BEIJING, Jan. 3, 2023
/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 had been awarded the "Strongest
Potential IPO of the Year" by the 2022 GURUCLUB Greater China Best
Listed Company Awards.
The "Strongest Potential IPO of the Year" award is designed to
reward the most influential publicly listed companies in the
investment community. Specifically, this award analyzes
companies'financing scale, profitability, financial security and
market capitalization management. It also motivates companies with
promising major businesses, stable performance growth, continuous
creation of value for shareholders to take on their social
responsibility. Additionally, the award recognizes companies that
have made significant contributions to economic development,
improvement of people's living standards and national
competitiveness. The finalists are announced based on quantitative
data analysis by a team of experts.
The "Strongest Potential IPO of the Year" award not only marks a
perfect ending for WeTrade in 2022 but also a promising future in
2023. Since its successful uplisting on NASDAQ in 2022, the Company
has been executing its business expansion and continuing to adjust
its business structure, which constitutes YCloud, Y-Health and
WTPay, the Company's three major business segments.
In August 2022, WeTrade
successively signed a $50 million
partnership contract with Jiqing Biomedical Technology Co.
Ltd and Parkway Medical Limited to sell the monkeypox
virus test kits. WeTrade Group also entered into a partnerships
with Zhixun Biotechnology Limited and others to
promote COVID disinfectant spray via its platforms.
In October 2022, WeTrade launched
the WTPay system in Singapore and
announced a strategic cooperation with Vmade Tech PTE. LTD, which
would pay WeTrade a guaranteed fee of $120
million for technical support.
The Company's business development can be attributed to YCloud,
which can be used by enterprises and businesses. It is also a
critical digital tool that contributes to flexible employment in
China, such as courier and online
hailing services, which will further expand as China gradually loosens pandemic prevention
policies.
Hechun Wei, Chief Executive
Officer of the Company, commented, "The 2022 GURUCLUB Greater China
Best Listed Company Awards marks a perfect conclusion for our
Company. In 2023, we plan on further refining our business
structure by launching a multi-industry and diversified development
strategy. Specifically, a YG new energy business segment will be
developed alongside YCloud, Y-Health and WTPay segments. The
Company will further cultivate markets in Central Asia and Middle East and continue to create value for
our 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