8-K
Next Technology Holding Inc. (NXTT)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported): March 17, 2023
| WeTrade Group Inc. | ||
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| (Exact name of Company as specified in charter) | ||
| Wyoming | 7374 | N/A |
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| (State or other jurisdiction of<br><br>incorporation or organization) | (Primary Standard Industrial<br><br>Classification Code Number) | (I.R.S. Employer<br><br>Identification Number) |
Room 101, Level 1 Building 8,
No. 18, Kechuang 10th Street,
Beijing Economic and Technological Development Zone
People’s Republic of China 100020
+86-135-011-76409
(Address, including zip code, and telephone number, including area code, of principal executive offices)
Wyoming Registered Agent
1621 Central Ave Cheyenne, Wyoming 82001
(Name, address, including zip code, and telephone number, including area code, of agent for service)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Company under any of the following provisions (see General Instruction A.2. below):
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|---|---|
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 7.01 Regulation FD Disclosure.
The information responsive to Item 7.01 of this Form 8-K and Exhibit 99.1 attached, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall they be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended or the Exchange Act, except as expressly set forth by specific reference in such a filing.
Item 9.01 Financial Statements and Exhibits.
| Exhibit No. | Description |
|---|---|
| 99.1 | WeTrade Group Inc Cooperates with Tencent Smart Retail to Create Integrated Solutions For Retail Industry |
| 99.2 | The Founder of WeTrade Attended the Navruz Festival at the Embassy of Uzbekistan of China to Discuss Cooperation Opportunities |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL Document). |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| WETRADE GROUP INC. | ||
|---|---|---|
| Date: March 20, 2023 | By: | /s/ Hechun Wei |
| Name: | Hechun Wei | |
| Title: | Chief Executive Officer | |
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wetg_ex991.htm
EXHIBIT 99.1
WeTrade Group Inc Cooperates with Tencent Smart Retail to Create Integrated Solutions For Retail Industry
BEIJING, March 17, 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 multiple industries, today announced that the company has officially integrated Tencent cloud technology products with Tencent Smart Retail, and jointly upgraded digitally fast transaction scenario of small, medium and micro merchants of WeTrade.
With the rapid development of the industrial Internet, Tencent Cloud and Smart Retail continue to provide Tencent technology support to industry partners, and continue to invite qualified service providers in the ecosystem to work together to explore the whole area and create new growth for retail enterprises.
As a partner of Tencent, WeTrade will further explore channel innovation and service resource integration by engaging the digitization ecology, focusing on the digital upgrade of micro, small, and medium merchants, and connecting upstream and downstream industries with the SaaS+ supply chain.
Based on this cooperation, WeTrade starts with the transaction scenarios, and will cooperate with Tencent Smart Retail and Tencent E-Sign Product Team to develop a fast transaction signing solution that enables merchants to complete the order transaction quickly by a mobile phone and a small program. This product relies on Tencent’s WeChat native face recognition and blockchain full process certificate storage and recording capabilities, and ensures that the contract is strictly tamperproof after signing, and has full legal effect, safeguarding the transactions of small, medium, and micro businesses.
WeTrade will continue to join hands with Tencent Smart Retail, integrate more Tencent technology production capabilities, provide one-stop digital ecological marketing solutions for the majority of small, medium and micro businesses, and help small, medium and micro enterprises in the process of the digital ecological operation and upgrading.
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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 four business segments of WeTrade Group are YCloud, WTPay, Y-Health and YG.
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.
Y-Health is the sector focusing on public health business, which 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.
YG is the new energy business segment which mainly provides tools and technical support for the digital new energy industry in the Middle East and Central Asia.
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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wetg_ex992.htm EXHIBIT 99.2
The Founder of WeTrade Attended the Navruz Festival at the Embassy of Uzbekistan of China to Discuss Cooperation Opportunities
On March 19, 2023, Mr Zheng Dai, founder of WeTrade Group Inc. (“WeTrade” or the “Company”), was invited to meet and exchange views with Mr. Aziyev, the Ambassador of Uzbekistan to China, and participated in the traditional Uzbek Spring Festival, the Naurus Festival, at the Embassy of Uzbekistan in China.
Thereafter, Mr. Zheng Dai and other invitees from similar industry background also held friendly business discussions with Mr. Ihtiyar Nyazimuradov, business counselor of Uzbekistan in China. The participants reached a preliminary consensus on the future cooperation in the tourism and cultural industries between the two countries, as well as the development of new energy industry investment and other related businesses.
Mr Zheng Dai, the founder of WeTrade commented: “Since the emergence of global climate change and the urgent need of clean and low-carbon energy transformation, both China and Central Asian countries are facing the challenges arising out of various green, low-carbon, and sustainable development initiatives. The next decade is a critical period for the world to accelerate the transformation to clean energy. WeTrade’s new energy business segment, YG, and its products from a green energy plant, Green Planet Renren Power Plant, can potentially help Central Asia solve the energy gap and achieve carbon neutrality by integrating advanced new energy industry technologies and products at home and abroad. This project fully meets the development needs of China and Central Asian countries in the new energy industry. We are expected to solidify cooperation plans with Uzbekistan and implement the project as our next goal.”
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 four business segments of WeTrade Group are YCloud, WTPay,Y-Health and YG.
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.
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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.
Y-Health is the sector focusing on public health business, which 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.
YG is the new energy business segment which mainly provides tools and technical support for the digital new energy industry in the Middle East and Central Asia.
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.
For more information, please contact:
WeTrade Group Inc.
Investor Relations Department
ir@WeTradegroup.net
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