Recently, Zhiyang Innovation and Hangzhou Lingming Photonics Technology Co., Ltd. officially signed a “Cooperation Framework Agreement”. This is another important step forward after the two sides reached a strategic investment cooperation agreement in February 2026. It marks that the cooperation between the two sides has officially moved from early strategic intentions to a new stage focusing on product verification and technical collaboration, and implementation for industry applications. According to the agreement, on the basis of early verification results, the two sides will jointly promote the development of lidar modules and solutions for target industries and accelerate the integration and application of high-end perception and artificial intelligence technology in industry scenarios.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.