HUHUTECH International Group Inc.
General Information | |
Business: | We are a holding company. We conduct our operations through our subsidiaries established in the People’s Republic of China, or “PRC” or “China” and Japan. (Incorporated in the Cayman Islands)We, through our subsidiaries, specialize in providing factory facility management and monitoring systems, including high-purity process system (“HPS”) and factory management and control systems (“FMCS”) for our industrial clients, who are mainly semi-conductor manufacturers and electronics manufacturers in China. We believe our products and services are widely used by semi-conductor manufacturers, LED and micro-electronics factories, as well as some pharmaceutical, food and beverage manufacturers.Within the HPS, we provide two types of solutions: (1) High-purity gas conveyor system. The high-purity gas conveyor consists of a specialized gas cabinet, the valve manifold box (“VMB”), the gas monitoring software and gas valve parts. This system is connected to our clients’ own factory equipment, which will receive gas through the system we install. The gas conveyor ensures that the high-purity gas will not be contaminated by being exposed to air, liquid or small particles during the delivery. (2) High-purity chemicals conveyor system. The high-purity chemicals conveyor system conveys multiple chemicals used in the cleaning, corrosion and grinding process. This system consolidates multiple sub-systems including high-purity chemical pipes, valve, chemical sensor, and the chemical monitoring software. With the high-purity chemical conveyor system, we deliver chemicals from the storage container to the client’s manufacture equipment through the distribution valve. Both high-purity gas conveyor system and high-purity chemicals conveyor system are capable of delivering special high purity gas and chemicals in a highly controlled environment that ensures the gas and chemicals meet the purity requirement of our clients’ production process, as well as monitors potential safety issues in the production.Our FMCS solution provides instant and effective monitoring over our clients’ manufacturing process through the control center located in the clients’ factory. The FMCS service monitors the facility production atmosphere, and consolidates sub-systems, including gas monitoring system (GMS), chemical monitoring system (CMS), high and low voltage power distribution, air pressure system, air conditioning system, water system, access control system, elevator system, sewage treatment system, waste gas emission system, pure water system and other systems. Our software is capable of consolidating all the sub-systems by creating a facility-wide software monitoring platform, where one can monitor and control every aspect of the factory condition. Additionally, we also develop individual sub-system for our clients, such as gas monitoring system and chemical monitoring system.We believe that we have grown to be one of the larger companies in the HPS and FMCS industry in China.We are a nationally recognized brand: We received ISO9001 standard quality management system certification in June 2021, from Beijing Zhong Jian Xie Certification Centre Co., Ltd., and received both ISO14001 Standard Environmental Management System Certification and ISO45001 Occupational Health and Safety Management System Certification in April 2021, both from TQCS International (Group) Pty, Ltd.We obtain raw materials mainly from suppliers in mainland China. Our most common raw materials include programmable logic controllers (“PLC”) modules, network switches, power modules, signal lines, control lines, cables, bridges and heating materials.Note: Net income and revenue are in U.S. dollars for the year that ended Dec. 31, 2023.(Note: HUHUTech International filed its F-1 without disclosing the terms of its IPO on March 29, 2023. The estimated proceeds figure is a placeholder figure. Background: The Chinese company submitted confidential IPO documents to the SEC on Oct. 21, 2022.) )
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Industry: | NONFERROUS FOUNDRIES - CASTINGS |
Employees: | 74 |
Founded: | 2015 |
Contact Information | |
Address | 3-1208 Tiananzhihui Compound 228 Linghu Road Xinwu District, Wuxi City, Jiangsu Province People’s Republic of China 214135 |
Phone Number | 0510-88681689 |
Web Address | |
View Prospectus: | HUHUTECH International Group Inc. |
Financial Information | |
Market Cap | |
Revenues | $16.73 mil (last 12 months) |
Net Income | $2.33 mil (last 12 months) |
IPO Profile | |
Symbol | HUHU |
Exchange | NASDAQ |
Shares (millions): | 1.3 |
Price range | $4.00 - $6.00 |
Est. $ Volume | $6.3 mil |
Manager / Joint Managers | Craft Capital Management |
CO-Managers | |
Expected To Trade: | |
Status: | TBA |
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 |