Stan Technology received a 36 million yuan investment from a testing equipment manufacturer, focusing on the Micro LED field

On April 8, Sitake issued an overseas investment announcement, stating that the company plans to invest 36 million yuan in Shenzhen Sitan Technology Co., Ltd. (hereinafter referred to as "Sitan Technology"), subscribing for 526,600 yuan of newly increased registered capital of Sitan Technology, accounting for 1.94% of the company's equity after this capital increase.

Founded in 2018, Sitan Technology is a national-level specialized, sophisticated, unique and innovative "little giant" enterprise specializing in the research and development, production and sales of Micro LED semiconductor display technologies. It owns a provincial engineering technology research center. Its main products cover Micro LED light-emitting chips, driver chips and display modules, delivering one-stop Micro LED technical solutions for AR/XR, wearable devices, vehicle-mounted displays and other sectors. At present, complete technical barriers have been established around Micro LED chip technology, driver chip design, module packaging and full colorization.

According to Sitake's announcement, machine vision inspection equipment is indispensable in the manufacturing of various general semiconductors. As a leading manufacturer in the machine vision inspection equipment industry, Sitake consolidates its existing advantages in the SMT application field and keeps close attention to the manufacturing of all types of general semiconductors. The company is optimistic about the development potential of Micro LED display technology and will jointly deploy with invested companies in this field. At the same time, since the pixel pitch of Micro LED reaches the micron level, higher requirements have been put forward for testing equipment. The company plans to jointly develop with invested companies in the future to meet the testing needs of the Micro LED industry and achieve complementary advantages and coordinated development of the upstream and downstream industry chains.

Sitake indicated that this investment aims to expand the application scope of its products, diversify the application scenarios of machine vision inspection equipment, and further consolidate the company's business foundation for future development.