Yanshan Technology MicroLED new display device project goes into production

"Moganshan Fund" reported on May 23 that recently, the fund's invested company West Lake Yanshan Technology (Hangzhou) Co., Ltd. (hereinafter referred to as "Yanshan Technology") held a commissioning ceremony for a new Micro LED display device project with an annual output of 3 million units, marking the official launch of an 8-inch silicon-based gallium nitride Micro LED chip mass production line for the entire process from epitaxy to advanced packaging.

Image source: Moganshan Fund

Yanshan Technology focuses on the research and development and mass production of Micro LED display chips. It has core technologies such as MOCVD material growth, semiconductor thin film integration, Hybrid Bonding (hybrid bonding) and three-color vertical stacking. It mainly develops active light-emitting full-color Micro LED chips and modules.

In the field of micro-display, the company's products are used in AR glasses and micro-projection modules. Customers include AVIC, BYD, Sunny, Goertek, Rokid, Thunderbird, etc.; in the field of direct display, the company mainly supplies Micro LED chips, covering the commercial display, TV, watch and transparent screen markets. Partners include Samsung, BOE, China Star, Tianma, etc.

In terms of development history, in January 2025, Yanshan Technology signed a Micro LED chip project cooperation agreement with Zhejiang Deqing, focusing on the research and development of full-color AR/VR high-density chips; in September 2025, the company completed the entire Hybrid Bonding process on an 8-inch silicon-based gallium nitride platform and successfully lit up a large-size Micro LED panel.

In terms of financing history, in July 2025, the company completed nearly 100 million yuan in Pre-A round financing, jointly invested by Shenzhen Venture Capital, Ivy Capital, Moganshan Fund and Lenovo Venture Capital. In April this year, Yanshan Technology completed Series A financing, led by Haiwang Capital, with participation from institutions such as Oriental Jiafu, Ivy Capital, Jiupai Capital, and Chuang Ling Capital as a long-term financial advisor. (Compiled by LEDinside)

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