Joyson Electronic H-share stabilization period concludes as over-allotment option lapses

Ningbo Joyson Electronic Corp. announced the conclusion of the stabilization period for its H-share global offering on December 3, 2025. The company's 155,100,000 H-shares were listed on the Hong Kong Stock Exchange on November 6, 2025.

During the stabilization period, the stabilization manager, China International Capital Corporation Hong Kong Securities Limited, over-allotted 23,265,000 H-shares in the international offering, representing 15% of the initial offering shares. The manager also purchased a total of 23,265,000 H-shares in the market, with prices ranging from HK$15.30 to HK$21.50 per H-share, excluding commissions and fees. The last buy-in was on December 3, 2025, at HK$17.80 per H-share.

The overall coordinator did not exercise the over-allotment option, leading to its expiration on December 3, 2025. Consequently, the total number of A-shares remains 1,395,670,563 (90%), and H-shares remain 155,100,000 (10%), with the total number of shares at 1,550,770,563.