Headquartered in Beijing, China, and established in 2019, Next Technology Holding Inc. delivers comprehensive technical services and innovative solutions, primarily through its social e-commerce platform. The company's operations span Mainland China, Hong Kong, and Singapore, targeting individual and corporate entities within the burgeoning micro-business sector. A cornerstone offering is YCloud, an intelligent cloud-based system specifically engineered for the internationalization needs of micro-enterprises. YCloud integrates multi-channel data analytics, driven by big data insights and social recommendation patterns, to furnish users with AI-powered expansion and administrative systems, alongside robust supply chain management capabilities. Furthermore, it incorporates popular payment gateways like Alipay, WeChat, and UnionPay for seamless transactions. Beyond YCloud, Next Technology Holding Inc. extends its expertise to include advanced ChatGPT technical services, bespoke software development, and overarching system support. The company underwent a name change from WeTrade Group, Inc. to its current designation in April 2024.
Next Technology Holding Inc. Announces Reverse Stock Split
Next Technology Holding will effect a 100-for-1 reverse stock split of its common stock effective August 10, 2026.
The split will reduce outstanding shares from approximately 147.3 million to 1.5 million, with trading continuing under symbol NXTT on the Nasdaq Capital Market.
Transhare Corporation acts as the transfer agent; fractional shares will be rounded up and the new CUSIP number is 961884400.