ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Webus International Issues Clarification on Prior Announcement Regarding Cooperation with Air China

HANGZHOU, China, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Webus International Limited (NASDAQ: WETO) (“Webus” or the “Company”), a leading provider of premium mobility and travel services worldwide, today issued the following clarification regarding its prior press release titled “WETO Signs Strategic Partnership with Air China.”

The Company acknowledges that the wording of its prior announcement may have led to misunderstandings and wishes to further clarify the cooperation in order to correct any confusion or inconvenience this may have caused investors or partners.

To clarify: On August 19, 2025, the Company’s wholly owned PRC subsidiary, Zhejiang Youba Technology Co., Ltd., entered into a Preferential Cooperation Agreement on Airport Pick-up/Drop-off Services for Air China Passengers with Air China’s Hangzhou Branch Office (the “Agreement”). The scope of this Agreement is limited solely to offering passengers holding valid Air China ticket numbers (beginning with 999) discounted Wetour-brand chauffeur and transfer services at Hangzhou Xiaoshan International Airport. The Company has no broader cooperation with Air China or any other branch offices beyond this specific arrangement.

References in the prior release to a “strategic partnership” were not intended to suggest a broader cooperation outside of the scope described above.

Forward-Looking Statements

This press release may contain forward-looking statements, including, among others, statements regarding the Company’s future business development plans, potential partnership opportunities, and anticipated benefits of the cooperation with Air China. Forward-looking statements involve risks and uncertainties that may cause actual results to differ materially from those expressed or implied. These risks and uncertainties include, but are not limited to, changes in market conditions, regulatory developments, technology integration timelines, and business execution. Additional risks are discussed in the Company’s filings with the U.S. Securities and Exchange Commission (the “SEC”), available at www.sec.gov. The Company undertakes no obligation to update or revise forward-looking statements to reflect subsequent events or circumstances, except as required by law. This press release does not constitute an offer to sell, or the solicitation of an offer to buy, any security or digital asset.

Investor Relations Contact:
Annabelle Li
Investor Relations – Webus International Limited
Email: ir.annabelle@webus.vip


Primary Logo

Recent Quotes

View More
Symbol Price Change (%)
AMZN  246.40
+23.54 (10.56%)
AAPL  271.51
+0.11 (0.04%)
AMD  256.77
+1.93 (0.76%)
BAC  53.34
+0.31 (0.59%)
GOOG  280.43
-1.47 (-0.52%)
META  649.97
-16.50 (-2.48%)
MSFT  517.83
-7.93 (-1.51%)
NVDA  203.88
+0.99 (0.49%)
ORCL  261.19
+4.30 (1.67%)
TSLA  453.06
+12.95 (2.94%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.