Newater Technology, Inc.

Newater Technology, Inc.

NEWA
Newater Technology, Inc.US flagNASDAQ Capital Market
4.17
USD
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- -
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
CEO
Yuebiao Li
Full Time Employees
216
Sector
Industrials
Industry
Industrial - Pollution & Treatment Controls
Address
1 Ruida Rd., Laishan District Yantai People's Republic of China 264000
IPO Date
Jul 28, 2017
Website
dtnewa.com
Business
Newater Technology, Inc. Newater Technology, Inc. (NEWA) develops, manufactures, and sells advanced membrane filtration products and engineered systems for wastewater treatment, recycling, and discharge. The company specializes in disk tube reverse osmosis (DTRO) and disk tube nanofiltration (DTNF) membrane filtration products; hardware and integrated solutions for wastewater purification; engineering support, installation, technical services, and project management to convert wastewater into clean water; landfill leachate treatment and purification services; and traditional wastewater solutions including activated carbon and resins. It serves industries such as energy, coal mining, coal chemical, steel coking, garbage and waste, chemicals, municipal sewage, and environmental services, with operations primarily in China and projects extending to global markets. Founded in 2012 and headquartered in Yantai, China, Newater Technology operates as a subsidiary of Crouching Tiger Holding Limited and maintains affiliations with Shandong Energy Group through its operational entity Yantai Jinzheng Eco-Technology Co., Ltd. Recent developments include completion of a going-private merger in July 2021 with Crouching Tiger Holding Limited and Green Forest Holding Limited, resulting in delisting from Nasdaq and transition to private ownership; advancements in smart manufacturing with fully automated DTRO module production lines; innovation in acid-resistant nanofiltration membranes extending into membrane material development; achievement of plug-and-play standardized equipment for rapid deployment in large-scale and emergency projects; and upgrades to R&D facilities in 2023-2024, positioning it as an industry benchmark for high-difficulty wastewater processes like zero-liquid discharge in coal mine water and high-salinity coal chemical wastewater.

Company News

APIChatGPT
  • NEWA Stock Increases Over 14% Pre-Market: Why It Happened

  • Newater Technology, Inc. Announces the Discharge of Injunction Against its Going Private Transaction

  • Newater Technology, Inc. Announces Year 2020 Audited Financial Results

  • Newater Technology, Inc. Files Response to Lawsuit by Fulcan Capital Partners LLC

  • Newater Technology, Inc. Announces its Postponement of Extraordinary General Meeting of the Shareholders of the Company

  • Newater Technology, Inc. confirms its Independent Committee's rejection of unsolicited acquisition proposal from Fulcan Capital Partners LLC

  • Newater Technology, Inc. to Hold Extraordinary General Meeting of Shareholders

  • Newater Technology, Inc. Announces Half Year 2020 Unaudited Financial Results

  • Newater Technology, Inc. Provides Update on its "Going Private" Transaction

  • Newater Technology, Inc. Announces Rescheduled Date for its Annual Meeting of Stockholders now to be held on December 29, 2020