By Renaissance Capital, Meihua International Medical Technologies, a Chinese provider of disposable medical devices, announced terms for its US IPO on Thursday. The Yangzhou, China-based company plans to raise $50 million by offering 5 million shares at a price range of $9 to $11. At the midpoint of the proposed range, Meihua International Medical Technologies would command a market value of $250 million. Meihua International states that it is a provider of Class I, II, and III disposable medical devices. The company serves hospitals, pharmacies, medical institutions, and medical equipment companies in China as well as more than 30 countries…