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China’s photomask leader successfully IPO, raise funds to increase investment in flat display mask and semiconductor chip mask Hay:I03SZQY

On May 24, the Shanghai Stock Exchange updated the list of successful IPO companies, and SZQY Optoelectronic Materials Co., Ltd., which is engaged in R & D, design, production and sales of mask versions, was listed.

SZQY Optoelectronics prospectus shows that the company's products are mainly used in flat panel display, semiconductor chip, touch, circuit board and other industries, and are key tools in the product manufacturing process of downstream industries. In the field of flat panel display, the company has customers such as BOE, Tianma, Huaxing Optoelectronics, Innolux, Hanyu Caijing, Longteng Optoelectronics, Truly, CLP Panda, and Visionox; in the field of semiconductor chips, the publisher has developed SMIC , Intel, Iker, Shanbang Technology, Changdian Technology, Silan Micro, etc.

The prospectus disclosed that the operating income of SZQY Optoelectronics in 2016, 2017 and 2018 was 315 million yuan, 319 million yuan and 407 million yuan respectively; the net profit attributable to the owner of the parent company was 45.736 million yuan, 38.858 million yuan, 62,654,800 yuan. 

SZQY Optoelectronics said that the company's raised funds will focus on the production and research and development of flat panel masks and semiconductor chip masks, which is a technological innovation field that matches the national strategic needs.

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