China-based OLED material developer and producer Summer Sprout Technology has filed for an IPO at the Shanghai Stock Exchange. The stock exchange formally accepted its application to list at the Science and Technology Innovation Board.
According to the plan, Summer Sprout will list 49 million shares, and will raise 600 million RMB, or $88.2 million USD.
Summer Sprout plans to use the funds to renovate and expand its OLED material R&D and production center, construct a new Beijing headquarters and also establish a new R&D center in Beijing.
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Posted: Jul 07,2026 by Ron Mertens
