Core Viewpoint - Shenzhen Qingyi Optoelectronics Co., Ltd. has received approval for a targeted stock issuance to raise 1.2 billion RMB for the construction of high-precision mask production bases, indicating strong growth potential in the display and semiconductor sectors [1][2]. Group 1: Company Overview - Qingyi Optoelectronics specializes in the research, design, production, and sales of mask plates, serving both the flat panel display and semiconductor industries [1]. - The company provides various mask plates for applications including a-Si, LTPS, AMOLED, Micro LED, IC Foundry, IC Bumping, and IC Substrate [1]. Group 2: Fundraising and Investment Plans - The company plans to raise 1.2 billion RMB through a targeted issuance, with 800 million RMB allocated for the high-precision mask production base and 605 million RMB for the high-end semiconductor mask production base [1][2]. - The high-precision mask production base project is set to produce mask plates for a-Si, LTPS, AMOLED, LTPO, and Micro LED, with an investment of 800 million RMB [1][2]. Group 3: Project Progress - In January, the high-precision mask production base project held a topping-out ceremony, indicating progress in construction [2]. - The registered capital of the wholly-owned subsidiary, Foshan Qingyi Optoelectronics, will increase to 600 million RMB following a 400 million RMB capital increase to enhance its competitiveness [2]. Group 4: Client Relationships - Qingyi Optoelectronics has established partnerships with major flat panel display manufacturers, including BOE, Visionox, and Huike [2]. - In the semiconductor mask plate business, clients include Chipone, Sanan Optoelectronics, and Jiangsu Changjiang Electronics Technology [2].