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Olay New Materials (688530.SH): Plans to increase capital of 50 million yuan to Hefei Ole for high-end sputtering target production base project (Phase I)
Gelonghui, May 23 | Olay New Materials (688530.SH) announced that in order to successfully advance the construction of the company's fund-raising project, the company plans to increase capital by 50 million yuan to its wholly-owned subsidiary Hefei Ole Advanced Materials Co., Ltd. (“Hefei Olai”) for the high-end sputtering target production base project (Phase I), using raised capital of 37.579 million yuan and using its own capital of 124.201 million yuan; at the same time, it plans to increase capital by 95 million yuan to the wholly-owned subsidiary Guangdong Ole New Metal Materials Co., Ltd. (“Ole Metal”) for the construction of a high-purity oxygen-free copper production base projects, in which fund-raising is used
Olay New Materials (688530.SH): As of May 20, 2024, the number of shareholders of the company was 15,740
Gelonghui, May 21丨Olay New Materials (688530.SH) said on an interactive platform that as of May 20, 2024, the number of shareholders of the company was 15,740.
Olay New Materials (688530.SH): It has now entered the supply chain of some composite fluid collector positive and negative electrode materials and coating equipment manufacturers
Gelonghui, May 16 | Olay New Materials (688530.SH) said on the interactive platform that the company continues to promote product development and technological upgrading, and continues to expand the scope of product applications. It has now entered the supply chain of some manufacturers of composite fluid collector positive and negative electrode materials and coating equipment.
Olay New Materials (688530.SH): Some products are already used for integrated circuit packaging
Gelonghui, May 16 | Olay New Materials (688530.SH) said on an interactive platform that some of the company's products are already used in integrated circuit packaging.
Olay New Materials (688530.SH): The high-performance sputtering targets produced can be applied to the next generation of high-performance oxide TFT display technology
Gelonghui, May 16 | Olay New Materials (688530.SH) said on the interactive platform that the high-performance sputtering targets produced by the company can be applied to next-generation high-performance oxide TFT display technology, and can be used in various LCD-TFT, Mini/micro-LED and OLED flat panel display products, which can significantly improve display response speed and resolution. Currently, related products are in the mass production verification stage.
China Shares Jump Over Trade Surplus Rebound; Omat Advanced Materials Soars 170% on Debut
Chinese shares advanced as sentiment improved over the rebound of China's trade surplus. The Shanghai Composite Index, the main gauge of China's stocks, added 0.8%, or 25.84 points, to end Thursday's
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