Meihua International Medical Technologies
General Information | |
Business: | We provide disposable medical devices (Class I, Class II and Class III) to hospitals, pharmacies and medical institutions in China as well as in more than 30 countries in Asia, Europe, North America and South America, and Africa. (Incorporated in the Cayman Islands) Products range from ID bracelets, masks and medical dressings to polyethylene bottled products, such as eye drop bottles and tablet bottles, to high-end medical consumables and medical equipment such as blood glucose meters, cardiovascular equipment and abdominal cardiopulmonary resuscitation equipment. (Note: Meihua International Medical Technologies downsized its IPO at pricing on February. 15, 2022, to 3.6 million shares, down from 5.0 million in the prospectus, and priced the IPO at $10 – the mid-point of its $9-to-$11 range – to raise $36 million.)
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Industry: | Disposable medical devices |
Employees: | 629 |
Founded: | 1990 |
Contact Information | |
Address | 88 Tongda Road, Touqiao Town Guangling District, Yangzhou, 225000 People’s Republic of China |
Phone Number | +86-0514-89800199 |
Web Address | |
View Prospectus: | Meihua International Medical Technologies |
Financial Information | |
Market Cap | $250.0mil |
Revenues | $94.0 mil (last 12 months) |
Net Income | $17.94 mil (last 12 months) |
IPO Profile | |
Symbol | MHUA |
Exchange | NASDAQ |
Shares (millions): | 3.6 |
Price range | $10.00 - $10.00 |
Est. $ Volume | $36.0 mil |
Manager / Joint Managers | Prime Number Capital/ Shengang Securities |
CO-Managers | Revere Securities/ R.F. Lafferty & Co. |
Expected To Trade: | 2/16/2022 |
Status: | Priced |
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 |