JOYSON ELEC (00699) Advances Global Strategy with Dual "Business + Capital" Approach as It Lists on HKEX

Stock News

Nov 06

On November 6, JOYSON ELEC (00699) officially debuted on the Main Board of the Hong Kong Stock Exchange, marking a new phase in its global expansion. The company issued approximately 155 million H shares (pre-Greenshoe) at HK$22 per share, raising around HK$3.41 billion.

As one of China’s few globally integrated firms, JOYSON ELEC adopts a "Local for Local" strategy, enabling synchronized R&D, supply chain deployment, and production-sales networks with global automakers. Currently, it operates over 25 R&D centers and 60 production bases across key automotive markets in Asia, Europe, and North America, serving more than 100 global brands—including the top 10 OEMs worldwide.

Founded in 2004, JOYSON ELEC is a leading provider of smart automotive technology solutions, specializing in automotive electronics and safety systems. Its cross-domain expertise spans cockpit, autonomous driving, connectivity, powertrain, and body control domains.

Chairman Wang Jianfeng emphasized during the listing ceremony, "Hong Kong marks a new beginning. Leveraging our dual 'A+H' capital platform, we remain committed to innovation, harnessing global technology and smart manufacturing to build a safer, smarter, and greener future."

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