BEIJING, June 27, 2025 — Julong Holding Limited (“Julong” or the “Company”) (Nasdaq: JLHL), a growing provider of smart integrated solutions, announced today the completion of its initial public offering (the “Offering”) of 1,250,000 Class A ordinary shares, priced at US$4.00 each (the “Offering Price”). The shares began trading on the Nasdaq Capital Market on June 26, 2025, under the ticker symbol “JLHL.”
The Offering generated gross proceeds of US$5.0 million, before deducting underwriting discounts and other expenses. The Company plans to use the net proceeds to (i) pursue strategic acquisitions and investments to strengthen its market position and improve its competitiveness in the smart integrated solutions industry, (ii) expand its customer base and geographic reach in mainland China and internationally, (iii) invest in research and development to enhance its technology in both hardware and software, and (iv) for general corporate purposes.
Additionally, the underwriter has been granted an option to purchase up to 187,500 additional Class A ordinary shares at the Offering Price, less underwriting discounts and commissions, exercisable within 45 days from the Offering date.
US Tiger Securities, Inc. was the sole book-runner for the Offering.
A registration statement for these securities has been filed with and declared effective by the U.S. Securities and Exchange Commission. This press release is not an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction where such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of that state or jurisdiction.
This offering is being conducted only through a prospectus that is part of the effective registration statement. The final prospectus for the Offering was filed with the SEC and is available on the SEC’s website at www.sec.gov. Copies of the final prospectus can be obtained, when available, by contacting US Tiger Securities, Inc. at 437 Madison Avenue, 27th Floor, New York, NY 10022, United States, by telephone at +1-646-978-5188, or by email at .
About Julong
Founded in 1997, Julong is a growing provider of smart integrated solutions for public utilities, commercial properties, and large-scale multifamily residential properties in China. The Company offers a comprehensive suite of solutions, including systems for intelligent security, fire protection, parking, toll collection, broadcasting, identification, data room management, emergency command, and city management. Since its founding, Julong has focused on successfully completing complex projects on time, through its “deliveries before deadline” and “customers first” initiatives. As Julong continues to cross-sell its services and solutions and advance its technologies, it is well-positioned to achieve economies of scale and capitalize on future opportunities.
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Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about the anticipated size of the initial public offering and the expected trading commencement and closing dates. These forward-looking statements are identified by terms such as “will,” “would,” “may,” “expects,” “anticipates,” “aims,” “future,” “continues,” “could,” “should,” “target,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar expressions. Statements that are not historical facts, including statements about the Company’s beliefs, plans, and expectations, are forward-looking statements that involve inherent risks and uncertainties. Actual results may differ materially from those indicated by such forward-looking statements due to various important factors, including uncertainties related to market conditions, the satisfaction of customary closing conditions, the completion of the initial public offering on the anticipated terms, or at all, and other factors discussed in the “Risk Factors” section of the preliminary and final prospectus filed with the Securities and Exchange Commission. All information in this press release is current as of the date of this release, and the Company undertakes no obligation to update any forward-looking statement, except as required by law.
For investor and media inquiries, please contact:
In China:
Investor Relations:
Email: ir@julongzx.com
The Piacente Group, Inc.
Jenny Cai
Tel: +86 (10) 6508-0677
Email: julong@thepiacentegroup.com
In the United States:
The Piacente Group, Inc.
Brandi Piacente
Tel: +1-212-481-2050
Email: julong@thepiacentegroup.com
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