Huadi International Group Co., Ltd. manufactures and sells industrial stainless steel seamless pipes and tubes in the People's Republic of China. The company's products are used in the oil and gas transmission, chemistry engineering, food processing, medical devices, aeronautics and astronautics, boiler, irrigation works construction, electricity, automobile, naval architecture, paper mill, and mechanical industries. It also exports its products to 20 countries, including the United States, Mexico, Thailand, Australia, Argentina, India, the Philippines, the United Arab Emirates, Taiwan, Canada, and internationally. The company was founded in 1992 and is based in Wenzhou, the People's Republic of China.
IPO Year: 2021
Exchange: NASDAQ
Website: huadi.cc
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BEIJING, Feb. 6, 2024 /PRNewswire/ -- Huadi International Group Co., Ltd. ("HUDI" or the "Company") (NASDAQ:HUDI), a leading developer and manufacturer of industrial stainless steel seamless pipes and tubes products in China, today announced its financial results for the fiscal year ended September 30, 2023. Financial Highlights for the Fiscal Year 2023 For the Fiscal Years Ended September 30 (in $ millions, except earnings per share; differences due to rounding) 2023 2022 % Change Revenue $ 84.33 $ 76.37 10.42 % Gross profit 12.36 11.14 10.96 % Gross profit margin 14.65 % 14.91 % (0.26) percentage points Net income 3.30 1.95 69.16 % Net earnings per share – Basic and Diluted 0.23 0.15 53.
SC 13G/A - Huadi International Group Co., Ltd. (0001791725) (Subject)
SC 13G - Huadi International Group Co., Ltd. (0001791725) (Subject)
SC 13G - Huadi International Group Co., Ltd. (0001791725) (Subject)
SC 13G - Huadi International Group Co., Ltd. (0001791725) (Subject)
SC 13G - Huadi International Group Co., Ltd. (0001791725) (Subject)
WENZHOU, Sept. 01, 2023 (GLOBE NEWSWIRE) -- Huadi International Group Co., Ltd. ("HUDI" or the "Company") (NASDAQ:HUDI), a leading developer and manufacturer of industrial stainless steel seamless pipes and tubes products in China, today announced the results of the Company's 2023 Annual General Meeting of Shareholders (the "Annual Meeting") held at one of its executive offices at No. 1688 Tianzhong Street, Longwan District, Wenzhou, Zhejiang Province, People's Republic of China. At the Annual Meeting, Huadi International Group Co., Ltd.'s shareholders: Elected five directors, each to serve a term expiring at the Annual Meeting of Shareholders in 2024 or until their successors are duly e
BEIJING, Sept. 23, 2022 (GLOBE NEWSWIRE) -- Huadi International Group Co., Ltd. ("HUDI" or the "Company") (NASDAQ:HUDI), a leading developer and manufacturer of industrial stainless steel seamless pipes and tubes products in China, today announced the results of the Company's 2022 Annual General Meeting of Shareholders (the "Annual Meeting") held at one of its executive offices at No. 1688 Tianzhong Street, Longwan District, Wenzhou, Zhejiang Province, People's Republic of China. At the Annual Meeting, Huadi International Group Co., Ltd.'s shareholders: Elected five directors, each to serve a term expiring at the Annual Meeting of Shareholders in 2023 or until their successors ar
BEIJING, Feb. 6, 2024 /PRNewswire/ -- Huadi International Group Co., Ltd. ("HUDI" or the "Company") (NASDAQ:HUDI), a leading developer and manufacturer of industrial stainless steel seamless pipes and tubes products in China, today announced its financial results for the fiscal year ended September 30, 2023. Financial Highlights for the Fiscal Year 2023 For the Fiscal Years Ended September 30 (in $ millions, except earnings per share; differences due to rounding) 2023 2022 % Change Revenue $ 84.33 $ 76.37 10.42 % Gross profit 12.36 11.14 10.96 % Gross profit margin 14.65 % 14.91 % (0.26) percentage points Net income 3.30 1.95 69.16 % Net earnings per share – Basic and Diluted 0.23 0.15 53.
