WXM News & Events

WF International announced that the company had received a notification letter from the Nasdaq, notifying the company that it is not currently in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550, because the closing bid price of the company's ordinary shares, par value $0.000001 per share, was below $1.00 per share for a period of 33 consecutive business days from November 6 to December 23.

WF International has been awarded a one-year distribution qualification by Hisense Group, an electronics and appliance manufacturer headquartered in Qingdao, China. Hisense's HVAC division ranks among the top five in China. Hisense Group's HVAC division has manufacturing operations spanning over 160 countries.

WF International announced it has gained official one-year distributor qualification from Qingdao Hi-Sense Hitachi Air-Conditioning Systems Co., the joint venture company of HITACHI, to distribute HITACHI's inverter-driven multi-split central air conditioning systems. The new qualification enhances WF International's ability to deliver high-efficiency, low-carbon HVAC solutions, addressing the growing demand for smart and sustainable building technologies in both residential and commercial markets. This partnership expands WF International's product portfolio with HITACHI's advanced climate control systems, known for their energy efficiency and technological sophistication.

Benchmark and Axiom acted as joint book running managers for the offering.