10 August Chinese supplier of disposable medical products Meihua International Medical Technologies filed an application with the Securities and Exchange Commission for raising up to 69 million dollars.
Chinese company Meihua International Medical Technologies files for IPO
Meihua International is a supplier of disposable medical products I, II and III classes. The company's clients are hospitals, Pharmacy, medical institutions and medical device companies in China and more than 30 European countries, North and South America, Asia, Africa and Oceania. Meihua produces over 800 products for sale in the domestic market and 120 - for export.
The company is headquartered in Yangzhou, China, was founded in 1990 year, and for 12 Months, ended 31 December 2020 of the year, the volume of its sales amounted to 89 million dollars. The company plans to list on the stock exchange Nasdaq, но еще не выбрала ticker (preliminary ticker: MHUA.RC). Company Meihua International Medical Technologies filed a confidential application 31 December 2020 of the year. Prime Number Capital and Shengang Securities were joint organizers of the share issue. Terms of the upcoming IPO are not disclosed.
