Core Viewpoint - Shanghai Huihui Optoelectronics Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange, with CICC as the sole sponsor, after a previous attempt in April 2025 [1] Company Overview - HUIHUI Optoelectronics is a leading manufacturer of AMOLED semiconductor display panels, focusing on R&D and production to deliver exceptional color accuracy, visual experience, and low power consumption [4] - The company became the first in China to achieve mass production of AMOLED semiconductor display panels in 2014 and expanded its capacity with the sixth-generation AMOLED production line in 2019 [4] Market Position - According to Zhaoshang Consulting, HUIHUI Optoelectronics ranks third globally and first in China in terms of large-size AMOLED display panel shipments in 2024 [5] - The penetration rate of AMOLED display technology in the global display panel industry is expected to increase from 29.2% in 2024 to 35.8% by 2030 [5] - HUIHUI Optoelectronics maintains strong partnerships with leading Chinese smart device providers and has served major consumer electronics brands and two of the top five Chinese automotive manufacturers [5] Product Applications - The company's product offerings cover four main application areas: tablets/laptops, smartphones, smart wearables, and automotive displays, with sizes ranging from 0.95 inches to 27 inches [6] Financial Performance - Revenue figures for HUIHUI Optoelectronics are as follows: approximately 4.191 billion RMB in 2022, 3.038 billion RMB in 2023, and projected 4.958 billion RMB in 2024 [6][8] - The company reported losses of approximately 1.602 billion RMB in 2022, 3.244 billion RMB in 2023, and 2.518 billion RMB in 2024 [7][8]

Core Viewpoint - Shanghai Huihui Optoelectronics Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange, with CICC as the sole sponsor, after a previous attempt in April 2025 [1]. Company Overview - HUIHUI Optoelectronics is a leading manufacturer of AMOLED semiconductor display panels, focusing on R&D and production to deliver exceptional color accuracy, visual experience, and low power consumption [4]. - The company became the first in China to achieve mass production of AMOLED panels in 2014 and expanded its capacity with the 6th generation AMOLED production line in 2019, entering the medium and large-sized AMOLED market [4]. Market Position - According to Zhaoshang Consulting, HUIHUI ranks third globally and first in China in terms of AMOLED panel shipments for 2024. The penetration rate of AMOLED technology in the global display panel industry is expected to rise from 29.2% in 2024 to 35.8% by 2030 [5]. - HUIHUI maintains strong partnerships with leading Chinese smart device manufacturers and has served major consumer electronics brands and two of the top five Chinese automotive companies [5]. Product Applications - The company's product offerings span four main application areas: tablets/laptops, smartphones, smart wearables, and automotive displays, with sizes ranging from 0.95 inches to 27 inches [6]. Financial Performance - For the fiscal years ending June 30, the company's revenues and losses are as follows: - 2022: Revenue of approximately 4.19 billion RMB, loss of 1.60 billion RMB - 2023: Revenue of approximately 3.04 billion RMB, loss of 3.24 billion RMB - 2024: Revenue of approximately 4.96 billion RMB, loss of 2.52 billion RMB - 2025 (first half): Revenue of approximately 2.67 billion RMB, loss of 839.73 million RMB [6][7].

Core Viewpoint - Shanghai Huihui Optoelectronics Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange, with CICC as the sole sponsor, after a previous attempt in April 2025 [1]. Company Overview - HUIHUI Optoelectronics is a leading manufacturer of AMOLED semiconductor display panels, focusing on R&D and production to deliver exceptional color accuracy, visual experience, and low power consumption [4]. - The company became the first in China to achieve mass production of AMOLED panels in 2014 and expanded its capacity with the sixth-generation AMOLED production line in 2019, entering the medium and large-sized AMOLED market [4]. Market Position - According to Zhaoshang Consulting, HUIHUI ranks third globally and first in China in terms of AMOLED panel shipments for 2024. The penetration rate of AMOLED technology in the global display panel industry is expected to rise from 29.2% in 2024 to 35.8% by 2030 [5]. - HUIHUI maintains strong partnerships with leading Chinese smart device manufacturers and has supplied AMOLED panels to major consumer electronics brands and two of the top five automotive companies in China [5]. Product Applications - The company's product offerings span four main application areas: tablets/laptops, smartphones, smart wearables, and automotive displays, with sizes ranging from 0.95 inches to 27 inches [6]. Financial Performance - For the fiscal years ending June 30, the company's revenues and losses are as follows: - 2022: Revenue of approximately 4.19 billion RMB, loss of 1.60 billion RMB - 2023: Revenue of approximately 3.04 billion RMB, loss of 3.24 billion RMB - 2024: Revenue of approximately 4.96 billion RMB, loss of 2.52 billion RMB - 2025 (first half): Revenue of approximately 2.67 billion RMB, loss of 839.73 million RMB [6][7].

