Core Viewpoint - SeeYA Technology Co., Ltd. is set to become China's first publicly listed company focused on silicon-based OLED display chips following the approval of its IPO application by the Shanghai Stock Exchange's Listing Review Committee on December 24, 2025 [1] Company Overview - SeeYA is a micro-display solutions provider that ranked second globally in silicon-based OLED shipments for XR devices in 2024, holding a 35.2% market share, behind Sony's 50.8% [2] - The company's products have been shipped to notable clients including ByteDance, Insta360, RayNeo, and Lenovo [2] IPO Details - The IPO aims to raise approximately RMB 2.015 billion (about USD 278 million), primarily for the expansion of production lines [3] - Revenue increased from RMB 190 million (about USD 26.2 million) in 2022 to RMB 280 million (about USD 38.6 million) in 2024 [3] - The company anticipates achieving profitability by 2026 [3]