Jiwei Network News On March 18, Lite Optoelectronics officially landed on the Science and Technology Innovation Board of the Shanghai Stock Exchange. The company's securities code is 688150, the issue price is 22.05 yuan / share, corresponding to a price-earnings ratio of 133.71 times.
However, on the first day of listing, Lite Optoelectronics broke at the opening, and as of the close of the afternoon session, Lite Optoelectronics fell 12.24% to 19.35 yuan, with a total market value of 7.787 billion yuan.
According to the data, Wright Optoelectronics is mainly engaged in the research and development, production and sales of OLED organic materials. The company's OLED organic material products include OLED terminal materials and OLED intermediates. The company's current mass-produced OLED terminal materials are mainly Red Prime materials and hole transport layer materials in the luminescent layer material. OLED intermediates are front-end products for the production of OLED end materials.
At present, Lite Optoelectronics has realized the mass production and sales of a variety of OLED organic materials. From 2018 to the first half of 2021, the company's OLED organic materials revenue was 82.5597 million yuan, 177.9814 million yuan, 233.8496 million yuan and 147.9893 million yuan, accounting for 100.00%, 99.19%, 95.31% and 100.00% of the main business income, respectively.
It is understood that Wright Optoelectronics OLED terminal material products have patent protection, the company through excellent product performance and its own patents, broke the patent blockade of foreign manufacturers, into the OLED panel core manufacturers supply chain system. Its customers include customers including BOE, Huaxing Optoelectronics, Hehui Optoelectronics and other world-renowned display panel manufacturers.
Lite Optoelectronics said that the company with product advantages, cost advantages and service advantages, in a number of OLED terminal materials are changing the monopoly situation by foreign manufacturers, driving the decline in the price of OLED terminal materials of foreign manufacturers, is conducive to the decline in the cost of domestic OLED display panel manufacturers, and promotes the continuous improvement of the international competitiveness of mainland OLED display panel manufacturers and the transfer of OLED global industrial centers to China. (Proofreading/Lee)