Wetouch Technology manufactures medium- to large-sized projected capacitive touchscreens, ranging from 7 to 42 inches, for industrial and commercial applications. Wetouch's touchscreens serve as the interface layer in equipment across automotive infotainment, industrial control panels, ATMs and banking terminals, POS systems, gaming and lottery machines, medical devices, and multifunction printers. Wetouch operates through its China-based manufacturing subsidiary, Sichuan Vtouch, and produces entirely on a made-to-order basis, which limits finished goods inventory risk. Wetouch sells directly to OEM equipment manufacturers without distributors, and its top five customers collectively account for over 80% of revenue. Wetouch maintains multi-year framework agreements with these key accounts, which include minimum annual purchase commitments. Domestic China sales represent roughly 69% of revenue, with the remainder coming from Taiwan, South Korea, Germany, and other markets. By product type, GG (Glass-Glass) structures account for roughly 52% of revenue, used primarily in automotive, POS, and financial terminals, while GFF (Glass-Film-Film) structures account for roughly 42%, used in financial, gaming, and medical applications. Wetouch argues its products command a premium over commodity small-screen touchscreens because industrial customers require longer product lifespans, stricter durability standards, and reliable supplier relationships. The company's cost structure is manufacturing-intensive, with raw materials as the primary cost driver.
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