On January 14, Chenxian Optoelectronics and Chumi Zhixian officially signed a strategic cooperation agreement. The two parties will focus on the research and development of next-generation display technology and high-end display product innovation, and build an all-round cooperation ecosystem covering technical collaboration, product co-creation and market expansion. According to the agreement, the two parties will integrate their respective core resources and focus on three major cooperation directions: technical co-research level, focusing on joint research on next-generation display technology and system-level experience, and simultaneously promoting engineering verification and implementation transformation of innovative results; Product co-creation level, accurately match the needs of home audio and video scenes and high-end commercial displays, and create customized display solutions; At the market expansion level, relying on the global channel layout advantages of pursuing Smart Display, combined with Chenxian Optoelectronics 'hard strength in the fields of display technology research and development and large-scale manufacturing, we will accelerate the market-oriented application of related technologies in core scenarios such as home audio and video and commercial displays.

Public information shows that Chasing Technology started with the high-speed motor business and gradually deepened the field of intelligent cleaning, forming a product matrix with sweeping robots as the core. In recent years, the company has embarked on a diversified strategic layout, and its business boundaries have continued to broaden, gradually extending from smart cleaning home appliances to multiple tracks such as personal care, smart home, service robots, auto parts and even aerospace equipment, and continuously improving the intelligent ecological layout of the entire scene.
In September 2024, Chasing Technology officially established a new smart audio and video business group Chasing Smart Display, simultaneously launching products such as Mini LED 4K AI TV V3000 series, X1 Ultra display and panoramic surround echo wall PANOS2, quickly building a complete high-end audio and video product matrix. Working together with Chenxian Optoelectronics this time is expected to help Chasing Smart Display further enrich its product line, enter the field of high-end LED direct displays, and fill the layout gap in this market segment.
As a core subsidiary of Visionox, Chenxian Optoelectronics is deeply engaged in the research and development and industrialization of TFT glass-based Micro LED technology. It has invested 4 billion yuan in Chengdu High-tech Zone to build the first size TFT glass-based Micro LED mass production line in the mainland of China, laying a solid production capacity foundation for technology commercialization.
With its deep technical accumulation, Chenxian Optoelectronics has successfully launched a number of benchmark TFT glass-based Micro LED products, including the world's first mass-produced 135-inch P0.7 Micro LED splicing screen, 88-inch P0.5 TFT-based splicing screen, and the world's thinnest TFT-based Micro LED display. In November 2024, the company once again broke through the technical bottleneck and released the world's first 8K TFT-based Micro LED display; at the end of the same year, it successfully lit up its first 0.12-inch Micro LED micro display, continuing to refresh the industry's technological level.
With the increasing maturity of Micro LED technology, Chenxian Optoelectronics has accelerated the commercialization of technology and has successively established cooperative relationships with well-known companies such as Lehman Optoelectronics, Qingdao Haier Multimedia, AOC Philips, etc. to promote the application of Micro LED technology in commercial displays, smart homes and Innovative applications in the field of professional displays. This strategic cooperation with Chimu Zhixian will further broaden the commercialization path of Chenxian Optoelectronics technology and help its LED display technology achieve large-scale implementation in more consumption scenarios.
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