Marwynn Holdings, Inc.
General Information | |
Business: | (Incorporated in Nevada)Marwynn Holdings, Inc. is a holding company with no operations other than holding the shares of its two wholly owned operating subsidiaries, FuAn Enterprise, Inc. (“FuAn”) and Grand Forest Cabinetry Inc (“Grand Forest”), that are in the supply chain business. Through our subsidiaries, we are committed to becoming a leading supply chain company in the U.S. for food, non-alcoholic beverages and indoor home improvement products.Food and Non-Alcoholic BeveragesFuAn is a food and non-alcoholic beverage supply chain company that specializes in connecting businesses between different regions, particularly between Asia and the U.S. FuAn’s comprehensive supply chain services include the sourcing of Asian food, snacks, and non-alcoholic beverages, and distributing branded goods to mainstream markets, grocery stores and wholesale/warehouse clubs in the U.S. In addition, FuAn provides supply chain consulting, and market expansion support for businesses. With a focus on sourcing Asian foods and non-alcoholic beverages, FuAn aims at becoming a leading importer and distributor of Asian foods and non-alcoholic beverages to the U.S. markets.Indoor Home ImprovementGrand Forest is an indoor home improvement supply chain provider that focuses on providing kitchen cabinets, flooring, and home improvement products sourced from international suppliers. Grand Forest strives to bring affordable luxury with both aesthetic and practicality to the living space. We focus on sourcing high-quality products from reliable overseas suppliers and distributing them to customers primarily in the San Francisco Bay Area, as we work to expand our capabilities throughout California and across the U.S. We prioritize customer satisfaction and aim to provide exceptional products and services to enhance the homes of our customers.Note: Net income and revenue are for the 12 months that ended Oct. 31, 2024.(Note: Marwynn Holdings, Inc. is offering 2.0 million shares at a price range of $4.00 to $5.00 to raise $9.0 million, if priced at the $4.50 mid-point of its range, according to its S-1/A filing.)
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Industry: | Asian Food & Non-Alcoholic Beverage Supplier & Home Improvement Products Supplier |
Employees: | 27 |
Founded: | 2016 |
Contact Information | |
Address | 12 Chrysler Unit C Irvine, CA 92618 |
Phone Number | (949)-706-9966 |
Web Address | http://www.fuanus.com/ |
View Prospectus: | Marwynn Holdings, Inc. |
Financial Information | |
Market Cap | $76.52mil |
Revenues | $11.72 mil (last 12 months) |
Net Income | $0.19 mil (last 12 months) |
IPO Profile | |
Symbol | MWYN |
Exchange | NASDAQ |
Shares (millions): | 2.0 |
Price range | $4.00 - $5.00 |
Est. $ Volume | $9.0 mil |
Manager / Joint Managers | American Trust Investment Services |
CO-Managers | |
Expected To Trade: | 3/12/2025 |
Day: | Week of |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |