BEIJING, Dec. 28,
2022 /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 has entered into strategic cooperation with
Fujian Kunyue Medical Supplies Co. Ltd. ("Kunyue Medical"), under
which WeTrade would use multi-dimensional SaaS technology to open
online stores for Kunyue Medical on Alipay and other platforms,
launch third-party services, and utilize digital management and
refined operations to help Kunyue Medical's business innovation and
growth. To date, Kunyue Medical has achieved an average daily
online sales order volume of over 50,000 units in Alipay's online
store, Epidemic Inspection Pass.
Kunyue Medical is a company that focuses on the production and
sales of medical equipment. Specifically, it has a top-notch
production line of rubber gloves in China, and currently ranks in the top three in
the production and sales in China.
Notably, Kunyue Medical seized the opportunity to produce
protective clothing and sell antigen detection kits during the
pandemic by promptly implementing speedy production of
medical protective clothing, and making possible that
protective armors for doctors and nurses in front-line are equipped
with sufficient technology and availability.
As a company used to devote in traditional medical product
manufacturing and sales, Kunyue Medical's sales channels were
mainly offline in the past. Since the pandemic has disrupted the
offline markets, Kunyue Medical has transformed its business model
to online sales, which has proven to be a successful and will
ensure its future in the market.
Hechun Wei, Chief Executive
Officer of the Company, commented, "With the development of cloud
computing, big data, and other technologies, global leading
biopharmaceutical companies continue to build their core
competitiveness through digitalization, and the living space for
traditional pharmaceutical companies has since been negatively
impacted. Therefore, the topic on how to successfully carry out
digital transformation has become increasingly important for
biopharmaceutical companies. Y-Health has absolute advantages in
helping these biomedical companies achieve their desired digital
transformation. The cooperation with Kunyue Medical is just the
beginning, and we will reach cooperation with more biomedical
companies to further improve the layout of the big health industry
and realize the diversified development of the Company's
business."
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