Group 1 - The core viewpoint of the news is that Shiya Technology, a leading global player in silicon-based OLED technology, is set to undergo an IPO review by the Shanghai Stock Exchange on December 24, 2025, which has garnered significant market attention [1] - The global silicon-based OLED display market is projected to grow from 1.27 billion yuan in 2024 to 67.93 billion yuan by 2030, with a remarkable compound annual growth rate (CAGR) of 94.11% [1] - The XR device market is expected to expand from 31.89 billion yuan in 2024 to 700.4 billion yuan by 2030, providing strong demand support for silicon-based OLED technology [1] Group 2 - Shiya Technology has established deep partnerships with several leading global tech companies, securing prepayment agreements for millions of silicon-based OLED micro-displays starting from 2026, which will ensure future revenue growth [2] - As of June 2025, the company has an order backlog amounting to 306 million yuan, indicating robust downstream demand [2] - The company is actively expanding its production capacity to meet future order demands, with a current capacity utilization rate nearing saturation at 98.92% in the first half of 2025 [2]