2025.11.06
On November 6, 2025, Ningbo Joyson Electronics (Joyson Electronics, stock code: 0699.HK) globally issued 155,100,000 H shares and listed on the Main Board of The Stock Exchange of Hong Kong Limited (HKEX) at an issue price of HKD 22.00 per share, raising over HKD 3.4 billion (before exercising the over-allotment option). Joyson Electronics is also an A-share listed company on the Shanghai Stock Exchange (stock code: 600699). After this H-share listing, Joyson Electronics officially became an A+H share listed company. It is the fifth A-share listed company that JunHe has successfully assisted in landing on the Hong Kong Stock Exchange in 2025.
Founded in 2004, Joyson Electronics is a provider of intelligent automotive technology solutions, offering advanced products in key areas of the automotive parts industry, primarily automotive electronics and automotive safety. It focuses on the research, development, manufacturing and sales of automotive components and in 2024 it was ranked in the top fifty companies in the global automotive parts industry. According to Frost & Sullivan, Joyson Electronics is the second-largest supplier of passive automotive safety products in China and globally by revenue. Leveraging its platform-based and modular technology systems, along with its global R&D, production and sales network in China and overseas, Joyson Electronics promotes the intelligent transformation and electrification of the global automotive industry.
JunHe served as the domestic legal counsel for the joint sponsors and underwriters of this project and provided comprehensive legal support within China. They assisted in conducting thorough legal due diligence within China, reviewed and revised the prospectus and the other application and issuance documents for the listing, and closely coordinated with all parties to prepare the full set of legal documents for the China Securities Regulatory Commission's overseas listing filing. JunHe's team responded to the legal inquiries from the China Securities Regulatory Commission, the Hong Kong Stock Exchange, and the Hong Kong Securities and Futures Commission, and assisted all parties in communicating with the regulatory agencies. Ultimately, JunHe assisted Joyson Electronics to successfully complete the filing procedures with the China Securities Regulatory Commission and obtain approval from the Hong Kong Stock Exchange for this listing application. JunHe's proactive work attitude, efficient work style and professional service capabilities have earned high trust and unanimous recognition from the clients and the other intermediary agencies.
The lead partner for this project was TAO, Xudong, with LAO, Chengzhe as the internal review partner. JunHe partner GU, Yu providing significant support for the project.
