Wing Yip Food Holdings Group Limited American Depositary Shares

Mr. Haobo  Ye

Chief Financial Officer

Ms. Tingfeng  Wang

Chief Executive Officer & Director

NEW YORK--(BUSINESS WIRE)--Deutsche Bank announced today its appointment as depositary bank for the NASDAQ-listed American Depositary Receipt program of Wing Yip Food Holdings Group Limited. Wing Yip Food Holdings Group Limited (NASDAQ: WYHG) is a meat product processing company that engages in the processing, sales and distribution of cured meat products, snack products and frozen meat products. Its ordinary shares are listed on the Korea Securities Dealers Automated Quotations of the Korea Ex.

Deutsche Bank Appointed as Depositary Bank for the Sponsored American Depositary Receipt Program of Wing Yip Food Holdings Group Limited

Six IPOs and one SPAC listed this week - Pony AI, Brazil Potash, Venu Holding, Brillia, Wing Yip Food, Creative Global Tech, and FACT II Acquisition, respectively. One IPO and two SPACs submitted initial filings - Top Win, Inflection Point Acquisition III, and Range Capital Acquisition, respectively. Excluding micro-caps, we expect a mostly quiet calendar through the end of the year, though a couple large issuers could come to market before year end.

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Zhongshan, China, Nov. 27, 2024 (GLOBE NEWSWIRE) -- Wing Yip Food Holdings Group Limited (the “Company” or “Wing Yip”) (Nasdaq: WYHG), a meat product processing company through its operating subsidiaries in mainland China, today announced the closing of its initial public offering (the “Offering”) of 2,050,000 American Depositary Shares (“ADSs”) at a public offering price of US$4.00 per ADS. Each ADS represents one ordinary share of the Company. The Offering was conducted on a firm commitment basis. The ADSs commenced trading on the Nasdaq Capital Market on November 26, 2024 under the ticker symbol “WYHG”.

Wing Yip Food Holdings Group Limited Announces Closing of Initial Public Offering

Zhongshan, China, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Wing Yip Food Holdings Group Limited (the “Company” or “Wing Yip”), a meat product processing company through its operating subsidiaries in mainland China, today announced the pricing of its initial public offering (the “Offering”) of 2,050,000 American Depositary Shares (“ADSs”) at a public offering price of US$4.00 per ADS. Each ADS represents one ordinary share of the Company. The Offering is being conducted on a firm commitment basis. The ADSs have been approved for listing on The Nasdaq Capital Market and are expected to commence trading on November 26, 2024 under the ticker symbol “WYHG”.

Wing Yip Food Holdings Group Limited Announces Pricing of Initial Public Offering

Wing Yip has filed for a Nasdaq IPO that could raise $30 million, similar to the $25 million it raised in its 2018 listing on South Korea's Kosdaq exchange. The company competes in China's vast $87.8 billion market for meat products, which is projected to grow 20% annually between 2023 and 2027. Wing Yip is hardly the only meat maker coming to market right now and could face competition attracting investors.

Wing Yip Food Holdings Group Limited American Depositary SharesWYHG

Wing Yip Food Holdings Group Limited American Depositary Shares
WYHG