Successfully landed on the Hong Kong Stock Exchange, Ningbo Joyson Electronic Corp. (00699) further advances its "business + capital" globalization strategy.
On November 6th, Kin Shing Electronics (00699) was officially listed on the main board of the Hong Kong Stock Exchange, entering a new stage of global development. In this Hong Kong listing, Kin Shing Electronics issued a total of approximately 155 million H shares, with an issue price of HK$22 per share, raising approximately HK$3.41 billion.
On November 6, Ningbo Joyson Electronic Corp. (00699) was officially listed on the Main Board of the Hong Kong Stock Exchange, marking a new phase in its global development. The total number of shares issued globally by Ningbo Joyson Electronic Corp. in this Hong Kong listing is approximately 155 million H shares before the exercise of the over-allotment option, with an issue price of HKD 22 per share, raising approximately HKD 3.41 billion.
As one of the few Chinese companies that have completed global layout, Ningbo Joyson Electronic Corp. has adopted a global layout strategy of "Local for Local," enabling synchronous research and development, supply chain configuration, production, and sales networks with global vehicle manufacturers.
Currently, Ningbo Joyson Electronic Corp. has more than 25 research and development centers and 60 production bases in major automobile production and sales markets in Asia, Europe, and North America, providing products and services to over 100 global automotive brands, including the top ten Chinese and global vehicle manufacturers.
Established in 2004, Ningbo Joyson Electronic Corp. is a leading global provider of intelligent automotive technology solutions, with core businesses mainly in the areas of automotive electronics and automotive safety, covering major automotive domains such as cockpit domain, intelligent driving domain, networked domain, power domain, and body domain, providing cross-domain solutions to global vehicle manufacturer clients.
Listing on the Hong Kong Stock Exchange is a new starting point. Wang Jianfeng, Chairman of Ningbo Joyson Electronic Corp., stated at the listing ceremony, "The Hong Kong listing is a new starting point for Ningbo Joyson Electronic Corp. We will continue to uphold our original intention, drive innovation, rely on the 'A + H' dual capital platform advantage, and use global technology and smart manufacturing to help build a smarter, safer, and more environmentally friendly future!"
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