JOYSON ELEC
| Listing Date | 2025/11/06 |
| Listing Price | 22.000 |
- Subscription Rate147.67x
- Guarantee One Lot Size--
- One Lot Success Rate16%
| Listing Date | 2025/11/06 |
| Listing Price | 22.000 |
Ningbo Joyson Electronic Corp. is an intelligent automotive technology solution provider, offering advanced products and solutions across the auto part industry’s key areas, primarily automotive electronics and automotive safety. Its automotive safety solutions primarily offer airbags, seatbelts, intelligent steering wheels and integrated safety solutions.
--
With a business focus on R&D, manufacturing and sales of automotive parts, the Group ranked 41st in the global automotive parts industry in 2024, and was the second largest passive automotive safety products provider in both China and the world in terms of revenue, according to Frost & Sullivan.
--
As of April 30, 2025, the Group had over 25 R&D centers and over 60 production bases in China and abroad, covering major automotive markets including Asia, Europe and North America. The Group had more than 100 automotive brands as customers worldwide, including the top ten OEMs in both China and the world. Its overseas sales contributed to 74.7% of total revenue in 2024.
| Market | Hong Kong (Main Board) |
| Business Nature | Automobiles |
| Major Business Area | Global |
| Board Lot | 500 |
| No. of Offer Shares | 155.10M H shares |
| No. of International Offer Shares | 139.59M H shares |
| No. of HK Offer Shares | 15.51M H shares |
| Offer Price | $23.60 |
| Stock Code | 699 |
| Sponsor(s) | China International Capital Corporation Hong Kong Securities Limited, UBS Securities Hong Kong Limited |
| Underwriter(s) | China International Capital Corporation Hong Kong Securities Limited, UBS AG Hong Kong Branch, GF Securities (Hong Kong) Brokerage Limited, ABCI Securities Company Limited, China Renaissance Securities (Hong Kong) Limited |
| Application Period | Oct 28 (Tue) - noon, Nov 03 (Mon) |
| Price Determination Date | Nov 04 (Tue) |
| Result Announcement Date | On or before Nov 05 (Wed) |
| Result Announcement Date | On or before Nov 05 (Wed) |
| Result Announcement Date | On or before Nov 06 (Thu) |
| Dealings in Shares commence on | Nov 06, 2025. (Thu) |
| Offer Price | $23.60 |
| Capitalization | 50.13B |
| NAV / share ($) | $5.95 (Unaudited pro forma adj NAV / share) |
| Assuming the offer price being at HKD 23.60, the net proceeds raised would be HKD 3.46B, of which |
| 35% : Research, development and commercialization of automotive intelligence solutions and cutting-edge technologies |
| 35% : Improving manufacturing capacities and cost efficiency |
| 10% : Expanding overseas business presence |
| 10% : Potential investment and merger and acquisition opportunities |
| 10% : Working capital |
| 06/11/2025 16:09 |
| {New Stock}JOYSON ELEC(00699) ends down 8% at HK$20.24 |
| 06/11/2025 09:20 |
| {New Stock}JOYSON ELEC(00699) opens down 2.27% at HK$21.5 |
| 05/11/2025 18:35 |
| {New Stock}JOYSON ELEC(00699) ends down 2.73% on grey market |
| 05/11/2025 16:20 |
| {New Stock}JOYSON ELEC down 5.27% at HK$20.84 on grey market |
| Prospectus |
| Remark: | The above information is referenced from the prospectus. |
| All data is calculated from the non- exercise rights(if applicable). |
| Currency | : |
| Listing Price | : |
| Board Lot | : |
| Admission Fee* |
: |
| Subscribing Lot | : |
| Subscribing Fee | : |
| Subscribing Amount | : |