① Alpha Dragon completed a B-round financing of over 100 million yuan, the funds being used for the research and development of optical waveguide chips, the expansion of its Deyang base, and the industrialization of optical communication devices. ② The company’s S-series AR glasses have been widely used in police and other fields, with revenue of approximately 70 million yuan in 2025, and it is expected to reach 150 million yuan in 2026.

AR smart glasses company AlphaLong recently completed a B-round financing of over 100 million yuan, led by former shareholder Meihua Venture Capital, with participation from Deyang State-owned Assets and Ningbo State-owned Assets. The funds will be used primarily for the research and development of large-field-of-view optical waveguide chips and the expansion of the mass production base in Deyang, Sichuan. The company uses semiconductor technology to manufacture optical chips, and the S-series AR glasses have been widely adopted in fields such as law enforcement. In 2025, the company’s revenue was approximately 70 million yuan, and it is expected to reach 150 million yuan by 2026. Currently, the company is advancing the construction of an 8-inch silicon carbide production line, and related products have been applied in hundreds of enterprises, including the State Grid.