Core Viewpoint - The company, Shiya Technology, is progressing with its IPO application on the Shanghai Stock Exchange's Sci-Tech Innovation Board, with a focus on expanding its production capacity and enhancing technology in the silicon-based OLED microdisplay sector [1][2]. Group 1: Company Overview - Shiya Technology was established in 2016 and is headquartered in Hefei, specializing in silicon-based OLED microdisplay technology [3]. - The company's products primarily target head-mounted display devices and smart glasses, with notable clients including DJI, Xiaomi, XREAL, and Thunderbird [3]. Group 2: Production Capacity - Currently, Shiya Technology operates a 12-inch evaporation production line with a monthly capacity of 9,000 wafers, having shipped over 1 million units to date [4]. - The company plans to expand to three production lines, increasing its monthly capacity to 27,000 wafers [4]. Group 3: Financial Performance - The projected revenue for Shiya Technology from 2022 to 2024 is 190 million, 215 million, and 280 million yuan respectively, while net losses are expected to be 247 million, 304 million, and 247 million yuan for the same years [5].