Research analysts covering UTime.
Recent press releases and 8-K filings for WTO.
UTime Subsidiary Secures Major Smart Health Device Order for North American Market
WTO
New Projects/Investments
Product Launch
Revenue Acceleration/Inflection
- UTime Limited's Hong Kong subsidiary, UTime Technology (HK) Company Limited, secured a procurement agreement with Tumu Vertex LLC for nearly $10 million USD.
- The agreement includes an initial purchase order for 50,000 premium smart health devices, comprising various blood pressure watches and ECG smart rings.
- This order represents a crucial step in UTime's strategic expansion into the North American medical-grade smart wearable market.
- The first batch of products is scheduled for delivery in the first quarter of 2026.
Dec 31, 2025, 8:50 PM
UTime Announces 1-for-100 Reverse Stock Split
WTO
Delisting/Listing Issues
- UTime Limited announced a 1-for-100 reverse stock split of its Class A ordinary shares, effective 12:01 a.m. Eastern Time on November 21, 2025.
- The reverse split is intended to increase the per-share trading price to help the company regain compliance with Nasdaq's minimum bid price requirement.
- Shareholders approved the share consolidation on November 10, 2025.
- No fractional shares will be issued; any fractional shares will be rounded up to the nearest whole share.
Nov 12, 2025, 9:10 PM
UTime Limited Announces Reverse Stock Split
WTO
Delisting/Listing Issues
- UTime Limited (Nasdaq: WTO) announced a 1-for-100 reverse stock split of its common shares.
- The reverse stock split will be effective at 12:01 a.m. Eastern Time on November 21, 2025, with split-adjusted trading beginning at market open on the same day.
- The company intends for the split to increase its per-share trading price to regain compliance with Nasdaq’s minimum bid price requirement.
- Any fractional shares resulting from the adjustment will be rounded up to the nearest whole share.
Nov 12, 2025, 9:10 PM
UTime Limited Launches Smartwatch with Integrated Blood Pressure Monitoring
WTO
Product Launch
New Projects/Investments
- UTime Limited announced the launch of a smartwatch with integrated blood pressure monitoring functionality on October 28, 2025, expanding its product portfolio in the health technology sector.
- The new smartwatch utilizes the Oscillo metric method with a micro air pump and high-precision pressure sensor for blood pressure monitoring and has obtained the China NMPA Class II Medical Device Registration Certificate.
- In addition to blood pressure monitoring, the device provides multi-dimensional health data references including heart rate, blood oxygen saturation, sleep analysis, and multiple sports modes.
Oct 28, 2025, 1:45 PM
UTime Limited Reaffirms Current Leadership and Board Composition
WTO
CEO Change
Board Change
Legal Proceedings
- UTime Limited (NASDAQ: WTO) issued a statement on September 11, 2025, to clarify that its management and board composition remain unchanged, refuting fraudulent press releases and 6-K filings that claimed leadership resignations and replacements.
- The company explicitly stated that Mr. Hengcong Qiu remains the Chief Executive Officer, Chief Financial Officer, and Chairman of the Board, and has not resigned. The Board of Directors, consisting of Messrs. Minfei Bao, Hengcong Qiu, Xiaoqian Jia, Hailin Xie, and Yanzhi Wang, also remains unchanged.
- UTime Limited believes a former employee is responsible for these deliberate attempts to interfere with the company's business operations and management, and has taken actions including notifying the SEC and proper authorities.
- The company regained access to its SEC Edgar filing codes on October 9, 2025, after an unauthorized individual had taken control of them and blocked the company's officers and filing agent.
Oct 9, 2025, 9:16 PM
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