY22Q4 FY22Q2 FY23Q4 FY23Q2 FY24Q4 FY24Q2 FY25Q4 FY25
Revenue$1.2M$9.8M$10.7M$294.2K$86.2K$72.3K$2.5M$4.6M
Net income−$5.5M−$5.6M−$267.9K−$15.8M−$335.9K$5.5M−$1.4M−$17.2M
Net margin0.0%0.0%0.0%0.0%0.0%7,536.1%0.0%0.0%

GrowthOperating income

Q2 FY22Q4 FY22Q2 FY23Q4 FY23Q2 FY24Q4 FY24Q2 FY25Q4 FY25
Operating income−$5.6M−$4.9M$41.2K−$1.6M−$728.5K−$1.3M−$1.4M−$17.2M
YoY growth−4,003.4%−1,867.8%

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
View details

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

HolderStakeSharesEvidence
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 filed13Gfiled Oct 31, 2023
Xiaolin ZhangInsider
7.67% of class, as filed13Gfiled Oct 31, 2023
Zhendong ZhangInsider
8.55% of class, as filed13Gfiled Oct 31, 2023
  1. 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

DateInsiderRoleSharesAvg price
May 8, 2026HRT Financial LP10 percent owner−9,054$3.66
May 7, 2026HRT Financial LP10 percent owner+3,069$3.70
View details

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Meiwu Technology$2.45+2.94%$74.4K0.0+6,264.6%
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