Jilin OLED(SH:688378) Shang Hai Zheng Quan Bao·2025-08-22 21:18Core Viewpoint - The report provides a detailed account of the fundraising activities and the usage of funds by Jilin Aolide Optoelectronic Materials Co., Ltd., highlighting the company's commitment to transparency and compliance with regulatory requirements [3][27]. Group 1: Company Overview - Jilin Aolide Optoelectronic Materials Co., Ltd. is listed under the stock code 688378 and is involved in the development of optoelectronic materials [3]. - The company has undergone significant fundraising activities, including an initial public offering (IPO) in 2020 and a subsequent issuance of shares to specific investors in 2022 [4][5]. Group 2: Fundraising Details - In the 2020 IPO, the company raised a total of RMB 1,144,042,394, with a net amount of RMB 1,060,238,400 after deducting issuance costs [4]. - The 2022 issuance involved 4,951,599 shares at a price of RMB 18.47 per share, raising a total of RMB 91,456,033.53, with a net amount of RMB 88,987,600.33 after costs [6]. Group 3: Fund Usage and Management - As of June 30, 2025, the company has utilized RMB 1,072,801,287.69 of the funds raised from the 2020 IPO, with a remaining balance of RMB 35,235,835.47 [7]. - The company has established a management system for the use of raised funds, ensuring compliance with regulations and protecting shareholder interests [10]. - The funds from the 2022 issuance have been fully allocated to supplement working capital as planned [8]. Group 4: Project Updates - The company has initiated projects such as the development of perovskite solar cell evaporation equipment and low-cost organic perovskite materials, with adjustments made to project timelines based on market conditions [24][25]. - The company has reported that certain projects are in the research and development phase and are not yet generating revenue, which complicates the assessment of their economic benefits [29].