In the past year, HUHUTECH International Group earned $16.7 million in revenue and $2.3 million in net income, with a market cap of $106 million.
Craft Capital Management and EF Hutton were the underwriters for the IPO.
HUHUTECH International Group provides factory management and control systems primarily for semiconductor and electronics manufacturers in China and Japan. They focus on high-purity gas and chemical conveyor systems, which ensure that these materials remain uncontaminated during delivery to production equipment. Their Factory Management Control System (FMCS) monitors all aspects of the manufacturing environment through various sub-systems, like gas and chemical monitoring.
The company, founded in 2015, has 74 employees and is based in Wuxi City, China. It plans to raise $6.25 million by offering 1.25 million shares priced between $4.00 to $6.00 in its IPO.
For contact, call 0510-88681689.
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