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Meihua International Medical Technologies Priced, Nasdaq: MHUA

Chinese manufacturer of disposable medical products.

Industry: Health Care

Latest Trade: $0.74 +0.02 (+2.9%)

First Day Return: +29.2%

Return from IPO: -92.8%

Industry: Health Care

We are a provider of Class I, II and III disposable medical devices with operating subsidiaries in China. In China, Class I disposable medical devices are those devices with low level of risks and whose safety and effectiveness can be ensured through routine administration. Class II medical devices are those devices with moderate risks that must be strictly controlled and regulated to ensure their safety and effectiveness. Class III medical devices are those devices with relatively high risks that must be strictly controlled and regulated through special measures to ensure their safety and effectiveness. We have Class I, II and III disposable medical devices qualifications, including filing certificates for Class I products and registration certificates for Class II & III products, and disposable medical device production and operation licenses in China. We serve hospitals, pharmacies, medical institutions and medical equipment companies for over 30 years with more than 800 products for domestic sales and 120 products for exports. We sell our products both domestically and internationally. Besides significant domestic sales in China, our export sales are extended to more than 30 countries in continents including Europe, North America, South America, Asia, Africa, and Oceania. Meanwhile, we have established a sound quality assurance system. We have received international “CE” certification and ISO 13485 system certification.
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IPO Data
IPO File Date 08/10/2021
Offer Price $10.00
Price Range $9.00 - $11.00
Offer Shares (mm) 3.6
Deal Size ($mm) $36
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 02/15/2022
Offer Price $10.00
Price Range $9.00 - $11.00
Offer Shares (mm) 3.6
Deal Size ($mm) $36
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Prime Number Capital
Shengang Securities
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Company Data
Headquarters Yangzhou, China
Founded 1990
Employees at IPO 629
Website meihuamed.com

Meihua International Medical Technologies (MHUA) Performance