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Julong Holding Limited Secures Additional Funds Through Over-Allotment Option

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Julong Holding Limited Secures Additional Funds Through Over-Allotment Option

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The latest update is out from Julong Holding Limited Class A ( (JLHL) ).

On July 2, 2025, Julong Holding Limited announced the full exercise of its over-allotment option related to its initial public offering, resulting in the sale of an additional 187,500 Class A ordinary shares. This move brought in an additional US$750,000 in gross proceeds for the company, before underwriting discounts and commissions, and was facilitated by US Tiger Securities, Inc. as the sole book-runner. This development is expected to strengthen Julong’s financial position and enhance its ability to scale operations and capture future market opportunities.

More about Julong Holding Limited Class A

Founded in 1997, Julong Holding Limited is a growth-oriented provider of intelligent integrated solutions for public utilities, commercial properties, and multifamily residential properties in China. The company offers a comprehensive suite of solutions including intelligent security, fire protection, parking, toll collection, broadcasting, identification, data room, emergency command, and city management systems.

Average Trading Volume: 408,708

Find detailed analytics on JLHL stock on TipRanks’ Stock Analysis page.

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