First day of new shares | Zejing Shares (02632) made its debut on the market with a 0.68% opening drop in early trading. The company is the second largest supplier of car-mounted HUD solutions in China.
Zejing shares (02632) have been listed for the first time. The announcement shows that each share is priced at 44.2 Hong Kong dollars, with a total of 16.2265 million shares issued, and each lot consists of 50 shares. The net proceeds are approximately 662 million Hong Kong dollars. As of the time of publication, it has fallen by 0.68% to 43.9 Hong Kong dollars, with a turnover of 145 million Hong Kong dollars.
Zejing Technology (02632) made its debut on the stock market. The announcement shows that the price is set at HK$44.2 per share, with a total of 16.2265 million shares issued, and 50 shares per lot. The net proceeds are approximately HK$662 million. As of the time of writing, the stock has dropped by 0.68%, trading at HK$43.9 with a turnover of HK$145 million.
Public information shows that Zejing Technology focuses on HUD solutions. During the previous period, the company provided the Windshield HUD (W-HUD) solution CyberLens and the Augmented Reality HUD (AR-HUD) solution CyberVision as the main solutions, with comprehensive solutions complemented by testing solutions and other innovative visual technology solutions. The company deeply collaborates with the host factories during the solution definition phase to bring new models with more in-depth human-vehicle interaction and intelligent driving experience.
According to data from Insight Consultancy, as of the projected sales volume in 2024, Zejing Technology ranks second among HUD solution suppliers in China, with a market share of 16.2%. As of May 31, 2025, the company has served 18 automotive host factory customers and obtained 94 model approvals.
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