New stock news | Hongli Opto-Electronic (688538.SH) Hong Kong IPO prospectus invalid

Shanghai Hehui North Electro-Optic Co., Ltd. (referred to as Hehui Optoelectronics, 688538.SH) submitted its Hong Kong IPO prospectus on April 23, which expired after 6 months on October 23, with CICC as the sole sponsor at the time of submission. The prospectus shows that Hehui Optoelectronics is a leading global manufacturer of AMOLED semiconductor display panels, focusing on research and development and production of AMOLED semiconductor display panels that provide people with extraordinary true colors, outstanding visual experience, and low power consumption. According to Bright Insight Consultancy, in terms of cumulative sales from 2022 to 2024, the company ranks second globally in the production of large-size AMOLED semiconductor display panels, and first in China.