涨停！维信诺拟募资29.37亿元，将由合肥国资控股31.89%

Core Viewpoint - The company Visionox (维信诺) is undergoing a change in control, with Hefei Jianshu Investment Co., Ltd. (合肥建曙) planning to become the controlling shareholder of the OLED panel supplier [2] Group 1: Control Change and Stock Issuance - Hefei Jianshu currently holds 11.45% of Visionox's shares and plans to increase its stake to 31.89% through a stock issuance of 419 million A-shares at a price of 7.01 yuan per share, raising up to 2.937 billion yuan [2][3] - The stock issuance is subject to approvals from various regulatory bodies, including the State-owned Assets Supervision and Administration Commission and the China Securities Regulatory Commission [4] Group 2: Financial Performance and Strategy - Visionox has reported continuous losses in recent years, with revenues of 7.477 billion yuan, 5.926 billion yuan, 7.929 billion yuan, and 6.051 billion yuan for the years 2022, 2023, 2024, and the first three quarters of 2025, respectively, and net losses of -2.07 billion yuan, -3.726 billion yuan, -2.5 billion yuan, and -1.623 billion yuan [3] - The company aims to enhance its financial strength and operational capabilities through the raised funds, focusing on high-end OLED technology amidst fierce industry competition [3][4] Group 3: Industry Context - The OLED industry is experiencing intense competition, with major players like BOE, Visionox, TCL Huaxing, and Samsung all investing in 8.6-generation OLED production lines to expand into IT and automotive display markets [4] - The shift in competition is moving from scale to profitability as supply begins to outpace demand [4]