Guangzhou Chasing Light Technology

About Guangzhou Chasing Light Technology

Guangzhou Chasing Light Technology Co., Ltd., operating as ChasingLight Technology, was established in April 2020 as a developer of organic semiconductor technology. The company was co-founded by a group of specialists in organic semiconductor technology and marketing. The leadership includes Founder and CEO Dr. Yang Xi, who brings over seven years of experience in the development and commercialization of organic semiconductor materials, and Co-founder and Chief Scientist Professor Chen Hongzheng, a distinguished scientist in the organic photovoltaics sector. The founding team's extensive background in both academic research and industrial application, with ties to institutions like Zhejiang University and the University of Washington, forms the company's core strength.

ChasingLight Technology focuses on the research, development, and commercialization of organic semiconductor materials and devices, positioning itself as a provider of organic photovoltaic (OPV) solutions. The company's business model encompasses two main segments: the production of organic optoelectronic materials and the development of OPV modules. Its revenue is generated from the sale of these materials and providing customized OPV solutions to its clients. The company serves a diverse client base across sectors such as Internet of Things (IoT), electronic paper displays, consumer electronics, smart home, automotive (VIPV), and building-integrated photovoltaics (BIPV).

The company's primary offering is its organic photovoltaic (OPV) technology, which enables the creation of solar modules that are lightweight, flexible, and have adjustable transparency. These OPV modules possess distinct advantages over traditional silicon-based photovoltaics, particularly in their ability to generate power efficiently in low-light, indoor conditions. ChasingLight has achieved significant technical milestones, including a certified photoelectric conversion efficiency of 19.92% as of December 2023 and the capability for kilogram-level mass production of its proprietary OPV materials. The company has received multiple rounds of funding from notable investors, including Sequoia China, and is in the process of constructing the world's first 650x550 mm² OPV module mass production line, with initial delivery expected in 2025.