BEIJING, Dec. 29,
2022 /PRNewswire/ -- WeTrade Group Inc. ("WeTrade" or
the "Company") (NASDAQ: WETG), a global diversified "software as a
service" ("SaaS") technology service provider committed to
providing technical support and digital transformation tools for
enterprises across different industries, today announced that the
Company has entered into strategic cooperation with Fujian Super Solar Energy Technology Co., Ltd
("Fujian Solar"), under which
the two parties will work together to develop portable energy
storage products and distribute them globally. Seeing the booming
downstream application, the two groups will work together to meet
the demand of market, and push the rapid growth in their respective
business scale. This cooperation also marks the official entry of
WeTrade Group into the new energy market.
Compared to the outdoor markets in Europe and the USA, the development of China's outdoor market is still in its
infancy. However, domestic consumers have gradually accepted and
started incorporating outdoor-related equipment and supplies into
their lives, providing this market with great potential. In
addition, due to the emergence of extreme weather and severe power
restrictions in overseas countries and regions, the demand for
mobile energy storage equipment will further expand.
Fujian Solar is a new energy
product development and production enterprise, and its portable
energy storage product, Venus Power,
has become popular and sold widely in China as soon as it was launched. Venus Power features high power, versatile
adaptability, outdoor LED lighting compatibility, cell phone
wireless charging, PD fast charging and solar panel charging, among
others. Therefore, this device is capable of fully adapting to the
market development of current diversified electricity demand from
both home use and travelling abroad.
Hechun Wei, Chief Executive
Officer of the Company, commented, "This entry into the new energy
market has been a part of the company's strategy and an important
step up in 2023. The entry will further consolidate the Company's
market position, improve brand awareness and benefit
shareholders."
About WeTrade Group Inc.
WeTrade Group Inc. is a global diversified "software as a
service" ("SaaS") technology service provider which is committed to
providing technical support and digital transformation tools for
enterprises across different industries. The three main business
segments of the Company are YCloud, WTPay and Y-Health.
YCloud is a micro-business cloud intelligent system launched by
WeTrade, serving global micro-business industry. YCloud strengthens
users' marketing relationship and CPS commission profit management
through leading technology and big data analysis. It also helps
increase the payment scenarios to increase customers' revenue by
multi-channel data statistics, AI fission and management as well as
improved supply chain system.
Independently developed by the Company, WTPay supports multiple
methods of online payment and eight mainstream digital wallets in
over 100 countries to help customers quickly realize global
collection and payment business. Customers can use WTpay for global
acquiring business, global store opening, global payment
collection, international banking, global remittance and currency
exchange.
Under its global public health business sector Y-Health, the
Company engages in developing global business for biological health
and medical enterprises. Currently, Y-Health mainly focuses on
detection and prevention of epidemic, daily healthcare, traditional
Chinese medicines, and others.
For more information, please
visit https://ir.wetg.group.
Forward-Looking Statements
This press release contains information about the Company's
view of its future expectations, plans and prospects that
constitute forward-looking statements. Actual results may
differ materially from historical results or those indicated by
these forward-looking statements as a result of a variety of
factors including, but not limited to, risks and uncertainties
associated with its ability to raise additional funding, its
ability to maintain and grow its business, variability of operating
results, its ability to maintain and enhance its brand, its
development and introduction of new products and services, the
successful integration of acquired companies, technologies and
assets into its portfolio of products and services, marketing and
other business development initiatives, competition in the
industry, general government regulation, economic conditions,
dependence on key personnel, the ability to attract, hire and
retain personnel who possess the technical skills and experience
necessary to meet the requirements of its clients, and its ability
to protect its intellectual property. The Company's encourages
you to review other factors that may affect its future results in
the Company's annual reports and in its other filings with the
Securities and Exchange Commission.
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SOURCE WeTrade Group INC