Julong Holding Limited
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $49.9M
- Price
- $4.36
- % Change (Daily % change from the live per-ticker quote feed.)
- +3.81%
- Volume
- 92.4K
About
Julong Holding Limited provides intelligent integrated services and solutions to various infrastructure projects in China. The company offers intelligent integrated solutions, such as 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. It engages in the design, procurement, installation, integration, and maintenance of the security, access control, and parking systems; installation, integration, and maintenance of the parking and visitor management systems; operation and maintenance of the intelligent integrated systems; and sale of equipment and materials of intelligent systems. The company serves private and public sector clients that include public utilities, and commercial and multifamily residential properties. The company was founded in 1997 and is headquartered in Beijing, China. Julong Holding Limited is a subsidiary of Datongyi Holding Limited.
Quick stats
Shares outstanding11.4M
Computed float1.4M
Float / shares12.6%
Cash runway (months)10.2
Key info
SectorBasic Materials
IndustryConstruction Materials
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0002007846
Websitehttp://www.julongzx.com
AI Summary
AI-generated1/3
minorbearishoffering
Julong Holding Limited Announces Private Placement
Julong Holding entered a securities purchase agreement for a private placement of 750,000 Class A shares at $0.30 plus 2,250,000 pre-funded warrants at $0.299, for gross proceeds of $897,750.
The pre-funded warrants carry a nominal $0.001 exercise price and are immediately exercisable, meaning effective dilution covers up to 3,000,000 shares. Net proceeds of roughly $828,000 are earmarked for general corporate purposes with management retaining discretion.
The deal is expected to close on or about September 29, 2026. The sub-$1M raise at a penny-level warrant structure suggests urgent, small-scale financing needs typical of a distressed micro-cap.
Red flags
- pre-funded warrants with $0.001 exercise price maximize effective dilution
- use of proceeds is 'general corporate purposes' with full management discretion
- very small raise (~$0.9M) signals potential liquidity strain for the company