Ningbo Joyson Electronic Corp. (JOYSON ELEC, stock code: 0699) has finalized the offer price at HK$22.00 per H Share for its global offering, involving a total of 155.1 million H Shares. Based on this price, total gross proceeds are approximately HK$3,412.2 million, while net proceeds stand at about HK$3,252.5 million after deducting related expenses. The company indicates a possible over-allotment of 23.265 million additional H Shares depending on market demand.

According to the announcement, 15.51 million shares (10% of the total offered) were allocated to the Hong Kong Public Offering, which was oversubscribed by about 147.67 times. The remaining 139.59 million shares formed the International Offering, recording a subscription level of 9.78 times. An initial listing of 1,550,770,563 total issued shares is expected, and trading on the Stock Exchange of Hong Kong is scheduled to begin on November 6, 2025.

Cornerstone investors collectively took up 37,817,000 H Shares. All cornerstone allotments, as well as shares held by the controlling shareholders (who hold 556,106,060 shares in total), are subject to respective lock-up periods per the announcement. The company’s final shareholding structure, public float, and other distribution details are provided in the official document for reference.