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Wunong Net Technology Company Limited Announces Name Change to Meiwu Technology Company Limited

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Wunong Net Technology Company Limited (NASDAQ: WNW) will officially change its name to Meiwu Technology Company Limited on December 2, 2021. CEO Xinliang Zhang stated this new name better represents the company's global high-tech internet trading platform and services beyond its original business model. The company, incorporated in the British Virgin Islands, operates primarily through its Chinese subsidiary and focuses on optimizing its online retail services to meet consumer demands in the food sector.

Positive
  • Company rebranding to Meiwu Technology reflects a broader international business strategy.
  • Focus on global high-tech internet trading services may enhance market position.
Negative
  • None.

Shenzhen, China, Dec. 01, 2021 (GLOBE NEWSWIRE) -- Wunong Net Technology Company Limited the “Company”), (NASDAQ: WNW), is pleased to announce that effective on December 2, 2021, the Company will change its name to “Meiwu Technology Company Limited”.

Xinliang Zhang, CEO of the Company, commented: “The Company’s new name better reflects the Company’s international business line beyond its Wunong Net business as a global high-tech internet trading platform with a global commodity chain and the comprehensive services such as online consultation, display, sales and after-sales services. We are excited about our development in this new chapter.”

About Wunong Net Technology Company Limited

Wunong Net Technology Company Limited is a British Virgin Islands company incorporated on December 4, 2018, and conduct our business in China through our subsidiaries and variable interest entity, Wunong Technology (Shenzhen) Co., Ltd. Currently we conduct our business through our online retail store on the website www.wnw108.com. Optimizing the Website and real-time data, we are able to respond to and match supply with demand for food products in keeping with consumer trends.

Safe Harbor Statement

Certain statements made in this release are “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth; ability to identify and integrate other future acquisitions; ability to obtain additional financing in the future to fund capital expenditures; fluctuations in general economic and business conditions; costs or other factors adversely affecting our profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic. The forward-looking statements contained in this release are also subject to other risks and uncertainties, including those more fully described in the Company’s filings with the Securities and Exchange Commission, which are available for review at www.sec.gov. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Such information speaks only as of the date of this release.

Contact

Wunong Net Technology Company Limited
Xiaoyu Li
Email: meiwuBS@usmeiwu.com


FAQ

What is the new name for Wunong Net Technology Company Limited?

Wunong Net Technology Company Limited will be rebranded as Meiwu Technology Company Limited effective December 2, 2021.

Why is Wunong Net changing its name?

The name change aims to better reflect the company's expanded global high-tech internet trading platform and services beyond its initial focus.

What does Meiwu Technology Company Limited focus on?

Meiwu Technology focuses on providing a global internet trading platform with comprehensive services including online consultation, sales, and after-sales support.

What is the stock symbol for Wunong Net Technology?

The stock symbol for Wunong Net Technology Company Limited is WNW.

Meiwu Technology Company Limited Ordinary Shares

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Internet Retail
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