Visionox(SZ:002387) Zheng Quan Shi Bao·2025-11-09 20:22Core Viewpoint - Hefei State-owned Assets has officially taken control of the panel leader Visionox (002387) through a planned issuance of A-shares to Hefei Jianshu Investment Co., Ltd. [1] Group 1: Company Control Change - Visionox announced that its stock will resume trading on November 10, 2025, following a planned issuance of 419 million shares at a price of 7.01 yuan per share, raising up to 2.937 billion yuan for working capital and debt repayment [1] - If the issuance is completed, Hefei Jianshu will become the controlling shareholder, with the actual controller changing to the Hefei Shushan District People's Government [1] Group 2: Market Position and Performance - Visionox is a leading enterprise in China's OLED industry, holding an 11.2% global market share in smartphone AMOLED panels in 2024, ranking third globally and second domestically [1] - In the global AMOLED smart wearable panel market, Visionox ranks first with a 27% shipment share in 2024 [1] Group 3: Historical Context and Future Plans - Hefei State-owned Assets began holding shares in Visionox in 2021, acquiring 160 million shares from the controlling shareholder at a price of 11 yuan per share, totaling 1.76 billion yuan [2] - The recent capital operation reflects the shareholder's strong support and confidence in Visionox's future [2] - Visionox plans to establish and operate an 8.6-generation flexible active matrix organic light-emitting diode production line, with a total investment of 55 billion yuan [2]