Following the completion of several hundred million RMB Series C financing at the beginning of this year, North Ocean Photonics Co., Ltd. recently completed over RMB 1 billion Series C+ financing.

Tina Wang, Board Secretary of North Ocean Photonics Co., Ltd., stated that the company's 12-inch wafer-level optical production line, located in Shanghai Lingang with an investment of RMB 2 billion, is progressing steadily as scheduled, and the project is expected to be completed and ready for production in 2027. The company's 12-inch production line will further consolidate its R&D capability and mass production capacity in the field of wafer-level optics, and enable the development of downstream application markets including AR, fiber optics, optical communications, automotive optics and optical computing.