WeTrade Group(WETG) Newsfilter·2024-01-31 10:29Core Viewpoint - WeTrade Group Inc. and Beijing YueShang Digital Technology Group Co., Ltd. have jointly declared that the announcement regarding the sale of their companies is false, and they will pursue legal action against WeTrade Group Inc. for economic compensation [1] Group 1: WeTrade Information Technology Limited - WeTrade Information Technology Limited is a technology research and development company focused on the WTPay business of WeTrade Group Inc., with its core product VCard covering 15 countries globally [2] - The company is also a significant partner in Ping An Bank's financial business [2] Group 2: Beijing YueShang Digital Technology Group Co., Ltd. - Beijing YueShang Digital Technology Group Co., Ltd. operates in various sectors including YCloud, Y-Health, and YG [3][4] - YCloud provides a micro business cloud intelligent system aimed at enhancing user marketing relationships and profit management through advanced technology and big data analysis, leading in the domestic micro commerce industry [3] - Y-Health focuses on global public health, particularly in testing, epidemic prevention, daily health, and traditional Chinese medicine, with investments in Jiqing Biotechnology and partnerships with several healthcare companies [4] - YG offers tools and technical support for the digital new energy industry in the Middle East and Central Asia, collaborating with multiple domestic new energy enterprises [4]