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]

Core Viewpoint - Shanghai Hehui Optoelectronics Co., Ltd. has announced its plan to issue up to 2.802501 billion overseas listed ordinary shares and list on the Hong Kong Stock Exchange, marking the company's formal initiation of international capital operations [2] Company Overview - Hehui Optoelectronics focuses on the research, production, and sales of high-resolution AMOLED semiconductor display panels, which are primarily used in consumer electronic products such as tablets, laptops, smartphones, and smart wearables [2] Market Position - According to the latest data from a third-party market research firm, Hehui Optoelectronics ranks second among global manufacturers of large-sized AMOLED semiconductor display panels from 2022 to 2024, while holding the top position in the Chinese market [2] Strategic Importance - The move to list in Hong Kong is viewed as a significant strategic initiative for Hehui Optoelectronics to deepen its global footprint. The company aims to leverage capital market financing to expand production capacity and enhance research and development capabilities, thereby solidifying its technological leadership in the AMOLED display sector [2]

Core Viewpoint - The company, Hehui Optoelectronics, is in the process of applying for the issuance of overseas listed foreign shares (H shares) and plans to list on the main board of the Hong Kong Stock Exchange [2] Summary by Sections - **Issuance Details** - The company intends to issue no more than 2,802,501,000 overseas listed ordinary shares for listing on the Hong Kong Stock Exchange [2] - **Regulatory Compliance** - The company must report any significant events to the China Securities Regulatory Commission (CSRC) through the management information system during the period from the issuance of the filing notice until the completion of the overseas issuance [2] - After the completion of the overseas issuance, the company is required to report the issuance and listing situation to the CSRC within 15 working days [2] - The company is obligated to strictly adhere to relevant laws, regulations, and rules during the overseas issuance process [2] - **Filing Validity** - If the company does not complete the overseas issuance within 12 months from the issuance of the filing notice, it must update the filing materials if it intends to continue the process [2]

Core Viewpoint - Hehui Optoelectronics is planning to issue up to 2,802,501,000 overseas listed shares and list on the Hong Kong Stock Exchange, aiming to enhance its international strategy and financing capabilities [2][5]. Company Overview - Hehui Optoelectronics focuses on the research, production, and sales of high-resolution AMOLED semiconductor display panels, which are primarily used in consumer electronics such as tablets, laptops, smartphones, and smart wearables. The company is also developing products for specialized display fields including automotive, aviation, desktop, smart home, industrial control, and medical displays [4]. Financial Performance - In the first half of this year, Hehui Optoelectronics achieved operating revenue of 2.67 billion yuan, a year-on-year increase of 11.51%. The company's losses significantly narrowed, improving by 439 million yuan compared to the previous year. The adjusted net profit loss also showed improvement, with EBITDA reaching 473 million yuan, marking a turnaround from losses. The net cash flow from operating activities was 233 million yuan, a substantial increase of 856% year-on-year [4]. Market Segmentation - In the tablet and laptop sectors, Hehui Optoelectronics saw both sales volume and average selling price increase year-on-year, leading to a substantial revenue growth of 83.18% in this area. In the smartphone and smart wearable sectors, the company's product gross margin continued to improve [4]. Listing Purpose - The application for listing on the Hong Kong Stock Exchange is intended to accelerate the company's internationalization strategy and overseas business layout, enhance its overseas financing capabilities, and expand financing channels. Through the H-share listing, Hehui Optoelectronics aims to increase the production capacity ratio of high-end AMOLED panels, enhance product added value, and strengthen overall competitiveness while building an international brand influence [5].

Core Viewpoint - Company has received a notification from the China Securities Regulatory Commission regarding its plan to issue up to 2.8025 billion overseas listed ordinary shares and list them on the Hong Kong Stock Exchange [1] Group 1 - The issuance of shares must be completed within 12 months from the date of the notification; otherwise, the company will need to update its filing materials if it intends to continue [1] - The company acknowledges that there are uncertainties associated with this matter and will fulfill its information disclosure obligations as required by law [1]

Core Viewpoint - The company, Hehui Optoelectronics, is in the process of applying for the issuance of overseas listed foreign shares (H shares) and plans to list on the main board of the Hong Kong Stock Exchange [1] Group 1 - The company has recently received a notification from the China Securities Regulatory Commission regarding the filing for overseas issuance and listing [1] - The company intends to issue no more than 2.803 billion overseas listed ordinary shares for the listing in Hong Kong [1]

Core Viewpoint - The company, Hehui Optoelectronics (688538.SH), is in the process of applying for the issuance of overseas listed foreign shares (H-shares) and plans to list on the main board of the Hong Kong Stock Exchange [1] Summary by Sections - The company intends to issue up to 2,802,501,000 overseas listed ordinary shares for listing on the Hong Kong Stock Exchange [1] - Upon the issuance of the registration notice by the China Securities Regulatory Commission (CSRC), the company must report any significant events that occur before the completion of the overseas issuance and listing [1] - The company is required to report the issuance and listing status through the CSRC's filing management information system within 15 working days after the completion of the overseas issuance and listing [1] - The company must strictly comply with relevant laws, regulations, and rules during the overseas issuance and listing process [1] - If the company does not complete the overseas issuance and listing within 12 months from the issuance of the registration notice, it must update the filing materials if it intends to continue the process [1]