Announcement • 2h
Jiangsu Huhu Electromechanical Technology Co., Ltd. Completes Development and Technology Finalization of HB-800 Vacuum Furnace HUHUTECH International Group Inc. announced that its subsidiary, Jiangsu HUHU Electromechanical Technology Co. Ltd. has completed the fully independent development and technology finalization of the HB-800, a high-end vacuum furnace designed for MOCVD (Metal-Organic Chemical Vapor Deposition) susceptor cleaning and precision heat treatment applications. The HB-800 is designed to serve five end-markets: semiconductors, photovoltaics, third-generation semiconductor materials such as silicon carbide (SiC) and gallium nitride (GaN), aerospace precision manufacturing, and medical precision components. The furnace targets recurring-demand applications, including precision heat treatment, MOCVD susceptor and carrier-tray cleaning, and upgrades to customers’ existing installed equipment. Based on internal testing benchmarked against conventional equipment, HUHUTECH expects the HB-800 to deliver higher resource recovery rates, lower energy consumption, longer maintenance interval cycles, and stable mass-production performance, which the Company believes may help customers reduce raw material, electricity, and maintenance costs. The Company intends to pursue a dual commercial model of new equipment sales alongside upgrade-and-retrofit services for existing installed equipment, which it believes may offer a differentiated, lower-cost path for customers to modernize aging equipment. The HB-800 has completed design finalization and verification testing and is ready for commercial deployment. Drawing on its existing customer relationships, HUHUTECH is engaged in business development discussions and currently expects to sign its first equipment order during the third quarter of 2026. Over the longer term, the Company intends to scale production capability and pursue broader market adoption as it builds out the new equipment business line, which it expects to carry attractive margins relative to its established engineering-services business. Reported Earnings • Apr 30
Full year 2025 earnings released: US$0.75 loss per share (vs US$0.096 loss in FY 2024) Full year 2025 results: US$0.75 loss per share (further deteriorated from US$0.096 loss in FY 2024). Revenue: US$21.4m (up 18% from FY 2024). Net loss: US$17.3m (loss widened US$15.4m from FY 2024). New Risk • Apr 09
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 72% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (16% increase in shares outstanding). 
