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8-K//Current report

Wetouch Technology Inc. 8-K

Accession 0001213900-25-126857

$WETHCIK 0001826660operating

Filed

Dec 30, 7:00 PM ET

Accepted

Dec 31, 10:01 AM ET

Size

207.9 KB

Accession

0001213900-25-126857

Research Summary

AI-generated summary of this filing

Updated

Wetouch Technology Inc. Reports 2025 Annual Meeting Results

What Happened

  • Wetouch Technology Inc. filed an 8-K reporting the results of its December 26, 2025 Annual Meeting of Stockholders. Stockholders elected five directors (Guangrong Cai, Jian Feng, Jiaxing Huang, Jing Guo and Yunna Liu) to serve until the next annual meeting, ratified ST & Partners PLT as the company’s independent registered public accounting firm for fiscal 2025, approved an increase in authorized common stock, and approved an advisory (non-binding) vote on named executive officer compensation.

Key Details

  • Authorized shares: Shareholders approved increasing authorized common stock from 15,000,000 to 65,000,000 (Vote: For 5,245,364; Against 1,049,486; Abstain 106,323).
  • Director elections: Guangrong Cai, Jian Feng, Jiaxing Huang, Jing Guo and Yunna Liu were elected (For votes ranged roughly 5.2M–5.3M; broker non-votes: 5,207,859).
  • Auditor ratified: ST & Partners PLT was ratified as auditor for the fiscal year ending December 31, 2025 (For 6,316,228; Against 904; Abstain 84,039).
  • Executive pay (advisory): Shareholders approved the compensation of the named executive officers in a non-binding vote (For 5,154,035; Against 171,800; Abstain 121,923; broker non-votes: 5,207,859).

Why It Matters

  • Increasing authorized shares expands the number of shares the company can legally issue, which could be used for future financings, equity grants or other corporate actions (any actual issuance would be a separate decision and could affect dilution).
  • Re-electing the board and ratifying the auditor maintain continuity in governance and financial reporting.
  • The advisory approval of executive compensation signals shareholder support for pay policy, but is non-binding and does not itself change compensation.