BEIJING, June 26, 2025 – Julong Holding Limited (JLHL), a provider of intelligent integrated solutions, has announced the pricing of its initial public offering, marking a significant step for the company. The offering comprises 1,250,000 Class A ordinary shares, priced at $4.00 per share, resulting in a total offering size of roughly $5.0 million. Trading on the Nasdaq Capital Market under the ticker symbol “JLHL” is expected to commence on June 26, 2025, Eastern Time, with the offering slated to close on June 27, 2025, subject to customary closing conditions.
The underwriter has also been granted an option to purchase an additional 187,500 Class A ordinary shares within 45 days of the offering’s date, the underwriter will exercise the option subject to the initial public offering price, less underwriting discounts and commissions.
US Tiger Securities, Inc. served as the sole book-runner for the offering.
Julong, founded in 1997, focuses on providing intelligent integrated solutions to public utilities, commercial properties, and multi-family residential properties in China. The company’s comprehensive solutions include systems for intelligent security, fire protection, parking, and more. Julong emphasizes timely project execution and customer satisfaction. As it continues to expand its service offerings and develop its technologies, the company aims to achieve economies of scale and seize future opportunities.
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