The first listed company of the Year of the Horse on the STAR Market, Shiya Technology, is listed today!

(Source: FOFWEEKLY)

On March 25, 2026, VisionMax Technology Co., Ltd. (Stock code: 688781.SH) was officially listed on the Shanghai Stock Exchange STAR Market, becoming the “first share” of the STAR Market issuance for the Year of the Horse.

VisionMax Technology rings the bell for its listing

In the era of artificial intelligence, on-device AI devices have become the core intersection between technological innovation and market demand. XR terminals are also widely seen as the next generation of intelligent display terminals that will replace smartphones, and the silicon-based OLED micro-display technology is the key cornerstone of this track. Since its founding in 2016, VisionMax Technology has remained focused on the R&D and manufacturing of high-performance silicon-based OLED micro-display products. Through independent innovation, it has successively tackled a series of key core technologies, including proprietary silicon-based OLED strong micro-cavity technology and high-efficiency stacked OLED full-color technology, building a globally leading, systematized technological barrier.

At present, VisionMax Technology has become a globally scarce leader in silicon-based OLED technology and a world-leading provider of micro-display end-to-end solutions. Its core product, the silicon-based OLED micro-display screen, as the key hardware for XR terminals, is widely used in mid-to-high-end applications such as XR terminals, unmanned aerial vehicle flight goggles (), thermal imaging, and medical devices, thanks to advantages including high resolution, high contrast, low power consumption, and wide color gamut. Its customers cover major leading terminal manufacturers at home and abroad, and it has established deep strategic cooperation with top global technology companies.

China Internet Investment Fund is a national-level industrial investment fund in the information network field. It has always focused on important areas such as core internet infrastructure and facilities, artificial intelligence, and cybersecurity, and it identifies and cultivates high-quality companies with core technological advantages that align with the direction of national strategy.

Group photo at the Shanghai Securities Building (center: VisionMax Technology founder and Chairman Gu Tie; right seven: Wu Hai, Chairman of China Internet Investment Fund)

This listing is a milestone moment after VisionMax Technology’s decade-long deep cultivation in the micro-display field. It is also an important achievement for China Internet Investment Fund to carry out its investment strategy of “making up for weaknesses, strengthening strong points, and laying out the frontiers,” and to help domestic technological breakthroughs in the field of AI core hardware. China Internet Investment Fund will move forward side by side with companies, witnessing China’s micro-display industry stepping into the global leading ranks and injecting strong domestic momentum into the development of the on-device AI industry. In the future, China Internet Investment Fund will continue to deploy in key areas such as semiconductors and artificial intelligence, fully leverage its platform advantages and resource integration capabilities, provide diversified post-investment services to enterprises, and accompany more high-quality STAR Market tech innovators as they grow and grow stronger.

Source: China Internet Investment Fund

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