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HUHUTECH International Group Priced, Nasdaq: HUHU

China-based provider of factory facility management and monitoring systems.

Industry: Industrials

Latest Trade: $7.18 0.00 (0.0%)

First Day Return: +2.8%

Return from IPO: +79.5%

We, through HUHU China and HUHU Japan, design and provide customized high-purity gas and chemical production system and equipment. Our products mainly include HPS and FMCS. Our products are customized according to the needs of our clients. The high-purity process system revolves around applying effective control of impurities in the production process. It is mainly used in the core processes of integrated circuit manufacturing in the pan-semiconductor industry, including the processes of doping, photolithography, etching and CVD film formation processes. The system consists of high-purity process system equipment, high-purity process system piping, valve boxes, valve components and monitoring systems. We offer the overall solution design, installation and value-added services such as ancillary engineering, testing, plant hosting, calibration and maintenance. The technology used in this industry involves a variety of basic sciences such as physics, semiconductor physics, physical chemistry and electrochemistry and various engineering disciplines such as chemical, mechanical, materials and surface treatment. The new production lines of domestic fabrication plants (“fabs”) will bring business opportunities for us for the following reason: our high-purity process system covers 16-65nm equipment, and our high-purity process system possesses the essential technology to support equipment that is used to produce 5nm sized wafers; we believe such capacity gives us a comparative advantage in the industry, due to the technical difficulty in supporting equipment producing wafers of that size; such comparative advantage will help us gain more market shares in the industry, which will bring us business opportunities and potential customers.
IPO Data
IPO Date 10/21/2024
Offer Price $4.00
Price Range $4.00 - $6.00
Offer Shares (mm) 1.1
Deal Size ($mm) $4
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Craft Capital Management
D. Boral Capital
Company Data
Headquarters Wuxi, China
Founded 2015
Employees at IPO 74
Website ir.huhutech.com.cn

HUHUTECH International Group (HUHU) Performance

Created with Highcharts 10.3.2Chart context menuHUHU vs. IPO Index (IPOUSA)Oct 28Nov 11Nov 25Dec 9Dec 23Jan 6Jan 20Feb 3Feb 17Mar 3Mar 17Mar 31Apr 14Apr 28May 12May 26Jun 9Jun 23Jul 7-50%0%+ 50%+ 100%View 5 days5dView 1 month1mView 3 months3mView year to dateYTDView 1 year1yView allAllRenaissance IPO IndexHUHUOur ETF tracks the IPO Index