证券代码：688538 证券简称：和辉光电 公告编号：2025-050 上海和辉光电股份有限公司 关于发行境外上市外资股（H 股）获得中国证监会备 案的公告 上海和辉光电股份有限公司（以下简称"公司"）正在进行申请发行境外上 市外资股（H 股）并在香港联合交易所有限公司（以下简称"香港联交所"）主 板挂牌上市（以下简称"本次发行"）的相关工作。公司于近日收到中国证券监 督管理委员会（以下简称"中国证监会"）出具的《关于上海和辉光电股份有限 公司境外发行上市备案通知书》（国合函〔2025〕1798 号）（以下简称"备案通 知书"）。备案通知书主要内容如下： 一、公司拟发行不超过 2,802,501,000 股境外上市普通股并在香港联合交易 所上市。 二、自备案通知书出具之日起至本次境外发行上市结束前，公司如发生重大 事项，应根据境内企业境外发行上市有关规定，通过中国证监会备案管理信息系 统报告。 三、公司完成境外发行上市后 15 个工作日内，应通过中国证监会备案管理 信息系统报告发行上市情况。公司在境外发行上市过程中应严格遵守境内外有关 法律、法规和规则。 四、公司自备案通知书出具之日起 12 个月内未完成境外 ...

Core Insights - The stock of Hehui Optoelectronics fell by 2.18% on October 17, with a trading volume of 241 million yuan, indicating a decline in investor confidence [1] - The company reported a net financing outflow of 4.38 million yuan on the same day, with a total financing and securities balance of 559 million yuan, suggesting a high level of leverage [1] Financing Summary - On October 17, Hehui Optoelectronics had a financing purchase of 15.84 million yuan, with a current financing balance of 551 million yuan, representing 3.56% of its market capitalization [1] - The financing balance is above the 90th percentile of the past year, indicating a high level of borrowing [1] Securities Lending Summary - On October 17, the company repaid 235,500 shares in securities lending and sold 181,100 shares, with a selling amount of 487,200 yuan [1] - The remaining securities lending balance was 283,340 shares, valued at 762,180 yuan, also above the 90th percentile of the past year [1] Company Overview - Hehui Optoelectronics, established on October 29, 2012, focuses on the research, production, and sales of small to medium-sized AMOLED semiconductor display panels, with 97.16% of its revenue coming from this segment [1] - As of June 30, 2025, the company had 116,700 shareholders, a decrease of 4.23% from the previous period, while the average circulating shares per person increased by 4.42% to 49,279 shares [2] Financial Performance - For the first half of 2025, Hehui Optoelectronics reported revenue of 2.67 billion yuan, a year-on-year increase of 11.51%, but a net loss of 840 million yuan, which is a 34.32% increase in losses compared to the previous year [2] Institutional Holdings - As of June 30, 2025, major institutional shareholders include Huaxia SSE Sci-Tech 50 ETF, which increased its holdings by 62.56 million shares, and E Fund SSE Sci-Tech 50 ETF, which increased by 62.08 million shares [2]

Group 1 - The core viewpoint of the article highlights that Hehui Optoelectronics is a manufacturer of AMOLED semiconductor display panels, focusing on research and development to provide exceptional color accuracy, superior visual experiences, and low power consumption [2] Group 2 - According to Zhaoshi Consulting, the company has been dedicated to the R&D and production of AMOLED semiconductor display panels [2]

Core Viewpoint - Hehui Optoelectronics is a leading manufacturer of AMOLED semiconductor display panels, focusing on research and production to deliver exceptional color accuracy, superior visual experiences, and low power consumption [2] Company Summary - Hehui Optoelectronics ranks as the second largest global manufacturer of medium to large-sized AMOLED semiconductor display panels based on cumulative sales from 2022 to 2024, and it is the largest in China [2]

Core Viewpoint - Hehui Optoelectronics is a leading manufacturer of AMOLED semiconductor display panels, focusing on research and production that delivers exceptional color accuracy, superior visual experiences, and low power consumption [2] Company Summary - Hehui Optoelectronics ranks as the second largest global manufacturer of medium to large-sized AMOLED semiconductor display panels based on cumulative sales from 2022 to 2024, and it is the largest in China [2]

Core Viewpoint - Hehui Optoelectronics is a leading manufacturer of AMOLED semiconductor display panels, focusing on research and production to deliver exceptional color accuracy, superior visual experiences, and low power consumption [2] Company Summary - Hehui Optoelectronics ranks second globally and first in China in terms of cumulative sales volume of large and medium-sized AMOLED semiconductor display panels from 2022 to 2024, according to Zhi Shi Consulting [2]

