On March 25, 2026, SeeYA Technology Corporation (“SeeYA Technology”, stock code: 688781.SH) successfully listed on the STAR Market of the Shanghai Stock Exchange, marking the first new stock listing on the Shanghai market in the Year of the Horse. SeeYA Technology issued 100 million shares, with expected gross proceeds of approximately CNY 2.268 billion.
SeeYA Technology is a global leader in micro-display integrated solutions. Its core products are silicon-based OLED micro-displays. It also offers value-added services including strategic product development, optical systems, and comprehensive XR solutions. As a leading enterprise in China’s new display industry chain, SeeYA Technology firmly believes that silicon-based OLED displays will become the core hardware for next-generation intelligent terminals, such as XR devices. By integrating semiconductor technology, OLED display innovation, and advanced optical technologies, the company is committed to driving the strategic transformation of display terminals from mobile computing devices to AI-powered XR devices. SeeYA Technology has taken the lead in the industry by achieving mass production on the world’s first 12-inch silicon-based OLED production line and is among the few technology companies worldwide possessing full-stack in-house R&D capabilities spanning “display chips + micro-displays + optical system solutions”.
Fangda acted as the issuer’s counsel and participated throughout the listing process, assisting SeeYA Technology in resolving complex and challenging legal issues and providing comprehensive legal support to facilitate the successful regulatory approval of the transaction. The Fangda team was led by partners LUO Ke and Aaron CHEN. Team members included counsel QIU Tianyuan and Terry LING and associates ZHANG Chao, Carol LI, Lisa BU, and Merlin SONG.
We extend our sincere congratulations to SeeYA Technology on its successful listing on the STAR Market and express our gratitude to lawyers ZHANG Yuhan, LI Yanping, and LIU Ke for their significant contributions to the company’s early-stage restructuring, structural design, shareholding reform, differentiated voting rights arrangements, and multiple pre-IPO equity financings.
