Core Viewpoint - Aolaide (688378.SH) is accelerating its expansion in OLED equipment and materials, focusing on the domestic production of PSPI materials to enhance its core competitiveness through a fundraising plan of up to 300 million yuan [1][2]. Group 1: Fundraising and Investment - Aolaide plans to raise up to approximately 300 million yuan through a simplified procedure aimed at 35 specific investors, with the funds primarily allocated to the PSPI materials production base project and to supplement working capital [1][2]. - The total investment for the fundraising project is estimated at 240 million yuan, with 80% of the raised funds earmarked for the construction of a new PSPI materials production workshop, production lines, and necessary equipment [2]. Group 2: R&D and Technological Advancements - Aolaide has been actively pursuing breakthroughs in technology, successfully developing 8.6-generation evaporation source equipment and significantly increasing its R&D investment, which is projected to reach a total of 437 million yuan from 2020 to 2024 [1][4]. - The company has obtained a total of 392 authorized invention patents, reflecting its commitment to innovation and strategic patent layout in the rapidly evolving OLED industry [4]. Group 3: Business Performance and Market Position - Aolaide's revenue has shown steady growth, but net profit has experienced significant fluctuations, with a projected revenue of 533 million yuan in 2024, a 3% increase year-on-year, while net profit is expected to decline by 26.04% to 90.43 million yuan [5]. - The company has successfully secured a contract worth 655 million yuan for a linear evaporation source for BOE's 8.6-generation AMOLED production line, showcasing its competitive edge in the linear evaporation source market [6].

Core Viewpoint - Samsung Display is considering sourcing OLED panel materials from Chinese partners for the first time, indicating a shift in its procurement strategy due to competitive pressures and cost considerations [1][4]. Industry Overview - The global OLED materials market reached a value of $2.23 billion in 2022, with an annual growth rate exceeding 30%, projected to reach approximately $2.82 billion by 2025 [6]. - Domestic companies are gaining market share in OLED front-end materials and are expanding into high-margin OLED terminal materials, despite facing high entry barriers [6][8]. Technological Advancements - Chinese OLED panel manufacturing technology has made significant strides, narrowing the gap with Samsung Display, while Chinese OLED material companies have demonstrated notable cost advantages [3][5]. - Domestic OLED material manufacturers have achieved commercial production of key materials, such as Red Prime and Green Host materials, and are progressing towards mass production of other essential components [7]. Recent Developments - In 2025, the domestic OLED materials industry is experiencing increased activity, with frequent capital movements, including financing and expansions [8]. - Companies like Aolai Technology and Xu Ying Chemical are actively raising funds and expanding production capabilities to enhance their market competitiveness [8][10]. Market Dynamics - The expansion of high-generation OLED panel production lines by domestic firms like BOE and Visionox is driving demand for OLED materials, providing local manufacturers with significant market opportunities [12]. - The quality requirements for materials are increasing alongside the expansion of production lines, motivating further research and development among OLED material manufacturers [12].

Core Viewpoint - Aolide (688378.SH) plans to raise up to 299.86 million RMB through a simplified procedure for a specific group of investors, with the funds primarily allocated for the OLED core material PSPI production base project and to supplement working capital [1][2]. Fundraising Details - The total amount to be raised is capped at 299.86 million RMB, which is not more than 20% of the company's net assets as of the end of the last fiscal year [2]. - The funds will be used for two main projects: - 239.86 million RMB for the OLED core material PSPI production base project - 60 million RMB to supplement working capital [3]. Share Issuance and Pricing - The issuance will involve no more than 35 specific investors, including various financial institutions and qualified investors [1]. - The issuance price will not be lower than 80% of the average trading price of the company's shares over the 20 trading days prior to the pricing date [1]. Shareholder Structure - As of the announcement date, the controlling shareholders include Xuan Jingquan (21.80%), Xuan Lingyi (9.59%), and Li Jixuan (0.92%), collectively controlling 33.32% of the company [4]. - The issuance will not change the control of the company, although the percentage of shares held by the current controlling shareholders will decrease [4]. Previous Fundraising Activities - In a previous fundraising round, Aolide issued 4,951,599 shares at a price of 18.47 RMB per share, raising approximately 91.46 million RMB, with a net amount of 88.99 million RMB after expenses [5]. - The company has raised a total of 1.235 billion RMB through two fundraising activities [6]. Financial Performance - For Q1 2025, the company reported a revenue of 153.12 million RMB, a decrease of 40.71% year-on-year, and a net profit attributable to shareholders of 25.44 million RMB, down 73.23% [8][9]. - The net cash flow from operating activities was 26.60 million RMB, reflecting a decline of 56.32% compared to the same period last year [8][9].

