According to the Hong Kong Stock Exchange's disclosure on April 23, Zhiyitong Finance APP learned that Shanghai EDO Co., Ltd. (abbreviated as EDO (688538.SH)) has submitted an application to list on the main board of the Hong Kong Stock Exchange, with China International Capital Corporation as the sole sponsor.

The prospectus shows that EDO is a global leader in the manufacturing of AMOLED semiconductor display panels, focusing on the research and production of AMOLED semiconductor display panels that provide extraordinary true colors, excellent visual experiences, and low power consumption. According to ZhiShi Consulting, based on cumulative sales from 2022 to 2024, the company ranks second among global large and medium-sized AMOLED semiconductor display panel manufacturers and first in China.

The company focuses on promoting and facilitating the in-depth application of AMOLED display panels in a wide range of fields, especially in market areas with strong growth momentum and potential, continuously achieving performance growth. For example, from 2022 to 2024, based on annual sales volume, the company has consistently ranked among the top three globally in the tablet/laptop sector for three consecutive years, and first in China, with a market share of 73.3% among all Chinese manufacturers during the same period; in the automotive display sector, based on cumulative sales from 2022 to 2024, the company ranks fourth globally and second in China. The company's AMOLED semiconductor display panels have served leading consumer electronics brands such as Honor and Transsion, as well as two of China's top five automotive manufacturers. Additionally, the company's products have been adopted and used by a world-leading aircraft manufacturer headquartered in Europe.

The following image lists some related products equipped with the company's display panels by application field:

Through cross-industry technologies such as AI-enabled CPU/GPU processing and display driver integrated circuits, the company has created a diversified product matrix covering tablets/laptops, smartphones, smart wearables, and automotive displays, and is actively expanding into emerging application fields such as aviation displays, thereby broadening the company's technological vision. Currently, the company's 4.5-generation AMOLED production line mainly focuses on the smart wearable and smartphone sectors, while the 6th-generation AMOLED production line is primarily positioned in the tablet/laptop, automotive display, and smartphone sectors.

The company also has the production capacity for rigid, flexible, and hybrid display panels, allowing for the production of these different products on the same production line. The existing 4.5-generation and 6th-generation AMOLED production lines both have the capacity and technical capability to produce rigid, flexible, and hybrid products. In terms of rigid panels, according to ZhiShi Consulting, the company's capacity is expected to rank first in China and second globally by 2024, demonstrating a strong capacity advantage In terms of flexible products, the company has accumulated research and development innovations in flexible design and manufacturing technology, successfully launching products and achieving mass production using low-temperature polycrystalline silicon ("LTPS") and LTPO flexible display technology.

In terms of finance, for the fiscal years 2022, 2023, and 2024, EDO's revenue was approximately RMB 4.191 billion, RMB 3.038 billion, and RMB 4.958 billion, respectively; during the same period, the annual losses and total comprehensive losses were approximately RMB 1.602 billion, RMB 3.244 billion, and RMB 2.518 billion, respectively.