JuNeng Technology files for IPO on Nasdaq at $4-$5 per share

JuNeng Technology Limited has filed for an initial public offering of 6,250,000 ordinary shares, with a par value of $0.0001 per share, according to a prospectus statement from the company.

The company expects to price its shares between $4.00 and $5.00 each. JuNeng Technology has reserved the ticker symbol "NENG" for a planned listing on the Nasdaq Capital Market, though Nasdaq has not yet approved the application. The offering will not proceed if the listing application is not approved.

JuNeng Technology Limited is an exempted company incorporated under the laws of the Cayman Islands. Its corporate structure includes JuNeng Information Limited, a Hong Kong-based wholly owned subsidiary, and Beijing Haoyuqin Technology Co., Limited, a wholly owned China-based entity. The operating entity is Chongqing Haoyuqin Culture Media Company Limited, formerly known as Chongqing Haoxi Culture Media Company Limited, incorporated under the laws of China.

The company's authorized share capital is $20,000, divided into 200,000,000 ordinary shares at a par value of $0.0001 each. Prior to this offering, there has been no public market for JuNeng Technology's ordinary shares.

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