Wetouch Technology shares rise 10.14% intraday after appointing Yunna Liu as board member and audit committee chair.

Wetouch Technology surged 10.14% intraday after announcing the appointment of Yunna Liu, an audit committee financial expert with over 20 years of auditing and financial management experience, to its board and key committees. Liu, who previously led pre-IPO financial due diligence at Hongkong Succeed Capital and chairs the audit committee at Anhui Zhengxiaowan Catering, was recommended by the nominating and corporate governance committee. Her expertise in regulatory compliance and U.S. listing processes likely boosted investor confidence in Wetouch’s governance and financial stewardship, aligning with the stock’s upward trajectory. The lack of compensation arrangements for her role further reduced perceived conflicts of interest, reinforcing the positive market reaction.