On August 3, Costar Optics disclosed on the investor interaction platform that the company is vigorously propelling its AR/VR near-eye display optical business forward. Drawing upon its core technologies, including precision optics, micro-nano fabrication, and optical coating, the company has successfully commenced mass production of pivotal products such as optical waveguides and precision optical modules. These offerings find applications across diverse sectors, encompassing AR wearable gadgets, automotive display systems, and industrial display solutions.

Presently, Costar Optics has initiated the supply of its products to downstream customers for validation purposes and has achieved a small-scale production run. Nevertheless, the impact of this business segment on the company's overall revenue and profitability remains comparatively marginal. As of the news release, Costar Optics boasted a market capitalization of RMB 4.780 billion, with its stock price experiencing a slight dip of 0.11% from the previous day's closing value.