Julong Holding Announces Private Placement of Securities

BEIJING, Sept. 28, 2026 /CourierPR/ -- Julong Holding Limited, a growth-oriented provider of intelligent integrated solutions, announced on September 28, 2026, that it entered into a securities purchase agreement with certain investors for a private placement of the company’s securities. The private placement, expected to close on or about September 29, 2026, will involve the issuance and sale of 750,000 Class A ordinary shares, each with a par value of US$0.0001 per share, at a purchase price of US$0.300 per share. Additionally, the company will issue and sell 2,250,000 pre-funded warrants to purchase up to an aggregate of 2,250,000 Class A ordinary shares, at a purchase price of US$0.299 per pre-funded warrant. The pre-funded warrants have an exercise price of US$0.001 per share and are immediately exercisable, with the ability to be exercised at any time until fully exercised.

The aggregate gross proceeds of the private placement are US$897,750. After deducting offering expenses, the net proceeds are approximately US$828,000. The company intends to use these proceeds for general corporate purposes, with management retaining discretion over the use and timing of the funds.

Julong Holding Limited is a professional provider of intelligent integrated solutions to public utilities, commercial properties, and multifamily residential properties operating at scale in China. The company’s comprehensive suite of intelligent integrated solutions includes systems for intelligent security, fire protection, parking, toll collection, broadcasting, identification, data room, emergency command, and city management. Since its inception in 1997, Julong has focused on the successful and on-time execution of complex projects, through its “deliveries before deadline” and “customers first” initiatives.

The private placement has not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or any applicable state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. The investors represented that they were accredited investors within the meaning of Rule 501(a) of Regulation D of the Securities Act and were acquiring the securities for investment only and with no present intention of distributing any of such securities or any arrangement or understanding regarding the distribution thereof.

Forward-looking statements in the press release, including those regarding the expected closing of the private placement and the use of proceeds, are subject to various risks and uncertainties. Actual results may differ materially from those indicated by such forward-looking statements due to various important factors, including the risk that the private placement may not close on the anticipated timeline or at all.