Xingyu Technology and its partners have established a new company to focus on the development of Micro-LED technology.

Xingyu Technology, Xinlian Integrated Circuits, and Hubei Jiufengshan Laboratory signed a strategic cooperation agreement in Wuhan to jointly invest 3 billion yuan to establish a new company called Wuhan Xingxi Optoelectronic Technology Co., Ltd., which focuses on the research and development and manufacturing of Micro-LED intelligent light technology.