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WNW on Nasdaq

Meiwu Technology Co Ltd

Meiwu Technology Co Ltd is a soap company in the British Virgin Islands, listed on Nasdaq (WNW).1

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Last updated Oct 21, 2026.

Overview

$7.1MRevenue, fiscal 20252
-$18.6MNet income, fiscal 20252

Compare with Park Ha Biological Technology Co., Ltd., Longevity Health Holdings, Inc. or Stepan Company, or pick any stock.

  • TickerWNW on Nasdaq1
  • IndustrySoap, Detergents, Cleang Preparations, Perfumes, Cosmetics1
  • HeadquartersD81
  • Incorporated inVirgin Islands, British3
  • Business addressUnit 304-3, No. 19, Wanghai Road, Siming District,, Xiamen3
  • Filer categoryNon-accelerated filer3

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August 19, 2019, we changed our name from “Advancement International Limited” to Wunong Net Technology Company Limited.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

10.1%Gross margin2
-124.1%Operating margin2
-262.5%Net margin2
4368.0%Revenue growth, 20252
-37.6%Return on equity2

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Skincare Products and Service brought in 98% of the revenue Meiwu Technology Co Ltd broke down this way in fiscal 2025.

  1. Skincare Products and Service$7.1M298%up 8097% from 2024
  2. Service$161.5K22%up 2675% from 2024
Products and services by year
Products and services202320242025
Skincare Products and Service$86.4K$7.1M
Service$8.5M$5.8K$161.5K

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue70¢$6.4M
  • Research and development30¢$2.7M

Out of $7.1M in revenue.2 The company lost money this year.

Where each dollar of operating cash went, fiscal 2025

  • Kept or used elsewhere100¢$9.0M

Out of $9.0M of cash from operations.2

Financial statements

Revenue567892$7.1M in 2025+558% since 2018
0$10.0M$20.0M$30.0M2018: $1.1M$1.1M20182019: $7.7M$7.7M2019+613%2020: $22.1M$22.1M2020+188%2021: $12.3M$12.3M2021−45%2022: $11.0M$11.0M2022−10%2023: $11.0M$11.0M2023−0%2024: $158.5K$158.5K2024−99%2025: $7.1M$7.1M2025+4368%
Gross profit567892$714.3K in 2025+213% since 2018
0$2.0M$4.0M$6.0M2018: $228.1K$228.1K20182019: $1.9M$1.9M2019+735%2020: $4.2M$4.2M2020+118%2021: $2.8M$2.8M2021−32%2022: $1.2M$1.2M2022−59%2023: $2.6M$2.6M2023+120%2024: $67.1K$67.1K2024−97%2025: $714.3K$714.3K2025+964%
Operating income567892-$8.8M in 2025+794% since 2018
-$10.0M-$7.5M-$5.0M-$2.5M02018: -$983.3K-$983.3K20182019: -$1.8M-$1.8M2019+79%2020: -$2.2M-$2.2M2020+27%2021: -$1.1M-$1.1M2021−51%2022: -$3.7M-$3.7M2022+239%2023: -$1.5M-$1.5M2023−59%2024: -$2.0M-$2.0M2024+35%2025: -$8.8M-$8.8M2025+329%
Net income67892-$18.6M in 2025+1590% since 2018
-$20.0M-$10.0M0$10.0M2018: -$1.1M-$1.1M20182019: -$1.8M-$1.8M2019+60%2020: -$2.2M-$2.2M2020+26%2021: -$1.1M-$1.1M2021−51%2022: -$11.1M-$11.1M2022+923%2023: -$16.1M-$16.1M2023+45%2024: $5.1M$5.1M20242025: -$18.6M-$18.6M2025

Every line of the income statement as filed: the last 3 fiscal years, latest first.2

Period ending2025-12-312024-12-312023-12-31
Total revenue$7.1M$158.5K$11.0M
Total cost of revenue$6.4M$91.4K$8.4M
GROSS PROFIT$714.3K$67.1K$2.6M
Sales and Marketing Expenses$3.0M$94.4K$1.5M
General and Administrative Expenses$3.8M$2.0M$2.5M
Research and Development Expenses$2.7M$689$107.2K
Total operating expenses$9.5M$2.1M$4.1M
LOSS FROM OPERATIONS-$8.8M-$2.0M-$1.5M
Assets impairment loss-$9.8M-$1.4M-$14.7M
Gain (loss) on disposal of subsidiaries$8.2M-$28.6K
Other income, net$430.9K$18.3K$138.8K
INCOME (LOSS) BEFORE INCOME TAX-$18.2M$4.7M-$16.1M
Income tax (expense) benefit-$372.6K$207.2K
NET INCOME (LOSS)-$18.2M$5.1M-$16.3M
Less: net loss attributable to non-controlling interest$398.4K-$246.3K
NET INCOME (LOSS) ATTRIBUTABLE TO THE OWNERS COMPANY-$18.6M$5.1M-$16.1M
Foreign Currency Translation Adjustment$81.7K-$3.3M-$671.9K
TOTAL COMPREHENSIVE INCOME (LOSS)-$18.1M$1.8M-$17.0M
Loss per share - basic-$0.82$0.45-$6.28
Loss per share - diluted-$0.82$0.45-$6.28
Weighted average shares outstanding - basic22.1M shares11.3M shares2.6M shares
Weighted average shares outstanding - diluted22.1M shares11.3M shares2.6M shares

