Meiwu Technology Files 20-F for FY2023

Ticker: WNW · Form: 20-F · Filed: Jul 5, 2024 · CIK: 1787803

Meiwu Technology Co Ltd 20-F Filing Summary
FieldDetail
CompanyMeiwu Technology Co Ltd (WNW)
Form Type20-F
Filed DateJul 5, 2024
Risk Levelmedium
Pages15
Reading Time18 min
Sentimentneutral

Sentiment: neutral

Topics: 20-F, annual-report, foreign-issuer

TL;DR

Meiwu Tech (MW) filed its 20-F for 2023. All good.

AI Summary

Meiwu Technology Co Ltd filed its 20-F report for the fiscal year ending December 31, 2023. The company, formerly known as Wunong Net Technology Co Ltd, is incorporated in D8 and operates in the retail catalog and mail-order houses sector. Its principal executive offices are located in Shenzhen, China.

Why It Matters

This filing provides investors with a comprehensive overview of Meiwu Technology's financial performance and business operations for the past fiscal year, crucial for understanding its current standing and future prospects.

Risk Assessment

Risk Level: medium — As a foreign private issuer filing a 20-F, the company's reporting standards and regulatory oversight may differ from domestic US companies, introducing a layer of risk for investors.

Key Numbers

  • 20231231 — Fiscal Year End (The reporting period covered by the 20-F filing.)
  • 0001787803 — Central Index Key (Unique identifier for Meiwu Technology Co Ltd in SEC filings.)

Key Players & Entities

  • Meiwu Technology Co Ltd (company) — Filer of the 20-F report
  • Wunong Net Technology Co Ltd (company) — Former name of Meiwu Technology Co Ltd
  • 20231231 (date) — Fiscal year end date
  • Shenzhen (location) — City of principal executive offices

FAQ

What was Meiwu Technology's former name?

Meiwu Technology Co Ltd was formerly known as Wunong Net Technology Co Ltd, with a name change effective September 11, 2019.

What is Meiwu Technology's primary business sector?

Meiwu Technology Co Ltd operates in the RETAIL-CATALOG & MAIL-ORDER HOUSES sector, with SIC code 5961.

Where are Meiwu Technology's principal executive offices located?

The company's principal executive offices are located at 1602, Building C, Shenye Century Industry, No. 743 Zhoushi Road, Bao'an District, Shenzhen, China.

What is the SEC file number for Meiwu Technology?

The SEC file number for Meiwu Technology Co Ltd is 001-39803.

What period does this 20-F filing cover?

This 20-F filing covers the fiscal year ending December 31, 2023.

Filing Stats: 4,601 words · 18 min read · ~15 pages · Grade level 10.7 · Accepted 2024-07-05 16:15:38

Filing Documents

Item 18

Item 17 Item 18 If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements. Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant's executive officers during the relevant recovery period pursuant to 240.10D-1(b). If this is an annual report, indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes No (APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PAST FIVE YEARS) Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Sections 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court. Yes No INTRODUCTION In this annual report, except where the context otherwise requires and for purposes of this annual report, only: "Antai" refers to Antai Medical Limited, a limited company organized under the laws of Hong Kong and a wholly owned subsidiary of Yuanxing BVI; "BVI" refers to the British Virgin Islands; "Baode" refers to Baode Supply Chain (Shenzhen) Co., Ltd, a limited liability company organized under the laws of China and a majority-owned subsidiary of Meiwu Shenzhen before December 28, 2021; "China" or the "PRC" are to the People's Republic of China, excluding Taiwan for the purposes of this annual report only; "Code Beating" refers to Code Beating (Xiamen) Technology Company Limited, a company organized under the laws of the PRC and a wholly owned subsidiary of Delimond; "Delimond" refers to Delimond Limited, a limited liability company organized under the laws of Hong Kong and a wholly owned subsidiary of Mahao BVI; "Heme

forward-looking statements include, but are not limited to

forward-looking statements include, but are not limited to: our intent to profitably grow our business through our strategic initiatives; our intent to seek additional acquisition opportunities in food products and our expectation regarding competition for acquisitions; our beliefs regarding our competitive strengths and ability to successfully compete in the markets in which we participate; our expectations concerning consumer demand for our products, our future growth opportunities, market share and sales channels; our future operating and financial performance; the accuracy of our estimates and key judgments regarding certain tax matters and accounting valuations; and our belief regarding our ability to comply with environmental, health and other applicable regulatory matters. The forward-looking statements contained in this annual report on Form 20-F are based on assumptions that we have made in light of our management's experience in the industry as well as our perceptions of historical trends, current conditions, expected future developments and other factors that we believe are appropriate under the circumstances. As you read and consider this annual report, you should understand that these statements are not guarantees of performance or results. They involve known and unknown risks, uncertainties and assumptions. Although we believe that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect our actual financial results or results of operations and could cause actual results to differ materially from those in these forward-looking the adverse effects of the COVID-19 pandemic on our business or the market price of our ordinary shares; the loss of any of our executive officers or members of our senior management team or other key employees; the loss of any of our major customers or a decrease in demand for our produc

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