Chinese factory system provider Tiger Tiger Technology (HUHU.US) is pricing its IPO at $4-6 per share, aiming to raise $6 million.

Huhutech International Group (HUHU.US), which provides high-purity process systems and factory management solutions, announced its IPO terms on Wednesday. The company originally submitted its application in March 2023, but did not meet the minimum market value requirement of 50 million dollars. The company, based in Wuxi, China, plans to issue 1.3 million shares at a price of 4 to 6 dollars per share, raising 6 million dollars. Based on the midpoint of the proposed range, Huhutech International Group's market value will reach 106 million dollars. Huhutech International Group operates through subsidiaries in China and Japan, providing process and control systems as well as factory management solutions to industrial customers, mainly semiconductor and electronics manufacturers. Its core products include high-purity gas and chemical delivery systems, ensuring the delivery of contamination-free gases and chemicals essential to semiconductor production. Huhutech International Group also develops comprehensive factory monitoring solutions, integrating various subsystems for centralized control and management of manufacturing facilities. Founded in 2015, Huhutech International Group had revenue of 17 million dollars in the 12 months ending December 31, 2023. The company plans to list on the Nasdaq under the ticker symbol HUHU. Craft Capital Management is the sole book-running manager for this transaction.