Group 1 - The company plans to issue shares to specific targets in 2025 through a simplified procedure, which was approved in the board meeting held on June 13, 2025 [1][3][4] - The announcement regarding the share issuance was disclosed on June 14, 2025, on the Shanghai Stock Exchange website [1][2] - The issuance is subject to approval from the Shanghai Stock Exchange and the China Securities Regulatory Commission [1] Group 2 - The board meeting was attended by all nine directors, and the meeting procedures complied with relevant laws and regulations [3][5] - The board approved several proposals related to the share issuance, including the conditions for the simplified procedure and the specific plan for the issuance [4][6][7] - All proposals received unanimous support from the directors, with no votes against or abstentions [5][6][7] Group 3 - The company has also disclosed a report on the use of previously raised funds, detailing the actual amounts raised and their allocation [28][29] - The report indicates that the funds from the 2020 public offering and the 2022 targeted issuance have been fully utilized as planned [29][30] - The company has provided detailed accounts of the funds' storage and usage, ensuring transparency in financial management [30][31][34] Group 4 - The company corrected its 2023 annual report, clarifying the sales figures of its major customers, which did not affect the overall financial performance [23][24][25] - The correction involved separating the sales figures of two customers that were previously combined, ensuring accurate reporting [23][24][25]

证券代码：688378 证券简称：奥来德 公告编号：2025-042 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 吉林奥来德光电材料股份有限公司（以下简称"公司"）于2024年4月19日 在上海证券交易所网站披露了公司《2023年年度报告》。经公司事后审核发现， 因部分信息有误，现对相关内容予以更正，本次更正不会对公司 2023年年度的 经营业绩造成影响。具体更正内容如下： 经核查，公司 2023 年年度报告中披露的第一大客户为天马微电子股份有限 公司及其控股子公司，合计销售额16,520.54万元存在信息列报偏差。原统计将天 马微电子股份有限公司及其控股子公司与厦门天马显示科技有限公司合并列报， 而厦门天马显示科技有限公司并非天马微电子股份有限公司的控股子公司，应分 别列示为第三大客户天马微电子股份有限公司，销售额8,806.74万元，第四大客 户厦门天马显示科技有限公司，销售额7,713.80万元。 更正前： 第三节 管理层讨论与分析 五、报告期内主要经营情况之(一)主营业务分析之2、 收入和成本分析之(7).主要 ...

Core Viewpoint - The company plans to issue A-shares to specific investors in 2025, which may dilute immediate returns but includes measures to compensate for this dilution [1][4][11] Financial Impact of the Issuance - The total share capital before the issuance is 20,814.82 million shares, projected to increase to 32,406.30 million shares post-issuance [2] - Assuming net profit remains flat compared to 2024, the basic and diluted earnings per share (EPS) will decrease from 0.36 to 0.34 [2] - If net profit grows by 10%, the basic EPS will increase to 0.37, while if it grows by 20%, the basic EPS will rise to 0.40 [3] Necessity and Rationality of the Issuance - The fundraising projects align with national industrial policies and the company's strategic development, enhancing competitiveness and sustainability [4][6] Relationship of Fundraising Projects to Existing Business - The company focuses on OLED display key materials and evaporation source equipment, with the fundraising aimed at expanding production capacity and optimizing processes [5][6] Measures to Compensate for Dilution of Immediate Returns - The company will accelerate project implementation and improve fund usage efficiency to mitigate the dilution risk [9] - A strict fundraising management system will be enforced to ensure proper use of raised funds [10] - The company will enhance governance and operational efficiency to support sustainable growth [10] Commitments from Company Executives - All directors and senior management have committed to ensuring the effectiveness of the compensation measures and protecting shareholder interests [11]

