Group 1 - The core point of the news is that Ningbo Joyson Electronic Corp (600699) has received approval from the China Securities Regulatory Commission for its overseas listing plan, intending to issue up to 283,239,000 ordinary shares for listing on the Hong Kong Stock Exchange [1][2] Group 2 - Joyson Electronic is a provider of intelligent automotive technology solutions, focusing on the research, manufacturing, and sales of automotive parts, particularly in the fields of automotive electronics and safety [4] - According to Frost & Sullivan, Joyson Electronic ranks 41st globally in the automotive parts industry by revenue and is the second-largest supplier of passive safety products in both China and globally [4]