Public information, Vogo's main business is FPD optoelectronic glass finishing, customers mainly for display panels, touch display modules and other flat panel display industry chain enterprises, major customers include Shenzhen Tianma, BOE, TCL Group, Chunghwa Picture Tubes , Leybold Tech and many other well-known large-scale industries.
According to the disclosure, Vogar plans to raise 738 million yuan through this IPO, of which 60 million yuan will be used to replenish working capital. The rest will be invested in TFT-LCD glass finishing projects, special functional coating finishing projects and R & D center construction projects.
According to the report shows that the overall GPM gross margins higher than the industry average reason, VOG Optoelectronics said that the company's main raw material FPD photovoltaic glass provided by the customer, the cost of the main finishing costs used in the production of accessories, Labor costs, depreciation costs related to plant equipment and utilities costs such as manufacturing costs, the company through the optimization process, enhance the technical level, strengthen quality management, and establish a sound cost control system.