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Posted by
Two Blokes May 2 -
Filed in
Stock
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Julong Holding Limited seeks to raise $6.25 million in an IPO, offering smart facility and operations solutions in China with a growing but small revenue base. Despite increasing revenue and positive cash flow, the company faces unpredictable regulatory risks in China and the US. Julong's market is highly competitive and fragmented, and the company has significant customer and supplier concentration risks.
