Hong Kong Stocks Movement | JOYSON ELEC (00699) Surges Over 6% in Late Trading, Securing More New Orders; Expected to Join Stock Connect This Thursday

Stock News12-01

JOYSON ELEC (00699) rose more than 6% in late trading, closing at HK$17.62 with a turnover of HK$83.24 million. The company recently reported its Q1-Q3 2025 financial results, showing revenue of approximately RMB 45.84 billion, up 11.45% year-on-year, and net profit attributable to shareholders of RMB 1.12 billion, an increase of 18.98% YoY. Basic earnings per share stood at RMB 0.81.

According to its Q3 report, JOYSON ELEC is securing significant new business orders. In the first three quarters, the company accumulated new orders worth RMB 71.4 billion, with Q3 alone contributing RMB 40.2 billion, indicating strong momentum. Of the Q3 orders, RMB 22.2 billion came from automotive safety-related businesses, while RMB 18 billion stemmed from automotive electronics.

Notably, JOYSON ELEC, positioned as a dual leader in "automotive + robotics Tier 1," is poised for accelerated value recognition and revaluation. Under Hong Kong Stock Connect rules, the company is expected to be officially included in the program on December 4. Given its unique status as a hard-tech player in both the automotive and robotics sectors—key growth areas—JOYSON ELEC is likely to attract substantial incremental capital from mainland investors post-inclusion, balancing trading and allocation-driven investments in the stock.

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