New Stock News | EDO and others plan Hong Kong IPO and have received material acceptance from the China Securities Regulatory Commission
I'm LongbridgeAI, I can summarize articles.EDO, CNGR, and Fibocom plan to conduct an initial public offering (IPO) in Hong Kong and have received material acceptance from the China Securities Regulatory Commission. EDO is a global leader in AMOLED semiconductor display panel manufacturing, CNGR is a global leader in lithium-ion battery cathode materials, and Fibocom is a leading supplier of wireless communication modules
According to Zhitong Finance APP, on May 16, the China Securities Regulatory Commission (CSRC) released the registration status of domestic enterprises issuing securities and listing abroad (initial public offerings and full circulation) (as of May 16, 2025). This week (May 12-16), Hehui Optoelectronics (688538.SH), CNGR (300919.SZ), and Fibocom (300638.SZ) have submitted materials for their proposed Hong Kong IPOs to the CSRC.

According to the Hong Kong Stock Exchange's disclosure on April 23, Shanghai Hehui Optoelectronics Co., Ltd. (abbreviated as: Hehui Optoelectronics (688538.SH)) has submitted its application to the main board of the Hong Kong Stock Exchange, with China International Capital Corporation as the sole sponsor. The prospectus shows that Hehui Optoelectronics is a global leader in the manufacturing of AMOLED semiconductor display panels, focusing on the research and development and production of AMOLED semiconductor display panels that provide extraordinary true colors, excellent visual experiences, and low power consumption. According to Frost & Sullivan, based on cumulative sales from 2022 to 2024, the company ranks second globally among large-sized AMOLED semiconductor display panel manufacturers and first in China.
According to the Hong Kong Stock Exchange's disclosure on April 22, CNGR (300919.SZ) has submitted its application to the main board of the Hong Kong Stock Exchange, with Morgan Stanley and Huatai International as its joint sponsors. According to the prospectus, CNGR is an innovative new energy materials company. Since 2020, the company has been the global leader in the shipment volume 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, CNGR was also the top supplier of phosphate pCAM in the global export market.
According to the Hong Kong Stock Exchange's disclosure on April 25, Shenzhen Fibocom Wireless Co., Ltd. (abbreviated as: Fibocom) has submitted its application to the main board of the Hong Kong Stock Exchange, with CITIC Securities as its sole sponsor. According to the prospectus, Fibocom is a global leader in wireless communication module provision. The company's module products include: (i) data transmission modules, (ii) smart modules, and (iii) AI modules. At the same time, based on its module products and deep understanding of downstream application scenarios, the company provides customized solutions to customers, including: (i) edge AI solutions, (ii) robotic solutions, and (iii) other solutions
