Meihua International Medical Technologies Co., Ltd. Overview
Pro stress-test →Meihua International Medical Technologies is a holding company mainly engaged in the research, development, manufacturing and sales of Class I, Class II and Class III disposable medical devices. The company serves hospitals, pharmacies, medical institutions, and medical equipment companies across China and international markets. Founded in 1991 and headquartered in Yangzhou, China, the company pivoted into healthcare software as of July 2025 while maintaining its core medical devices business.
Strategic Profile
Pro stress-test →The company's class A ordinary shares were suspended from Nasdaq in December 2025 and moved to OTC trading under symbol "MHUAF" after a Nasdaq Hearings Panel denied reinstatement on February 24, 2026. Since July 2025, the company launched a SaaS business through U.S. subsidiary Meihua Future Manufacturing Limited, focusing on medical registration and clinic information systems for North America, Hong Kong, and Southeast Asia. The SaaS segment contributed about 2.6% of total revenue for the year ended December 31, 2025 and remains in an early stage.
Competitive Landscape
Pro stress-test →Meihua competes in the global disposable medical devices market across multiple regulatory classes, offering examination gloves, medical masks, anesthesia kits, infusion pumps, and urethral catheterization kits. Core competitors include large multinational medical device manufacturers (Medtronic, Stryker, B. Braun) and regional disposable medical device suppliers. The emerging SaaS segment targets clinic information systems, competing with healthcare IT vendors and vertical SaaS platforms serving small-to-mid-size practices.
Industry Context
Meihua International Medical Technologies Co., Ltd. operates in Disposable medical devices manufacturing.
Key facts
Founded: 1991 · Headquarters: Yangzhou, China · Revenue: $96.91M (2024) · Market cap: $3.95M