BEIJING, Sept. 6, 2023 /PRNewswire/ -- Huadi International Group Co., Ltd. ("HUDI" or the "Company") (NASDAQ:HUDI), a leading developer and manufacturer of industrial stainless steel seamless pipes and tubes products in China, today announced its financial results for the first six months of fiscal year 2023. Financial Highlights for the First Six Months of Fiscal Year 2023 For the Six Months Ended March 31 (in $ millions, except earnings per share; differences due to rounding) 2023 2022 % Change Sales $ 38.0 $ 36.8 3.2 % Gross profit 5.7 5.9 (3.6 %) Gross margin 15.1 % 16.2 % (1.1 percentagepoints) Operating Income 1.5 0.7 122.0 % Net income 1.5 (0.0) (15,991.7 %) Net earnings per sh
WENZHOU, Sept. 01, 2023 (GLOBE NEWSWIRE) -- Huadi International Group Co., Ltd. ("HUDI" or the "Company") (NASDAQ:HUDI), a leading developer and manufacturer of industrial stainless steel seamless pipes and tubes products in China, today announced the results of the Company's 2023 Annual General Meeting of Shareholders (the "Annual Meeting") held at one of its executive offices at No. 1688 Tianzhong Street, Longwan District, Wenzhou, Zhejiang Province, People's Republic of China. At the Annual Meeting, Huadi International Group Co., Ltd.'s shareholders: Elected five directors, each to serve a term expiring at the Annual Meeting of Shareholders in 2024 or until their successors are duly e
WENZHOU, July 05, 2023 (GLOBE NEWSWIRE) -- Huadi International Group Co., Ltd. ("HUDI" or the "Company") (NASDAQ:HUDI), a leading developer and manufacturer of industrial stainless steel seamless pipes and tubes products in China, today announced that Huadi (Songyang) Co., Ltd. ("Huadi Songyang"), a wholly-owned subsidiary of the Company, has entered into an investment agreement (the "Agreement") with Songyang County Economic Development and Investment Group Co., Ltd. ("Songyang Group"), a Songyang County local government owned enterprise in Zhejiang Province. The Agreement aims to start an advanced "Future Factory" construction project in the Chishou Industrial Zone of southwestern Zhejia
BEIJING, Feb. 15, 2023 (GLOBE NEWSWIRE) -- Huadi International Group Co., Ltd. ("HUDI" or the "Company") (NASDAQ:HUDI), a leading developer and manufacturer of industrial stainless steel seamless pipes and tubes products in China, today announced its financial results for the fiscal year ended September 30, 2022. Financial Highlights for the Fiscal Year 2022 For the Fiscal Years Ended September 30 (in $ millions, except earnings per share; differences due to rounding) 2022 2021 % ChangeSales $76.4 $70.3 8.7%Gross profit 11.1 11.3 1.6%Gross margin 14.9% 16.1% (1.2 percentage points)Net income 1.9 2.6 (23.8%)Net earnings per share – Basic and Diluted 0.15 0.21
BEIJING, Jan. 19, 2023 (GLOBE NEWSWIRE) -- Huadi International Group Co., Ltd. ("HUDI" or the "Company") (NASDAQ:HUDI), a leading developer and manufacturer of industrial stainless steel seamless pipes and tubes products in China, today announced that the Company has entered into strategic partnership agreement (the "Agreement") with China Huanqiu Contracting & Engineering Co., Ltd. ("Huanqiu"), a construction contractor of China National Petroleum Corporation ("CNPC"), the world's third largest oil and gas company. HUDI has been awarded and nominated as Huanqiu's first-tier supplier of stainless steel seamless pipes and tubes. Pursuant to the Agreement, HUDI will supply stainless steel
BEIJING, Dec. 13, 2022 (GLOBE NEWSWIRE) -- Huadi International Group Co., Ltd. ("HUDI" or the "Company") (NASDAQ:HUDI), a leading developer and manufacturer of industrial stainless steel seamless pipes and tubes products in China, today announced the Company has been named as the Chief Executive Entity of Wenzhou the Belt and Road Enterprise Development Association (the "Association"). HUDI's director Jueqin Wang was also appointed as an executive president of the Association for a five-year term. The Association, which is in compliance with the relevant laws, regulations and provisions as a not-for-profit organization, was voluntarily formed by Wenzhou-based overseas Chinese, Hong Kong
