Recently, Kunyou Optoelectronics completed nearly 400 million B+ round of financing. This round of financing was participated by CITIC Zhengye Xinye Industrial Fund, Yunfeng Fund, Pudong Science and Technology Innovation Group Haiwang Capital, Jianxin (Beijing) Investment, Mingsheng Capital, Yuanmai Capital, Yingrui Capital, the core alliance enterprise of Cinnamon Garden, and other strategic and financial investment institutions; and the old shareholders, KunZhong Capital, Huadeng International, Lingang Science and Technology Innovation Venture Capital, Yuan Jing Capital, Yuanhe Chenkun, and Morning Glory Venture Capital, etc, continued to follow up on the investment.

The company said that this round of financing will be used to further enhance the company's wafer-level optical capabilities, fully cooperate with important customers and important partners, and upgrade the R&D mass production system closed loop. The first phase of KunYou Optoelectronics' Shanghai Lingang base with nearly 10,000 square meters of ultra-clean room has been completed and put into use; along with the end of this financing, the second phase has officially entered into substantive planning. For the company's current main product sequence:

(1) Optical chips for 3D sensing have been introduced into mass production. This series of products in the domestic first-tier flagship cell phone models scale shipments, the next step will continue to expand new types of 3D products (such as dToF, short-range radar, etc.), as well as new needs (such as sweeping robots, door locks, biometrics, etc.);

(2) The company's vehicle-mounted LiDAR LiDAR with micro-nano optical module in the second half of this year successfully passed the customer mass production certification, and will be in the international first-tier new energy vehicles from the first quarter of 2022 on the mainstream models of mass production introduction;

(3) AR augmented reality display as an important strategic direction, the company accelerated the expansion of AR diffraction optical waveguide R & D and mass production capacity. The company & ldquo; free & rdquo; series of products since 2020 into small-scale mass production, is steadily climbing scale, performance and category is according to the established R & D program high-speed iteration;

(4) for the future, the company to further develop new technologies and new needs of the development direction, in the car HUD, ultra-surface and ultra-lens, optical computing and other areas to expand the R & D layout.