Meiwu Technology Company Limited Implements Significant 1-For-100 Reverse Share Split Strategy
Meiwu Technology Company Limited Announces 1-For-100 Reverse Share Split
SHENZHEN, China, April 1, 2026 — Meiwu Technology Company Limited (NASDAQ: WNW) has revealed its strategic decision to implement a reverse stock split of its shares, executing at a ratio of 1-for-100. This is a part of the company's ongoing efforts to adjust its market position as the impact of economic conditions continues to shift.
Starting April 6, 2026, the Ordinary Shares will begin trading on a reverse split-adjusted basis, maintaining the existing symbol 'WNW' on the Nasdaq Capital Market. With this action, the number of outstanding Ordinary Shares is expected to decrease from approximately 133 million to about 1.33 million. The change aims to promote increased share prices and provide the Company with greater flexibility on the market.
Shareholders will see their individual shareholdings increased in value proportionally by this split. However, Meiwu Technology cautioned that there is no guarantee that the post-split share price will maintain or reflect the desired trading conditions that the Company anticipates. The company acknowledges the inherent risks associated with such moves in the financial markets, where the share price might not align with the 1-for-100 split ratio.
In a move to simplify shareholder transactions, no fractional shares will be issued, meaning any fractions of shares will be rounded up to the nearest whole share. This action is intended to make the shares more marketable and potentially more attractive to a broader range of investors.
The reverse share split was approved by the Company's Board of Directors on March 17, 2026, as part of a plan to strengthen the company's capital structure and align with its long-term business strategy. TranShare Corporation has been appointed as the exchange agent for this process and will facilitate the transition for shareholders holding shares in a variety of forms, be it book-entry or brokerage accounts.
Meiwu Technology began its journey back in December 2018; initially focusing on the online sale of select high-quality food products. However, it has since pivoted into the skincare industry through its wholly-owned subsidiary, Xiamen Chunshang Health Technology Co., Ltd., engaging now in the sales of functional skincare products.
This transition aligns with the evolving market demands and reflects the company’s responsiveness to consumer trends within the skincare sector—a sector that has gained significant traction in recent years due to increasing consumer focus on health and personal care products.
Meiwu’s strategy of enhancing shareholder value through structural changes is a part of its broader vision to innovate and provide high-quality solutions in skincare as it moves forward. As stated in the company’s announcement, there are forward-looking projections concerning its business growth, investor relations, and market strategies following this share restructuring. The company is cautious while acknowledging potential risks, including the impacts of market conditions and regulatory changes on future performance and share price longevity.
Furthermore, stakeholders are encouraged to reach out to their brokers for more details surrounding the share adjustment processes and what it may entail for their individual investments going forward. Meiwu Technology remains committed to clarifying its shareholder communications to ensure seamless transitions during this period.
This strategic move underscores Meiwu Technology Company Limited's dedication to remaining agile within the competitive landscape of the skincare market, actively adjusting its business strategies in line with evolving consumer expectations, financial health, and shareholder value enhancement.