Julong Holding Corp.

General Information
Business:

(Incorporated in the Cayman Islands)

We aspire to be a pioneer and a leader in China’s intelligent integrated solutions industry that exceed customers’ expectations, embrace innovation, invest in technologies and effect improvements in the industry.

We are a growth-oriented professional provider of intelligent integrated solutions to public utilities, commercial properties, and multifamily residential properties operating at scale in China. The intelligent integrated solutions that we offer typically include intelligent security systems, fire protection systems, parking systems, toll collection systems, broadcasting systems, identification systems, data room systems, emergency command systems and city management systems.

Since our inception in 1997, we have focused on the successful and on-time execution of complex projects, through our “deliveries before deadline” and “customers first” initiatives. We initially focused primarily on providing products and services to individual customers, such as sole proprietorships, property owners and residents, until May 2012 when our founder, chairman and chief executive officer, Mr. Jiaqi Hu, led our strategic transition to become a provider of intelligent integrated solutions, mainly serving public utilities, commercial properties, multifamily residential properties and other institutional customers and focusing on complex and large-scale intelligent integrated engineering projects. As we cross-sell our service and solution offerings and further advance our purpose-built technologies, we have become well-prepared to achieve economies of scale and capture future opportunities.

We have successfully provided intelligent integrated services and solutions to numerous landmark infrastructure projects in private and public sectors in China, such as (i) the design, procurement, installation, integration and maintenance of the security system, access control system and parking system of an international airport in Beijing, (ii) the installation, integration and maintenance of the parking system and visitor management system of a prestigious public university in Beijing, and (iii) the operation and maintenance of the intelligent integrated systems of over 460 branches of a renowned commercial bank in Southwest China. We primarily obtain contracts either through direct invitation for quotation from customers, or through a competitive tendering process of the project employers or their main contractors.

Our business lines include (i) engineering solutions of intelligent projects, (ii) operation and maintenance of intelligent projects, and (iii) sales of equipment and materials of intelligent systems. 

Note: Net income and revenue are in U.S. dollars for the fiscal year that ended Sept. 30, 2024.

Note: As of Sept. 30, 2024, we had a backlog of (i) 75 engineering solutions of intelligent projects to be completed on contracts totaling RMB40,821 thousand (US$5.82 million) and (ii) 37 operation and maintenance of intelligent projects to be completed on contracts totaling RMB15,778 thousand (US$2.25 million) representing the total estimated contract value of work (including adjustments and variation orders) that remain to be completed pursuant to the terms of the outstanding contracts.

(Note: Julong Holding Ltd. unveiled the terms for its small-cap IPO: 1.25 million shares at a price range of $4.00 to $6.00 to raise $6.25 million, if priced at the $5.00 mid-point of its range.)

Industry: Automatic Controls for Regulating Residential and Commercial Environments and Appliances
Employees: 42
Founded: 1997
Contact Information
Address Room 2009, Building A, Times Fortune World No.1 Hangfeng Road, Fengtai District Beijing, China 100070
Phone Number +86-10-5809-0779
Web Address http://www.julongzx.com/
View Prospectus: Julong Holding Corp.
Financial Information
Market Cap $106.0mil
Revenues $24.75 mil (last 12 months)
Net Income $2.43 mil (last 12 months)
IPO Profile
Symbol JLHL
Exchange NASDAQ
Shares (millions): 1.3
Price range $4.00 - $6.00
Est. $ Volume $6.0 mil
Manager / Joint Managers US Tiger Securities
CO-Managers
Expected To Trade: 6/16/2025
Day: Week of
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
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