On February 14, Capital learned that Meihua International Medical, a supplier of disposable medical equipment, is expected to debut on Nasdaq under the ticker "MHUA" on February 16, EST, with an IPO offering range of $9 to $11 and plans to issue 5 million shares.
As of the reporting date, the company has a total of about 920 products, the main products include disposable infusion pumps, anesthetic puncture bags, electronic pumps, general anesthesia bags, catheterization bags, gynecological examination kits, endotracheal intubation, dressings, various tubes and other products. According to the way of sale, there are more than 800 kinds of domestic products and more than 120 kinds of export products.
In 2019 and 2020, Meihua International Medical achieved revenue of US $79.6261 million and US $89.061 million respectively, and net profit of US $15.4312 million and US $19.0453 million respectively.