Visionox announced that Hefei Jianshu Investment, the investment arm of the Hefei government has invested $412 million to increase its stake from 11.5% to 31.9%. This is a 16% discount over Visionox's actual worth on the markets (the company's current market cap is about $2.3 billion USD).
For the past few years Visionox has been unprofitable, and in 2025 (for the first three quarters) the company reported a loss of $225 million. The company requires a significant amount of cash to complete the construction of its $7.5 billion 8.6-Gen ViP AMOLED production line, and it has also committed to invest $690 million in its Kunshan R&D center.
Hefei is a key location for Visionox, where it has two 6-Gen AMOLED production lines and where it is building its 8.6-Gen ViP AMOLED line. This line, which will have a capacity of 32,000 monthly substrates, began construction on February 2025. The first line in this project will utilize a ViP maskless OLED production process. According to our information, the other lines at the V5 fab will use standard FMM OLED deposition.
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