Meiwu Falls on Shenzhen Hookup

Barchart·06/17/2025 09:37:00

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Shares in China-based Meiwu Technology Company Limited (NASDAQ: WNW) were in the red Tuesday, on word the company entered into an agreement with Shenzhen Zhinuo Weichuang Technology Co., Ltd., to enhance the Company’s brand influence and market competitiveness.

Zhinuo Weichuang, based in Guangdong China, primarily engages in the research, development, and sale of technology products in the fields of smart technology, AI-driven finance, and the internet, as well as the provision of intelligent services and investment-related activities. The company engaged Zhinuo Weichuang for its comprehensive marketing services for a term from July 1, 2025 to June 30, 2026.

Through its resources across the entire internet, Zhinuo Weichuang aims to increase the Company’s brand exposure, strengthen market competitiveness, and enhance the brand’s premium. Leveraging digital marketing technologies and channel networks, Zhinuo Weichuang plans to assist the Company in the analysis of active user data, display data, and browsing behavior across both user and brand-facing channels. This approach will enable more precise targeting and performance insights for the Company’s products. Zhinuo Weichuang also aims to help expand the Company’s market reach across both domestic and international dimensions.

This morning’s news release states the parties have agreed on a comprehensive service and fee structure.

WNW shares dipped four cents, or 2.4%, to open Tuesday at $1.62.

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