Core Viewpoint - The report provides an overview of the fundraising activities and the utilization of funds by Jilin OLED Material Co., Ltd, confirming that the funds raised have been used in accordance with regulations and reflect the actual usage as of March 31, 2025 [1][2]. Fundraising Situation - The company raised a total of RMB 1,144,042,394.00 from its initial public offering in 2020, with a net amount of RMB 1,060,238,400.37 after deducting issuance costs [1][4]. - In 2023, the company raised an additional RMB 91,456,033.53 through a targeted issuance of 4,951,599 shares at a price of RMB 18.47 per share, resulting in a net amount of RMB 88,987,600.33 after costs [1][2]. Fund Storage Situation - The total amount stored in fundraising special accounts was RMB 1,076,343,246.33, with various accounts held at different banks [2][3]. - As of November 3, 2023, the company transferred the remaining balance of the fundraising special account to its general settlement account, resulting in a balance of zero in the special account [2][3]. Actual Use of Funds - The report details the actual use of funds, indicating that all previously raised funds have been fully utilized as planned [2][3]. - The company has not made any changes to the investment projects funded by the previous fundraising activities as of March 31, 2025 [2][3]. Idle Funds Management - The company has utilized idle funds for cash management, with approvals for using up to RMB 7 billion for investment products, which was later increased to RMB 7.7 billion [3][4]. - As of March 31, 2025, there were no idle funds used for temporary liquidity supplementation [3][4]. Surplus Funds - The report indicates that as of March 31, 2025, the remaining balance of the funds raised from the 2020 public offering was RMB 37,508,784.51 [4][5]. - The company has also approved the use of surplus funds for permanent liquidity supplementation, with a total of RMB 114 million allocated for this purpose [3][4]. Investment Projects - The company has invested in several projects, including the establishment of a wholly-owned subsidiary in Japan for OLED research and development, and various R&D projects related to high-performance OLED materials [5][6]. - The report notes that the progress of some projects has been delayed due to industry factors and equipment procurement issues, but the company is actively working to optimize these projects [5][6]. Financial Performance - The report outlines that the actual investment amounts for various projects have been adjusted based on interest income and management fees, with a total investment of RMB 107,046.55 million reported [6][7]. - The expected benefits from these projects are still under evaluation, as many are in the R&D phase and have not yet generated direct revenue [6][7].

证券代码：688378 证券简称：奥来德 公告编号：2025-037 吉林奥来德光电材料股份有限公司 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 一、董事会会议召开情况 吉林奥来德光电材料股份有限公司（以下简称"公司"）第五届董事会第十 三次会议于2025年6月13日在长春市高新开发区红旗大厦19层公司会议室以现场 结合通讯的方式召开。本次会议通知于2025年6月6日以专人送达等方式送达全体 董事。公司应参加董事共计9人，实际出席董事9人，会议由董事长轩景泉先生主 持，本次会议的召集、召开方式等符合《公司法》等法律法规、规范性文件及《公 司章程》的规定。 二、董事会会议审议情况 （一）审议通过《关于公司符合以简易程序向特定对象发行股票条件的议案》 本议案已经战略委员会/独立董事专门会议事先审议通过。 表决结果：同意9票，反对0票，弃权0票。 （二）审议通过《关于公司2025年度以简易程序向特定对象发行股票方案的 议案》 表决结果：同意 9 票，反对 0 票，弃权 0 票。 表决结果：同意 9 票，反对 0 票，弃权 0 ...

证券代码：688378 证券简称：奥来德 公告编号：2025-042 吉林奥来德光电材料股份有限公司 关于 2023 年年度报告的更正公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 吉林奥来德光电材料股份有限公司（以下简称"公司"）于2024年4月19日 在上海证券交易所网站披露了公司《2023年年度报告》。经公司事后审核发现， 因部分信息有误，现对相关内容予以更正，本次更正不会对公司 2023年年度的 经营业绩造成影响。具体更正内容如下： 经核查，公司 2023 年年度报告中披露的第一大客户为天马微电子股份有限 公司及其控股子公司，合计销售额16,520.54万元存在信息列报偏差。原统计将天 马微电子股份有限公司及其控股子公司与厦门天马显示科技有限公司合并列报， 而厦门天马显示科技有限公司并非天马微电子股份有限公司的控股子公司，应分 别列示为第三大客户天马微电子股份有限公司，销售额8,806.74万元，第四大客 户厦门天马显示科技有限公司，销售额7,713.80万元。 更正前： 第三节 管理层讨论与分析 五、报告期 ...

证券简称：奥来德 证券代码：688378 吉林奥来德光电材料股份有限公司 Jilin OLED Material Tech Co.，Ltd. （吉林省长春市高新开发区硅谷新城生产力大厦 A 座 19 层） 1 2025 年度以简易程序向特定对象 发行股票预案 二〇二五年六月 吉林奥来德光电材料股份有限公司 2025年度以简易程序向特定对象发行股票预案 公司声明 1、公司及董事会全体成员保证本预案内容真实、准确、完整，并确认不存 在虚假记载、误导性陈述或重大遗漏。 2、本预案按照《上市公司证券发行注册管理办法》等法规及规范性文件的 要求编制。 3、本次以简易程序向特定对象发行股票完成后，公司经营与收益的变化由 公司自行负责；因本次以简易程序向特定对象发行股票引致的投资风险，由投资 者自行负责。 4、本预案是公司董事会对本次以简易程序向特定对象发行股票的说明，任 何与之相反的声明均属不实陈述。 5、投资者如有任何疑问，应咨询自己的股票经纪人、律师、专业会计师或 其他专业顾问。 6、本预案所述事项并不代表审批机关对于本次以简易程序向特定对象发行 股票相关事项的实质性判断、确认、批准或核准，本预案所述以简易程序向特定 ...