CHENGDU, China, Oct. 19, 2026 (GLOBE NEWSWIRE) -- WeTouch Technology Inc. (NASDAQ: WETH) ("WeTouch" or the "Company"), a developer and manufacturer of advanced touch display solutions, today announced that it has entered into a strategic cooperation agreement with Hefei Aoweixun Electronic Technology Co., Ltd. ("Aoweixun"), a China-based robotics technology company and an established supplier to one of China's top robotics companies, to jointly develop next-generation touch sensing, human-machine interaction and intelligent interface solutions for robotic systems.

The collaboration represents an important step in WeTouch's strategy to expand beyond its traditional touch display business into the emerging markets for artificial intelligence (AI) robotics, intelligent hardware and smart elderly care solutions. By integrating WeTouch's established touch technology capabilities with Aoweixun's expertise in robotic systems, motion control and intelligent algorithms, the companies intend to develop commercially applicable technologies and products for a broad range of robotic applications.

Strategic Expansion into China's Smart Elderly Care Market

An important strategic objective of the partnership is to explore opportunities in China's rapidly expanding elderly care market, supported by a population of more than 300 million people aged 60 and above.

China's silver economy, encompassing elderly care services, healthcare-related products, assistive technologies and intelligent devices, represents a substantial long-term market opportunity. Industry estimates have placed the market at approximately RMB 7 trillion (US$1 trillion), with projections suggesting it could reach approximately RMB 30 trillion (over US$4 trillion) by 2035. WeTouch intends to capitalize on this growing market by combining its established touch technology capabilities with Aoweixun's robotics expertise to develop intelligent interaction solutions for AI-powered elderly care robots and related devices, creating potential new product lines and revenue opportunities.

As demographic changes increase demand for elderly care services, AI-enabled service robots and intelligent monitoring and assistance technologies are expected to play an increasingly important role in residential care facilities, community-based elderly care centers, healthcare support environments and other service settings.

WeTouch and Aoweixun intend to explore the development of intelligent robotic interaction solutions specifically designed for elderly care applications, including:

- User-friendly touch interfaces that enable older adults to interact more easily with intelligent robotic devices.
- AI-enabled service robot interfaces supporting daily assistance, information access and communication.
- Interactive robotic systems designed to facilitate connections among older adults, caregivers, family members and service providers.
- Intelligent sensing and human-machine interaction technologies that may be incorporated into future elderly care and assistive robotic products.

Through these initiatives, WeTouch aims to position its touch and interaction technologies as enabling components within the developing smart elderly care robotics ecosystem.

The Company believes this market could create additional demand for specialized touch displays, tactile sensing components, intelligent control modules and integrated human-machine interaction systems.

Building New Revenue Opportunities Beyond Traditional Touch Displays

The strategic cooperation is designed to establish a pathway for WeTouch to participate in the broader AI robotics value chain.

Rather than limiting its role to supplying conventional touchscreens, WeTouch intends to explore higher-value products and solutions that combine touch sensing, interactive displays, intelligent control and robotics-oriented interface design.

The companies also plan to collaborate on product development, supply chain coordination, customer engagement and commercialization opportunities. Under the agreement, WeTouch is expected to provide touch display technology, manufacturing and supply chain support, while Aoweixun will contribute robotic system design, motion control and intelligent algorithm capabilities.

The parties have also agreed to explore joint market development opportunities and potential additional forms of strategic cooperation.

WeTouch believes the partnership may provide a foundation for future business expansion across several emerging markets, including AI-powered elderly care robots, commercial service robots, industrial automation equipment and intelligent connected devices.

The Company expects to pursue these opportunities through phased product development, application testing, customer validation and potential commercialization, subject to technical feasibility and market demand.

About WeTouch Technology Inc.

WeTouch Technology Inc. is a global provider of medium- to large-sized projected capacitive touchscreens and touch display solutions. The Company's products are used in a broad range of applications, including automotive, industrial control, point-of-sale terminals, gaming and lottery equipment, medical devices, multifunction printers and other specialized human-machine interface applications. Building on its core touch display component business, WeTouch is committed to expanding its integrated touch display modules, professional solutions and intelligent hardware applications, and plans to leverage its touch display, human-machine interface and manufacturing capabilities to pursue robotics-related applications and opportunities across the robotics value chain.

For additional information, please visit the Company's website.

About Hefei Aoweixun Electronic Technology Co., Ltd.

Hefei Aoweixun Electronic Technology Co., Ltd. is a China-based technology company specializing in robotics-related technologies, equipment and intelligent systems. Aoweixun is an established supplier to one of China's top robotics companies. Its expertise in robotic systems, motion control and intelligent technologies complements WeTouch's touch sensing and human-machine interface capabilities, supporting the joint development of intelligent robotic solutions for industrial, commercial and elderly care applications.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “target,” “going forward,” “outlook,” “objective” and similar terms. Such statements are based upon management’s current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and beyond WeTouch’s control, which may cause WeTouch’s actual results, performance or achievements to differ materially and adversely from anticipated results contained or implied in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in WeTouch’s filings with the U.S. Securities and Exchange Commission, which are available at www.sec.gov. WeTouch does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.

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