Compare Meiwu Technology Co Ltd with another company

Corporate structure

Meiwu Technology Co Ltd sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Meiwu Technology Co Ltd

  • Huilin Xu Filed SC 13G on Meiwu Technology Co Ltd, latest Oct 31, 2023
  • Naiyun Bi Filed SC 13G on Meiwu Technology Co Ltd, latest Oct 31, 2023
  • Xiang Li Filed SC 13G on Meiwu Technology Co Ltd, latest Oct 31, 2023
  • Xiaolin Zhang Filed SC 13G on Meiwu Technology Co Ltd, latest Oct 31, 2023
  • Zhendong Zhang Filed SC 13G on Meiwu Technology Co Ltd, latest Oct 31, 2023
  • Meiwu Technology Co Ltd D8

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Meiwu Technology Co Ltd reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Operating-lease assets (leased space)$41.2K2 Dec 31, 2025$119.1K9 Dec 31, 2023−65.4%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$17.9M2 Dec 31, 2025$43.4M2 Dec 31, 2024−58.8%

Intangibles and goodwill

ItemLatestA year beforeChange
Intangible assets, net (excluding goodwill)$29.9M2 Dec 31, 2025
Accumulated amortization-$3.0M2 Dec 31, 2025
Patents, net$14.6M2 Dec 31, 2025

Inventory

ItemLatestA year beforeChange
Inventory, total$82.8K2 Dec 31, 2025$95.1K9 Dec 31, 2023−12.9%
Finished goods$82.8K2 Dec 31, 2025

Leadership

Who has led Meiwu Technology Co Ltd, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Wijaya Handy2026–now

Chief financial officer

  1. Zihao Liu2026–now
Board members and other officers (4)

Former names

  • Wunong Net Technology Co LtdDec 16, 2019 to Jul 30, 20213

Timeline

  1. Mar 20, 2026New chief executive Wijaya Handy becomes CEO11

Filings

100 filings to the SEC since October 2021: 7 annual reports, 9 insider forms, 5 large holders, 79 other. The latest 20:

  1. Oct 2, 20266-K/A EDGAR
  2. Sep 23, 20266-K EDGAR
  3. Sep 15, 20266-K EDGAR
  4. Aug 26, 20266-K EDGAR
  5. Aug 11, 20266-K EDGAR
  6. Jul 29, 20266-K EDGAR
  7. Jul 9, 20266-K EDGAR
  8. May 11, 20264 PRIMARY DOCUMENT EDGAR
  9. May 11, 20263 PRIMARY DOCUMENT EDGAR
  10. May 8, 20266-K EDGAR
  11. Apr 17, 202620-F EDGAR
  12. Mar 25, 20263 EDGAR
  13. Mar 25, 20263 EDGAR
  14. Mar 25, 20263 EDGAR
  15. Mar 25, 20263 EDGAR
  16. Mar 25, 20263 EDGAR
  17. Mar 20, 20263 EDGAR
  18. Mar 20, 20263 EDGAR
  19. Mar 19, 20266-K EDGAR
  20. Mar 18, 2026424B5 EDGAR

The 100 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

2 open-market trades by officers, directors and large owners since October 2021: 1 buys and 1 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
May 8, 2026HRT FINANCIAL LP10% ownerSale9,054$3.66$33.1KForm 4
May 7, 2026HRT FINANCIAL LP10% ownerBuy3,069$3.70$11.4KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

  • Huilin XuSC 13G, 1 filing Oct 31, 202317
  • Naiyun BiSC 13G, 1 filing Oct 31, 202318
  • Xiang LiSC 13G, 1 filing Oct 31, 202319
  • Xiaolin ZhangSC 13G, 1 filing Oct 31, 202320
  • Zhendong ZhangSC 13G, 1 filing Oct 31, 202321

SEC filer profile

How Meiwu Technology Co Ltd is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARMeiwu Technology Co Ltd1
  • CIK0001787803
  • Filer statusNon-accelerated filer not an emerging growth company; a shell company4
  • Incorporated inBritish Virgin Islands4
  • Fiscal year endsDecember 311
  • Industry code (SIC)2840 Soap, Detergents, Cleang Preparations, Perfumes, Cosmetics1
  • SEC reviewing officeOffice of Industrial Applications and Services, Division of Corporation Finance1
  • Business addressUnit 304-3, No. 19, Wanghai Road, Siming District,, Xiamen, Fujian, China1
  • Phone86 755 852504001
  • Shares outstanding15,643,353 shares as of Dec 31, 20254
  • AuditorEnrome LLP, Singapore PCAOB ID 69074
  • On EDGAR sinceDec 16, 20191
  • Filings139 in all: 6-K (46), CORRESP (12), UPLOAD (11), F-1/A (9), 3 (8), 20-F (6), 6-K/A (5), NT 20-F (5)1
    All 24 form types

    SC 13G (5), DRS/A (4), EFFECT (4), 424B4 (3), F-1 (3), F-3/A (3), S-8 (3), 20-F/A (2), DRS (2), DRSLTR (2), 4 (1), 424B5 (1), 8-A12B (1), CERT (1), F-3 (1), FWP (1)

  • Latest filingsAnnual report (20-F) Apr 17, 2026

Securities registered for trading

ClassSymbolExchange
Ordinary SharesWNWNASDAQ

From the cover page of the 20-F filed Apr 17, 2026 (Section 12(b) of the Exchange Act).4

Sources

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