Increased investment in MicroLED, etc., Qingyi Optoelectronics’ 1.2 billion yuan fixed increase was approved by the Shanghai Stock Exchange

On February 21, the official website of the Shanghai Stock Exchange showed that Shenzhen Qingyi Optoelectronics Co., Ltd.’s issuance of shares to specific targets has been approved by the Listing Review Center of the Shanghai Stock Exchange. The private placement was approved and the stock is planned to be listed on the Shanghai Stock Exchange's Science and Technology Innovation Board.

Information shows that Qingyi Optoelectronics is mainly engaged in the research and development, design, production and sales of masks. The company provides a-Si, LTPS, AMOLED and Micro LED masks in the field of flat panel displays; in the semiconductor field, its products cover IC Foundry, IC Bumping and IC Substrate masks, and its service targets include power semiconductors, third-generation semiconductors, LED and other application fields.

In August 2024, Qingyi Optoelectronics’ private placement application was accepted by the Shanghai Stock Exchange. The company plans to raise 1.2 billion yuan of funds through private placement for the first phase of the high-precision mask production base construction project and the first phase of the high-end semiconductor mask production base construction project.

Among them, the "High-precision Mask Production Base Construction Project Phase I" is implemented by the subsidiary Foshan Qingyi Optoelectronics, with a planned investment of 800 million yuan and the planned use of raised funds of 600 million yuan. It mainly produces high-precision masks for generation 8.6 and below, which are used in flat-panel display mask products such as a-Si, LTPS, AMOLED, LTPO, and Micro LED.

In terms of project progress, in January this year, the "High-Precision Mask Production Base Construction Project" held a capping ceremony.

The "High-end Semiconductor Mask Production Base Construction Project Phase I" is implemented by the subsidiary Foshan Qingyiwei. The products cover high-end semiconductor masks with processes from 250nm to 65nm. It plans to invest 605 million yuan and plans to use 600 million yuan of raised funds.

In addition, Qingyi Optoelectronics announced on December 17 that in order to meet the needs of its wholly-owned subsidiary In order to meet the production and operation needs of Foshan Qingyi Optoelectronics Co., Ltd. and enhance its comprehensive competitiveness, the company decided to increase its capital investment by RMB 400 million in Foshan Qingyi with its own funds. After the capital increase is completed, Foshan Qingyi's registered capital will increase to RMB 600 million.

In terms of customer resources, Qingyi Optoelectronics has established cooperative relationships with major domestic flat panel display panel manufacturers. The customers it serves include BOE, Visionox, Huike Co., Ltd., Shentianma, CSOT, Truly, Longteng Optoelectronics, Innolux, Hannstar Color Crystal, etc.

In addition, in terms of semiconductor mask business, Qingyi Optoelectronics’ customers include Xinlian Integrated, Sanan Optoelectronics, Aike, Silan Micro, Tyco Tianrun, Jita Semiconductor, China Microelectronics, Saiwei Electronics and Changdian Technology.