Shenzhen-based HKC has finalized its IPO process, and the company's shares now trade at the Shenzhen Stock Exchange.
HKC's trading code (ticker) is 001399. In the first day of trading, the company's stock jumped 315%, from 10 Yuan to 42 Yuan.
HKC raised 8.5 billion Yuan (almost $1.2 billion USD), which will be used to upgrade the company's OLED R&D center in Changsha ($350 million), and its Oxide R&D project. The funds will also be used towards its Mini-LED (and in the future MicroLED) direct view factory in Mianyang ($280 million). Total investments in these three projects will be around 9.5 billion Yuan ($1.35 billion USD).
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Posted: Jun 26,2026 by Ron Mertens
