The company procures raw materials, systems, and components related to intelligent systems, including security, access control, parking, fire protection, surveillance, and charging systems. Supplier selection is based on price, quality, delivery times, customer service, and market acceptance. The company maintains a broad supplier network, typically sourcing from at least two suppliers to reduce dependence and increase leverage. In the fiscal years ended September 30, 2023, 2024, and 2025, the five largest suppliers accounted for 41.8%, 34.3%, and 37.3% of total purchases, respectively. Orders are placed on a project basis with suppliers who meet stringent criteria. Fixed-price procurement and installation contracts require suppliers to provide raw materials, systems, components, installation assistance, and warranties. Contract terms vary, with most including performance terms and termination provisions negotiated as needed.
Julong Holding Limited's Comment on Supply Chain
The company procures raw materials, systems, and components related to intelligent systems, including security, access control, parking, fire protection, surveillance, and charging systems. Supplier selection is based on price, quality, delivery times, customer service, and market acceptance. The company maintains a broad supplier network, typically sourcing from at least two suppliers to reduce dependence and increase leverage. In the fiscal years ended September 30, 2023, 2024, and 2025, the five largest suppliers accounted for 41.8%, 34.3%, and 37.3% of total purchases, respectively. Orders are placed on a project basis with suppliers who meet stringent criteria. Fixed-price procurement and installation contracts require suppliers to provide raw materials, systems, components, installation assistance, and warranties. Contract terms vary, with most including performance terms and termination provisions negotiated as needed.
Sources:
Julong Holding Limited's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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