Weekly Observation on US stocks IPO

IPO_Focus
2023-02-21

1-IPOs on Last Week:

2-IPOs in This Week

3-IPOs Recently Filed

  • Content Deletion Service Provider $EALIXIR INC.(EAXR)$
  • $Bionexus Gene Lab Corp.(BGLC)$ , supplier of raw materials and blood tests
  • Harden Technologies (HARD), a Chinese manufacturer of solid waste treatment equipment
  • Medical Products Company Medical IndusTries of the Americas (IAMR)
  • North American oil and gas exploration and production company Alpha Energy, Inc. (APHE)
  • Chinese nonwovens manufacturer Earntz Healthcare Products (ETZ)
  • Healthy Green Group Holding (HGRN), a large organic health food specialty store in Hong Kong
  • Jayud Global Logistics (JYD), a provider of cross-border logistics services and supply chain solutions in China
  • Famous retailer brands in Hong Kong sell natural and organic food Lvkang Group/Diandianlv

I. Mask manufacturer Yingzi submits prospectus

Earntz Healthcare Products, Inc., the substantial controlling shareholder of Shanghai Yingzi Nonwovens Co., Ltd., a manufacturer of nonwovens and non-surgical masks in Shanghai, filed in the United States.

The company mainly produces and sells non-woven fabrics and related products (such as disposable non-surgical masks and eye masks), and is developing personal care products (including adult diapers and sanitary napkins for women).

In the past six months of 2020, 2021 and 2022, the company's revenue was 46.9012 million US dollars, 17.5071 million US dollars and 5.4178 million US dollars respectively, and the corresponding net profit was 10.0784 million US dollars,-2.9248 million US dollars and-3897 million US dollars respectively.

II. Jiayuda Group Submits Prospectus 

Jayud, a Jiayuda Group, submitted a prospectus in the SEC of the United States, and plans to list on NASDAQ IPO of the United States, with Revere Securities LLC as its underwriter.

Jayud Group was established in 2009 from Shenzhen, Guangdong Province. As a leading end-to-end supply chain solution provider in China, it focuses on providing cross-border logistics services. According to Jost Sullivan's report, in 2021, the company ranked fifth among all end-to-end supply chain solution providers in Shenzhen in terms of revenue generated by providing end-to-end cross-border supply chain solutions. The company mainly provides comprehensive cross-border supply chain solution services, including freight forwarding services, supply chain management and other value-added services.

In terms of performance, in the past six months of 2020, 2021 and 2022, Jiayuda's revenue was 290 million yuan, 546 million yuan and 454 million yuan respectively, and the corresponding net profit was 3,062,400 yuan, 10.3053 million yuan and 10.1531 million yuan respectively.

4- SPAC aspect

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