BEIJING, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Huadi International Group Co., Ltd. ("HUDI" or the "Company") (NASDAQ:HUDI), a leading developer and manufacturer of industrial stainless steel seamless pipes and tubes products in China, made its debut at the 24th China Hi-Tech Fair ("CHTF") hosted in Shenzhen between November 15 and 17, 2022. The Company has also been awarded 2022 Green Low-Carbon Factory by Wenzhou Bureau of Economy and Information Technology. CHTF is co-hosted by Ministries and Commissions of China national government and Shenzhen Municipal government. The exhibition is one of the largest and most influential scientific and technological fairs in China that integrates t
BEIJING, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Huadi International Group Co., Ltd. ("HUDI" or the "Company") (NASDAQ:HUDI), a leading developer and manufacturer of industrial stainless steel seamless pipes and tubes products in China, today announced the closing of its previously announced registered direct offering with two institutional investors, raising approximately US$25 million in gross proceeds, before deducting placement agent fees and other estimated offering expenses. The offering consists of the sale of 1 million ordinary shares in a registered direct offering, at a purchase price of $25.00 per ordinary share. The Company plans to use the net proceeds for general working capital
BEIJING, Nov. 07, 2022 (GLOBE NEWSWIRE) -- Huadi International Group Co., Ltd. ("HUDI" or the "Company") (NASDAQ:HUDI), a leading developer and manufacturer of industrial stainless steel seamless pipes and tubes products in China, today announced that it has entered into a securities purchase agreement with two institutional investors for a registered direct offering of $25 million of its ordinary shares, before payment of commissions and expenses. The offering is expected to close on or about November 9, 2022, subject to the satisfaction of customary closing conditions. The offering consists of the sale of 1 million ordinary shares in a registered direct offering, at a purchase pri
6-K - Huadi International Group Co., Ltd. (0001791725) (Filer)
20-F - Huadi International Group Co., Ltd. (0001791725) (Filer)
NT 20-F - Huadi International Group Co., Ltd. (0001791725) (Filer)
6-K - Huadi International Group Co., Ltd. (0001791725) (Filer)
6-K - Huadi International Group Co., Ltd. (0001791725) (Filer)
6-K - Huadi International Group Co., Ltd. (0001791725) (Filer)
6-K - Huadi International Group Co., Ltd. (0001791725) (Filer)
6-K - Huadi International Group Co., Ltd. (0001791725) (Filer)
20-F/A - Huadi International Group Co., Ltd. (0001791725) (Filer)
20-F - Huadi International Group Co., Ltd. (0001791725) (Filer)
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Financial Highlights for the First Six Months of Fiscal Year 2023 For the Six Months Ended March 31 (in $ millions, except earnings per share; differences due to rounding) 2023 2022 % Change Sales $ 38.0 $ 36.8 3.2 % Gross profit 5.7 5.9 (3.6 %) Gross margin 15.1 %
Huadi International Group Co., Ltd. ("HUDI" or the "Company") (NASDAQ:HUDI), a leading developer and manufacturer of industrial stainless steel seamless pipes and tubes products in China, today announced that Huadi (Songyang) Co., Ltd. ("Huadi Songyang"), a wholly-owned subsidiary of the Company, has entered into an investment agreement (the "Agreement") with Songyang County Economic Development and Investment Group Co., Ltd. ("Songyang Group"), a Songyang County local government owned enterprise in Zhejiang Province. The Agreement aims to start an advanced "Future Factory" construction project in the Chishou Industrial Zone of southwestern Zhejiang Province, China. Puruant to the Agreeme
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