Joyson Electronics submits application for listing on the Hong Kong stock market, intends to raise funds to develop smart car technology

On the evening of January 16, Ningbo auto parts company Joyson Electronics officially submitted an application for listing to the Hong Kong Stock Exchange. Joyson Electronics entered the A-share market in March 2012 by backdoor listing Liaoyuan Deheng. On December 6, 2024, the company's board of directors reviewed and approved the relevant proposal to issue H shares and list on the main board of the Hong Kong Stock Exchange. The company said that the funds raised will be mainly used for the research and development and commercialization of new-generation automotive intelligent solutions, improving production and manufacturing capabilities, optimizing supply chain management, and expanding overseas business development and investment and mergers and acquisitions to enhance the company's leading position in the intelligent automotive technology industry.