Julong Holding Ltd

Julong Holding Ltd (JLHL) priced its initial public offering on Jun 26, 2025 at $4.00 per share, raising $5M, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $85M. DLA Piper, Harneys, Dentons and Dacheng advised the company and Hogan Lovells and King & Wood Mallesons advised the underwriters.

Julong Holding Ltd provides intelligent integrated solutions to public utilities, commercial properties and multifamily residential properties in China, including security, fire protection, parking, toll collection, broadcasting and city management systems. It has operated since 1997.

Status

IPO

Ticker

JLHL

Exchange

Nasdaq Capital Market

Priced

Jun 26, 2025

IPO price

$4.00

Raised

$5M

Market cap at IPO price

$85M

First filed

Mar 28, 2025

Company counsel

DLA Piper, Harneys, Dentons and Dacheng

Underwriters' counsel

Hogan Lovells and King & Wood Mallesons

Sector

Business services

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.