Core Viewpoint - Shanghai Huirui Optoelectronics Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange, with CICC as the sole sponsor, after a previous attempt in April 2025 [1]. Company Overview - Huirui Optoelectronics is a leading manufacturer of AMOLED semiconductor display panels, focusing on R&D and production to deliver exceptional color accuracy, visual experience, and low power consumption [4]. - The company became the first in China to achieve mass production of AMOLED panels in 2014 and expanded its capacity with the sixth-generation AMOLED production line in 2019 [4]. Market Position - According to Zhaoshang Consulting, Huirui Optoelectronics ranks third globally and first in China in terms of AMOLED panel shipments for 2024 [5]. - The penetration rate of AMOLED technology in the global display panel industry is expected to increase from 29.2% in 2024 to 35.8% by 2030 [5]. - Huirui Optoelectronics maintains strong partnerships with leading Chinese smart device manufacturers and has served major consumer electronics brands and two of the top five Chinese automotive companies [5]. Product Applications - The company's product offerings cover four main application areas: tablets/laptops, smartphones, smart wearables, and automotive displays, with sizes ranging from 0.95 inches to 27 inches [6]. Financial Performance - The revenue figures for Huirui Optoelectronics are as follows: approximately 4.191 billion RMB in 2022, 3.038 billion RMB in 2023, and projected 4.958 billion RMB in 2024 [6][7]. - The company reported losses of approximately 1.601 billion RMB in 2022, 3.244 billion RMB in 2023, and projected losses of 2.518 billion RMB in 2024 [6][7].

Core Viewpoint - Everdisplay Optronics (Shanghai) Co., Ltd. is seeking to list on the Hong Kong Stock Exchange after a previous application was invalidated, with a current market capitalization of approximately RMB 37.6 billion as of October 23, 2025 [2]. Company Overview - Established in 2012, Everdisplay Optronics is a leading manufacturer of AMOLED semiconductor display panels, focusing on developing low-power displays with exceptional color accuracy and visual experience [3]. - The company ranks third globally and first in China for large-sized AMOLED semiconductor display panel manufacturing by sales volume in 2024 [4]. Market Position - In the tablet and notebook computer sector, Everdisplay Optronics holds the second position globally and first in China, with a market share of 63.4% among Chinese manufacturers [4]. - The company is also the fourth largest globally and second in China for automotive display panels by sales volume in 2024 [4]. Product Matrix - The company has diversified its product offerings across various sectors, including tablets, smartphones, wearables, and automotive displays, while also exploring emerging applications in aviation displays [7]. - Everdisplay Optronics operates 4.5-generation and 6-generation AMOLED production lines, capable of producing rigid, flexible, and hybrid AMOLED displays [7]. Financial Performance - The company's revenue for the years 2022, 2023, 2024, and the first half of 2025 were RMB 4.19 billion, RMB 3.04 billion, RMB 4.96 billion, and RMB 2.67 billion respectively, with corresponding net losses of RMB 1.60 billion, RMB 3.24 billion, RMB 2.52 billion, and RMB 839 million [13][14]. - The revenue breakdown shows that AMOLED products accounted for 99% of total revenue in 2022, decreasing slightly to 97.3% in the first half of 2025 [8]. Shareholder Structure - Prior to the Hong Kong listing, the major shareholder is Shanghai United, wholly owned by the Shanghai State-owned Assets Supervision and Administration Commission, holding approximately 58.35% of shares [10][11]. - Other significant shareholders include the Integrated Circuit Fund Company with 10.48% and various A-share shareholders holding 28.21% [10][11]. Management Team - The board of directors consists of 10 members, including 2 executive directors and 4 non-executive directors, along with 4 independent non-executive directors [12][13].

Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited and the Securities and Futures Commission take no responsibility for the contents of this Application Proof, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this Application Proof. Application Proof of Everdisplay Optronics (Shanghai) Co., Ltd. 上海和輝光電股份有限公司 (the "Company") ( ...

Group 1 - The core point of the news is that Shanghai Hehui Optoelectronics Co., Ltd. (referred to as Hehui Optoelectronics) submitted its Hong Kong IPO prospectus on April 23, 2023, which has now expired after six months on October 23, 2023, with China International Capital Corporation (CICC) as the sole sponsor [1] - Hehui Optoelectronics is recognized as a global leader in the manufacturing of AMOLED semiconductor display panels, focusing on research and development to provide extraordinary color accuracy, excellent visual experiences, and low power consumption [2] - According to a report by Zhi Shi Consulting, Hehui Optoelectronics ranks second globally and first in China in terms of cumulative sales volume of large-sized AMOLED semiconductor display panels from 2022 to 2024 [2]

Group 1 - The core point of the news is that Shanghai Hehui Optoelectronics Co., Ltd. (stock code: 688538.SH) submitted its Hong Kong IPO prospectus on April 23, 2023, which has now expired after six months on October 23, 2023, with China International Capital Corporation serving as the sole sponsor [1] Group 2 - Hehui Optoelectronics is a leading manufacturer of AMOLED semiconductor display panels globally, focusing on the research and production of panels that provide extraordinary true colors, excellent visual experiences, and low power consumption [2] - According to a report by Zhi Shi Consulting, Hehui Optoelectronics ranks second in the global market for large and medium-sized AMOLED semiconductor display panel manufacturers in terms of cumulative sales from 2022 to 2024, and it is the number one manufacturer in China [2]

Group 1 - The core point of the article is that Shanghai Hehui Optoelectronics Co., Ltd. (stock code: 688538.SH) submitted its Hong Kong IPO prospectus on April 23, 2023, which has now expired after six months on October 23, 2023, with China International Capital Corporation serving as the sole sponsor [1] - Hehui Optoelectronics is a leading manufacturer of AMOLED semiconductor display panels globally, focusing on the research and production of panels that provide exceptional color accuracy, superior visual experiences, and low power consumption [2] - According to a report by Frost & Sullivan, Hehui Optoelectronics ranked second in global sales volume of large and medium-sized AMOLED semiconductor display panels from 2022 to 2024, and it is the number one manufacturer in China [2]

Core Points - The company, Shanghai Huhui Optoelectronics Co., Ltd., is in the process of applying for the issuance of overseas listed foreign shares (H shares) and plans to list on the Hong Kong Stock Exchange [1][2] - The company has received a filing notice from the China Securities Regulatory Commission (CSRC) regarding its overseas issuance and listing [1] - The company intends to issue no more than 2,802,501,000 ordinary shares for overseas listing [1] Regulatory Compliance - The company must report any significant events to the CSRC through the filing management information system from the date of the filing notice until the completion of the overseas issuance and listing [2] - Within 15 working days after the completion of the overseas issuance and listing, the company is required to report the issuance and listing situation to the CSRC [2] - The company must comply with relevant laws, regulations, and rules during the overseas issuance and listing process [2] Future Actions - If the company does not complete the overseas issuance and listing within 12 months from the date of the filing notice, it must update its filing materials to continue the process [3] - The filing notice confirms the company's overseas issuance and listing filing information but does not imply any substantive judgment or guarantee regarding the investment value of the company's securities by the CSRC [3] - The company still needs to obtain approvals from the Hong Kong Securities and Futures Commission and the Hong Kong Stock Exchange, indicating that there are uncertainties regarding this matter [3]