Julong Holding Limited Announces Pricing of Initial Public Offering

Core Viewpoint - Julong Holding Limited has announced the pricing of its initial public offering (IPO) of 1,250,000 Class A ordinary shares at a price of US$4.00 per share, aiming for a total offering size of approximately US$5.0 million [1]. Company Overview - Julong, founded in 1997, is a growth-oriented provider of intelligent integrated solutions for public utilities, commercial properties, and multifamily residential properties in China [5]. - The company's offerings include systems for intelligent security, fire protection, parking, toll collection, broadcasting, identification, data room, emergency command, and city management [5]. - Julong emphasizes successful and timely execution of complex projects through initiatives like "deliveries before deadline" and "customers first" [5]. - The company is positioned to achieve economies of scale and capture future opportunities by cross-selling its services and advancing its technologies [5]. IPO Details - The IPO is set to close on June 27, 2025, subject to customary closing conditions [1]. - An option has been granted to the underwriter to purchase up to 187,500 additional Class A ordinary shares within 45 days from the date of the Offering [2]. - US Tiger Securities, Inc. is acting as the sole book-runner for the Offering [2].