Huhutech International (HUHU) said Monday that it received an 83 million yen ($580,000) contract to design, supply, and install vacuum exhaust pipeline insulation systems at a semiconductor manufacturer's facility in East Hiroshima, Japan.

The project is a significant step in developing the company's insulation material platform, Huhutech said.

Shares of the company were up 1.9% in Monday trading.

Price: 9.00, Change: +0.12, Percent Change: +1.35