Jiangsu Jasung Intelligent Industrial Technology Co., Ltd. Submits HKEX Listing Application; World’s No.1 Provider of Industrial Permanent Magnet Electric Drive Solutions

NewTimeSpace · 2026/07/01 09:58 · By Zehong Cheng

NewTimeSpace News: Jiangsu Jasung Intelligent Industrial Technology Co., Ltd. submitted a Main Board listing application to The Stock Exchange of Hong Kong Limited on 30 June, with Dongxing Securities (Hong Kong) acting as the sole sponsor. According to Frost & Sullivan data, the Group ranks first globally among providers of industrial permanent magnet electric drive solutions with a market share exceeding 10%, the world’s top supplier of permanent magnet direct-drive motorized pulleys for industry holding over 80% market share, and the leading vendor of permanent magnet electric drive solutions for the mining sector.

NewTimeSpace News: Per HKEX disclosures, Jiangsu Jasung Intelligent Industrial Technology Co., Ltd. filed its Main Board listing application with HKEX on 30 June 2026, and Dongxing Securities (Hong Kong) has been appointed as the sole sponsor.

JASUNG is a world-leading supplier of industrial permanent magnet electric drive solutions, with nearly two decades of deep engagement in the industrial drive sector. Per Frost & Sullivan industry statistics, throughout the track record period, the Group secured the number one global ranking by revenue in three segments: industrial permanent magnet electric drive solutions (market share above 10%), industrial permanent magnet direct-drive motorized pulleys (market share over 80%), and permanent magnet drive solutions for mining applications.

The Group’s permanent magnet motor shipments climbed from 2,107 units in 2023 to 3,061 units in 2025, with R&D expenditure accounting for 4.0% of revenue in 2025. It is certified as a National-level Specialized, Sophisticated, Distinctive and Innovative "Little Giant" Enterprise. The Company has led the formulation of 4 national standards, 5 industrial standards and 6 association standards.

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Jasung Intelligent IPO file a listing application