Research analysts covering Meihua International Medical Technologies.
Recent press releases and 8-K filings for MHUA.
Meihua International Medical Technologies Co., Ltd. Enters into Private Placement
MHUA
- Meihua International Medical Technologies Co., Ltd. entered into a securities purchase agreement on October 8, 2025, for a private placement.
- The company agreed to sell up to 40,000,000 ordinary shares at a purchase price of $0.38 per share, for gross proceeds of $15.2 million.
- The net proceeds from the offering are intended for working capital and general corporate purposes.
- The shares were issued to "non-U.S. Persons" in reliance on the exemption from registration provided by Regulation S under the Securities Act of 1933.
- As of the date of the agreement, the number of total Class A Ordinary Shares issued and outstanding was 31,904,468.
Oct 14, 2025, 9:00 PM
Meihua International Medical Technologies Reports Q2 2025 Financial Results
MHUA
Earnings
Demand Weakening
- Meihua International Medical Technologies Co., Ltd. reported a 16.2% decrease in total revenues to $37.98 million for the six months ended June 30, 2025, down from $45.34 million in the prior year, primarily due to a decline in customer demand.
- Net income for the six months ended June 30, 2025, decreased by 33.0% to $3.15 million, compared to $4.71 million in the same period of 2024, mainly due to a decrease in gross profit and an increase in expected credit loss.
- Gross profit for the six months ended June 30, 2025, was $12.61 million, representing a 16.9% decrease from $15.19 million in the prior year, with the gross profit margin declining from 33.5% to 33.2%.
- The company experienced net cash used in operating activities of $9.9 million for the six months ended June 30, 2025, a shift from net cash provided of $1.0 million in the corresponding period of 2024.
Sep 18, 2025, 9:00 PM
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