Core Insights - On October 9, Hehui Optoelectronics experienced a 2.07% increase in stock price, with a trading volume of 569 million yuan [1] - The company reported a net financing purchase of 27.11 million yuan on the same day, with a total financing and securities balance of 543 million yuan [1] Financing Overview - On October 9, Hehui Optoelectronics had a financing purchase of 75.70 million yuan, with a current financing balance of 537 million yuan, representing 3.15% of its market capitalization [1] - The financing balance is above the 90th percentile level for the past year, indicating a high level of financing activity [1] Securities Lending Overview - On October 9, the company repaid 60,400 shares in securities lending and sold 81,900 shares, amounting to 242,400 yuan based on the closing price [1] - The remaining securities lending balance was 691,200 yuan, also exceeding the 90th percentile level for the past year [1] Company Profile - Hehui Optoelectronics, established on October 29, 2012, focuses on the research, production, and sales of small to medium-sized AMOLED semiconductor display panels [1] - The company's main revenue source is AMOLED semiconductor display panels, accounting for 97.16% of total revenue, with other sources contributing 2.84% [1] Shareholder Information - As of June 30, the number of shareholders for Hehui Optoelectronics was 116,700, a decrease of 4.23% from the previous period [2] - The average number of circulating shares per shareholder increased by 4.42% to 49,279 shares [2] Financial Performance - For the first half of 2025, Hehui Optoelectronics reported a revenue of 2.67 billion yuan, reflecting a year-on-year growth of 11.51% [2] - The company recorded a net profit attributable to shareholders of -840 million yuan, which is a 34.32% increase compared to the previous year [2] Institutional Holdings - As of June 30, the top ten circulating shareholders included several ETFs, with notable increases in holdings from various funds [3] - The largest institutional shareholder, Huaxia SSE Sci-Tech Innovation Board 50 ETF, held 294 million shares, an increase of 62.56 million shares from the previous period [3]

Core Insights - The stock of Hehui Optoelectronics-U experienced two block trades on October 9, totaling 15 million shares and a transaction amount of 44.1 million yuan, with a transaction price of 2.94 yuan, reflecting a discount of 0.68% compared to the closing price of the day [2][3] - Over the past three months, the stock has seen a total of 15 block trades, accumulating a transaction amount of 262 million yuan [2] - The closing price of Hehui Optoelectronics-U on the same day was 2.96 yuan, marking an increase of 2.07%, with a daily turnover rate of 3.34% and a total transaction amount of 569 million yuan [2] - The stock experienced a net outflow of 27.27 million yuan in main funds for the day, with a cumulative increase of 1.37% over the past five days and a total net outflow of 121 million yuan [2] Financing Data - The latest financing balance for the stock is 509 million yuan, which has increased by 124 million yuan over the past five days, representing a growth rate of 32.09% [3] - Hehui Optoelectronics Co., Ltd. was established on October 29, 2012, with a registered capital of 1.3809437625 billion yuan [3]

Group 1 - On October 9, Hehui Optoelectronics executed a block trade of 15 million shares, with a transaction value of 44.1 million yuan, accounting for 7.19% of the total trading volume for the day [1] - The transaction price was 2.94 yuan, which represents a discount of 0.68% compared to the market closing price of 2.96 yuan [1]

Group 1 - The company Hehui Optoelectronics-U executed two block trades on September 29, totaling 10 million shares with a transaction amount of 28.3 million yuan, at a price of 2.83 yuan, reflecting a discount of 0.70% compared to the closing price of the day [2][3] - Over the past three months, the stock has recorded a total of 13 block trades, with a cumulative transaction amount of 218 million yuan [2] - The closing price of Hehui Optoelectronics-U on the same day was 2.85 yuan, down 2.73%, with a daily turnover rate of 3.21% and a total transaction amount of 526 million yuan, indicating a net outflow of 10.24 million yuan in main funds [2] Group 2 - The latest margin financing balance for the stock is 486 million yuan, which has increased by 114 million yuan over the past five days, representing a growth rate of 30.55% [3] - Hehui Optoelectronics Co., Ltd. was established on October 29, 2012, with a registered capital of 1,380,943,762.5 yuan [3] - The block trade details on September 29 include two transactions of 5 million shares each at a price of 2.83 yuan, both executed by different brokerage firms [3]