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To-be Listed
Name
/
Code
Industry Offer Price Lot Size Entry Fee Closing Date
Grey Market Date
Listing Date
Mininglamp-W
02718.HK
Advanced hardware and software 141 40 5,696.88 2025/10/28 2025/10/31 2025/11/03
Ocean One Hold
09876.HK
Packaged Foods N/A 2,000 N/A N/A Not applicable 2025/11/03
Seres
09927.HK
Automobile Manufacturers N/A 100 13,282.62 2025/10/31 2025/11/04 2025/11/05
Joyson Electronic
00699.HK
Auto Parts & Equipment N/A 500 11,919.01 2025/11/03 2025/11/05 2025/11/06
WeRide-W
00800.HK
Trucking N/A 100 3,535.30 2025/11/03 2025/11/05 2025/11/06
Pony-W
02026.HK
Trucking N/A 100 18,181.54 2025/11/03 2025/11/05 2025/11/06
Vigonvita-B
02630.HK
Biotechnology - Pharmaceuticals 32-34 200 6,868.57 2025/11/03 2025/11/05 2025/11/06
Summary
We are 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. With a business focus on R&D, manufacturing and sales of automotive parts, we ranked 41st in the global automotive parts industry in 2024, and were the second largest passive automotive safety products provider in both China and the world in terms of revenue, according to Frost & Sullivan.

During the Track Record Period, revenue from our automotive safety solutions (mainly including seatbelts, airbags and intelligent steering wheels) amounted to RMB34,428.0 million, RMB38,576.8 million, RMB38,658.7 million, RMB12,480.1 million and RMB12,349.6 million in 2022, 2023, 2024 and the four months ended April 30, 2024 and 2025, respectively, representing 69.1%, 69.2%, 69.2%, 69.4% and 62.6% of our total revenue in the respective years or periods; revenue from our automotive electronics solutions amounted to RMB15,365.4 million, RMB17,151.6 million, RMB16,996.4 million, RMB5,509.0 million and RMB5,447.3 million in 2022, 2023, 2024, and the four months ended April 30, 2024 and 2025, respectively, representing 30.9%, 30.8%, 30.4%, 30.6% and 27.7% of our total revenue in the respective years or periods.

Our intelligent solutions enable functions such as information interaction, environmental sensing, analysis, decision-making and control to enhance driving experiences and safety. Our automotive electronics business focuses on intelligent interfaces and domain control technologies that enable personalized experiences and seamless vehicle-driver communication, while the E-mobility segment utilizes smart energy management to improve charging performance and battery safety. For automotive safety, we employ monitoring and predictive analytics to enable features like fatigue detection, adaptive safety responses and automated protective actions such as pre-crash adjustments.

Leveraging on our platform-based and modularized technology system and global R&D, production and sales network in China and abroad, we are dedicated to advancing the intelligence and electrification transformation of the global automotive industry.

We have built a platform and achieved a synchronous R&D, supply chain deployment, production and sales network with global OEMs. As of April 30, 2025, we 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. Our overseas sales contributed to 74.7% of our total revenue in 2024. In addition, we were ranked first in the Top 100 Chinese Multinational Corporations and Multinational Index (中國跨國公司100大及跨國指數) for four consecutive years from 2021 to 2024, demonstrating the scale of our operations.

The industry trends of intelligence and electrification are ushering the global automotive industry into a new era. Numerous emerging NEV brands are rapidly springing up, with disruptive intelligent electrification technologies. According to Frost & Sullivan, the global sales volume of NEVs increased rapidly from 3.2 million units in 2020 to 19.0 million units in 2024. This market is expected to further increase from 23.4 million units in 2025 to 40.7 million units in 2029, representing a CAGR of 14.9%. The emergence and prevalence of NEVs has paved the way for the proliferation of intelligent and electrification technologies. Such trends present both opportunities and challenges for traditional OEMs, prompting them to embrace new technologies and solutions. As intelligent cockpits, intelligent driving and other user-centric intelligent functions become crucial factors in consumers’ decision-makings, global OEMs are placing increasing importance on intelligent automotive technologies. These trends offer us substantial growth opportunities.

We believe our long-term investment in platforms and intelligent automotive technologies lays a crucial foundation for us to adapt to the trends of intelligence and electrification with our industry partners. We have a strong customer base worldwide. The predecessors of some of our subsidiaries have maintained business relationships with certain customers for over a century. As of April 30, 2025, we had more than 100 automotive brands as customers worldwide, including the top ten OEMs in both China and the world. Leveraging our technological capabilities and cross-domain solutions in automotive electronics and automotive safety and our broad customer network, we empower global OEM customers to create a smarter, safer and greener mobility experience.

Through organic development and strategic acquisitions, we have evolved from a company merely offering individual auto parts in China to a provider of intelligent automotive technology solutions to domestic and overseas customers, with cross-domain products and strong technological capabilities.



Source: Joyson Electronic (00699) Prospectus (IPO Date : 2025/10/28)
Listing Market MAIN
Industry Auto Parts & Equipment
Background H Shares
Major Business Area Global
Corporate Information
Substantial Shareholders WANG Jianfeng & Associates (36.68%)
Directors WANG Jianfeng (Chairperson and Executive Director)
CHEN Wei (President and Executive Director)
LI Junyu (Vice President and Executive Director and Finance Director)
CAI Zhengxin (Chief Executive Officer and Executive Director)
ZHOU Xingyou (Non-Executive Director)
ZHU Xuesong (Non-Executive Director)
LU Guihua (Independent Non-Executive Director)
WEI Xuezhe (Independent Non-Executive Director)
XI Xuanhua (Independent Non-Executive Director)
YU Fang (Independent Non-Executive Director)
Company Secretary Ye Jiahong
YU Chaohui
Principal Bankers Bank Of China Bank
China Merchants Bank
Solicitors Clifford Chance
Commerce & Finance Law Offices
Jincheng Tongda & Neal Law Firm
Auditors KPMG
Registered Office 31/F, Tower 2 Times Square, 1 Matheson Street, Causeway Bay, Hong Kong
Share Registrars Computershare Hong Kong Investor Services Ltd. [Tel: (852) 2862-8628]
Share Registrars Tel No (852) 2862-8628
Internet Address https://www.joyson.com
Email Address
Tel No
Fax No
 
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