HUDI - Huadi International enters partnership with Huanqiu on seamless pipe supply

• Huadi International Group ( NASDAQ: HUDI ) has entered into strategic partnership agreement with China Huanqiu Contracting & Engineering, a construction contractor of China National Petroleum.
• 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 seamless pipes and tubes to Huanqiu and its affiliated subsidiaries as part of Huanqiu’s procurement process for contracted construction projects.
• "This Agreement has earned us recognition as a large-scale stainless steel seamless pipes and tubes projects supplier. We are extremely excited about this opportunity at the beginning of 2023 and will keep the momentum going.” said Mr. Di Wang, Chairman.
• HUDI +15% premarket to $6.50.

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