Core Viewpoint - The article discusses the recent IPO progress of two suppliers of BOE Technology Group, namely Yulong Optoelectronics and Huigu New Materials, highlighting their financial performance and future plans for fundraising through public offerings [1][6]. Group 1: Yulong Optoelectronics - Yulong Optoelectronics has received approval for its IPO application on the Shenzhen Stock Exchange, aiming to raise 1 billion yuan [2][3]. - The company focuses on the development, production, and sales of intelligent control cards and precision functional devices for new semiconductor display panels, with applications in consumer electronics such as tablets, laptops, monitors, and TVs [3]. - Financial data shows steady growth in revenue from 749 million yuan in 2022 to an expected 1.095 billion yuan in 2024, with net profit increasing from approximately 66.84 million yuan to 121 million yuan during the same period [4]. - The company has a high customer concentration risk, with its largest client, BOE, accounting for over 53% of its revenue in recent years [4]. Group 2: Huigu New Materials - Huigu New Materials is set to have its IPO reviewed on December 9, 2025, with a focus on functional coating materials for various applications [6][8]. - The company reported revenue growth from 664 million yuan in 2022 to 817 million yuan in 2024, with a significant increase in net profit from approximately 26.84 million yuan to 142 million yuan [8]. - Huigu New Materials has successfully broken foreign monopolies in several segments, particularly in the electronic field, and has established partnerships with major clients like BOE and TCL [8]. - The company plans to raise funds for expanding production capacity and enhancing R&D capabilities, with a total investment of approximately 919 million yuan for various projects [9].