Xuhang Holdings, Inc. (Ticker: SUNH) is a Cayman Islands holding company conducting its business operations through its subsidiaries in China. These subsidiaries provide content-driven marketing services, primarily focused on new media content marketing and digital advertising. Xuhang’s services help customers, including internet platforms and local businesses, achieve branding and marketing goals on platforms like WeChat, Weibo, Douyin, and Xiaohongshu. As of October 2022, the company’s media accounts had reached approximately 207 million followers.
Xuhang Holdings is set to list on NASDAQ on October 2, 2024, offering 2 million shares at $4.00 per share to raise $8.0 million. The expected market capitalization at offer is $243.22 million. The offering is managed by Craft Capital, WestPark Capital, and R.F. Lafferty.