Huadi International Group Co., Ltd. - Ordinary Shares (HUDI)

Huadi International Group Co., Ltd. (NASDAQ: HUDI) is one of today’s top gainers. The company’s shares are currently up 27.11% on the day to $3.47.

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.

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.

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.

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.

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.

BEIJING, Nov. 03, 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 its strategic plan to enter into clean energy industry. The Company has initiated discussion with a local government in Sichuan province, China and plans to invest and construct local production base for anode materials, which are core to the development of clean energy batteries and storage technologies.

On February 2, 2022, NASDAQ:HUDI announced its financial results for the financial year ended September 30, 2021.

On February 2, 2022, NASDAQ: HUDI, which specializes in the production of stainless steel seamless tubes and stainless steel rods of various materials, released its audited financial report for fiscal year 2021 in Wenzhou, China.

On February 2, 2022, HUDI International (NASDAQ: HUDI) in Wenzhou, China, released its financial report for fiscal year 2021.

On February 2, 2022, Huadi International (NASDAQ:HUDI) announced the year ending 2021 financial report for the financial year ended in September 30. According to the report, in fiscal 2021, Huadi International's operating income rose by 18.79% to $70.25 million; gross profit rose by 6.15% , which grew to $11.32 million. Among them, in the top five international markets, China's sales accounted for 81.22%, the United States market sales accounted for 8.78%, India sales accounted for 6.41%, Australia sales accounted for 0.84%, Swiss sales accounted for more 0.79%, other markets accounted for 1.96%. International sales increased by 44.2% compared to FY2020.