Clifford Chance advises Joyson Electronics on its IPO and listing in Hong Kong

Global law firm Clifford Chance has advised Ningbo Joyson Electronic Corp (Joyson Electronics) on its initial public offering and listing on the Main Board of the Hong Kong Stock Exchange, raising over US$439 million.

Chair of China Practice and partner Tim Wang said, “Joyson Electronics embodies China’s ascent in automotive innovation and manufacturing, with its Hong Kong listing highlighting investor confidence in the sector’s future and the country’s advanced manufacturing capabilities.”

Tim co-led the deal with partners Jean Thio and Tianning Xiang, with support from counsel Haoze Zheng, senior associate Joy Chen, associates Sibin Hong, Rita Cao, Yvonne Zhu, Yijin Zhang and Yao Han*, trainee solicitors Jill Zhao, Qianqian Bai, paralegal Calvin Wong and legal analyst Jessie Ni.

Listed on the Shanghai Stock Exchange since 2011, Joyson Electronics is a major automotive technology company, supplying a range of automotive components, from safety systems to EV charging and power distribution systems. In 2025, the company launched robotic production and assembly lines. It is the second-largest supplier of passive automotive safety systems in China and globally, and the fourth largest provider of intelligent cockpit domain control systems provider globally, by revenue in 2024.

Clifford Chance has advised on the successful Hong Kong listings of several Mainland China-listed companies, such as SANY Heavy Industry, SICC, and Anjoy Foods Group.

* From Shanghai He Ping Law Firm. Clifford Chance LLP and Shanghai He Ping Law Firm have established a Joint Operation in the China (Shanghai) Pilot Free Trade Zone under the name Clifford Chance LLP and Shanghai He Ping Law Firm (FTZ) Joint Operation Office with the approval of the Shanghai Bureau of Justice.