IPO News | Hehui Optoelectronics (688538.SH) and other proposed Hong Kong IPOs have been received by the China Securities Regulatory Commission

The Zhitong Finance App learned that on May 16, the China Securities Regulatory Commission issued an overseas securities issuance and listing filing schedule (initial public offering and full circulation) for domestic companies (as of May 16, 2025). This week (May 12-16), the proposed Hong Kong IPOs of Hehui Optoelectronics (688538.SH), Zhongwei Co., Ltd. (300919.SZ), and Guanghetong (300638.SZ) received materials from the China Securities Regulatory Commission.

According to the Hong Kong Stock Exchange disclosure on April 23, Shanghai Hehui Optoelectronics Co., Ltd. (688538.SH) for short) handed over the Hong Kong Stock Exchange main board, with CICC as the sole sponsor. According to the prospectus, Hehui Optoelectronics is the world's leading AMOLED semiconductor display panel manufacturer. It has long focused on R&D and production of AMOLED semiconductor display panels that can bring people extraordinary realistic colors, excellent visual experience, and low power consumption. According to the insight consultation, in terms of cumulative sales volume from 2022 to 2024, the company is ranked the second largest manufacturer of medium and large AMOLED semiconductor display panels in the world and number one in China.

According to the Hong Kong Stock Exchange's disclosure on April 22, Zhongwei Co., Ltd. (300919.SZ) submitted to the main board of the Hong Kong Stock Exchange, with Damo and Huatai International as co-sponsors. According to the prospectus, Zhongwei Co., Ltd. is a new energy materials company with innovation as its core. Since 2020, the company has been a leader in global shipments of nickel-based and cobalt-based lithium-ion battery cathode active material precursors (PCaM) for five consecutive years, and in the first quarter of 2025, Zhongwei Co., Ltd. was also the largest supplier of phosphorous PCam in the global export market.

According to the Hong Kong Stock Exchange's disclosure on April 25, Shenzhen Guanghetong Wireless Co., Ltd. (abbreviation: Guanghetong) submitted a statement to the main board of the Hong Kong Stock Exchange, and CITIC Securities is its sole sponsor. According to the prospectus, Guanghetong is the world's leading provider of wireless communication modules. The company's modular products include: (i) digital transmission modules, (ii) intelligent modules, and (iii) AI modules. At the same time, the company is based on modular products, combined with the company's deep understanding of downstream application scenarios to provide customers with customized solutions, including: (i) end-side AI solutions, (ii) robotics solutions, and (iii) other solutions.