Huike Lists on Shenzhen Main Board to Raise RMB 8.5 Billion for OLED, Oxide and Mini-LED
Huike listed on the Shenzhen main board in June 2026, becoming an important global supplier of semiconductor display panels. The company plans to raise RMB 8.5 billion to fund OLED, Oxide and Mini-LED projects. In 2025, revenue reached RMB 40.897 billion, up 1.46%, with net profit attributable to shareholders of RMB 3.801 billion, up 14.49%. By 2024 shipment area, Huike ranked third globally in TV panels, fourth in monitor panels and third in smartphone panels, and led globally in 85-inch-and-above LCD TV panels with a 34.7% market share.
Huike was listed on the Shenzhen main board in June 2026. The company started from complete end-product manufacturing and, through more than two decades of industry cultivation, has built on vertical integration, technology iteration and global delivery capability to become an important global supplier of semiconductor display panels. Its business covers panels, modules and complete end products across multiple segments, forming a relatively complete industrial chain.
The company has established a proprietary technology system spanning panel design, backplane processes, module manufacturing and complete-unit validation. Its R&D strategy adopts a differentiated multi-track parallel approach, deepening its roots in a-Si TFT-LCD technology while also laying out Oxide backplanes, Mini-LED, OLED and other new display technologies. Oxide LCD monitors and notebook panels have reached mass production and sales; its first self-developed OLED smartphone panel has achieved first lighting; Mini-LED end products have entered mass production; and Micro-LED technology pre-research is underway in parallel.
By 2024 shipment area, the company ranked third globally in TV panels, fourth in monitor panels and third in smartphone panels. Among these, shipment area for LCD TV panels of 85 inches and above ranked first globally, with a 34.7% market share. Its products are supplied to multiple leading brand customers at home and abroad, forming a customer network spanning the globe.
In 2025, the company generated revenue of RMB 40.897 billion, up 1.46% year on year, with net profit attributable to shareholders of RMB 3.801 billion, up 14.49%. Leveraging four G8.6 high-generation production lines, the company focuses on large-size TV panels and IT panels, and has built a competitive edge in extra-large-size products. With an industrial chain running through panels, modules and complete end products, it can respond quickly to customized customer needs and optimize cost control.
The company has continued to invest in the industrialization of Oxide, Mini-LED and OLED technologies, while also expanding into automotive displays and commercial displays. This IPO plans to raise RMB 8.5 billion for the Changsha new OLED R&D upgrade project, the Changsha Oxide R&D and industrialization project, and the Mianyang Mini-LED intelligent manufacturing project, among others.
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