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Beijing Yimei Xinchuang Technology
Shineon specializes in high-brightness LED (HB LED) packaging products, as well as high-brightness chip and application products
About Beijing Yimei Xinchuang Technology
Beijing Yimei Xinchuang Technology, operating as ShineOn, is a global provider of LED package and module solutions for the lighting and display markets. The company was established in January 2010 by a team of optoelectronics experts, including CEO Frank Fan, who holds a Ph.D. from the University of Maryland, and CTO Jay Liu. This founding team brought extensive experience from high-tech companies in the United States, such as Nortel, Lumileds, and Finisar.
ShineOn's business is structured into two primary entities: "ShineOn (Beijing) Technology" and "ShineOn Innovation Technology". The former concentrates on high-power industrial lighting and intelligent lighting systems through its subsidiary Shenzhen Betop Electronics. The latter focuses on LED devices, modules, and systems for advanced displays, high-performance lighting, and other applications through its subsidiaries in Nanchang and Hefei. The company has a strong backing from notable US and Chinese venture capital firms, including GSR Ventures, Northern Light Venture Capital, IDG-Accel Partners, and Mayfield, and also receives support from the Beijing municipal government.
The company's business model revolves around the development, production, and sale of high-brightness LED components and integrated solutions. Its client base includes renowned companies like Skyworth, TCL, BOE, and LG. ShineOn's product portfolio is extensive, covering SMD, COB, and CSP packages, which are utilized in applications such as general illumination, LCD backlighting, and automotive lighting. A key area of development for the company is Mini-LED and Micro-LED technology for advanced displays. Additionally, ShineOn produces specialized products for horticultural lighting, offering customizable spectrums to enhance production efficiency for various plants. The company has developed integrated modules, like the DiscLight™ LED Light Engine, which connects directly to an AC power line, reducing module size and improving reliability for indoor lighting applications.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2010
- Headquarters
- China
- Employees
- 36
- Open positions
- 2
- Dealroom signal
- 60.4/100
- Industry
- Semiconductors
- Sector
- Semiconductors, Testing, Verification, Packaging and Containers, Semiconductor Designers and Manufacturers, Photonics Tech, Light-Emitting Diodes (LED), Hard Tech, DT and LS, science-based
- Technology
- Deep Tech
- Business model
- Manufacturing
- Client focus
- b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES DOther financing | Sep 2023 | $14M | $258M | Yiwu Industrial Investment Equity Investment Fund · Xiuning County Ningxin Equity Investment | ↗ |
| SERIES COther financing | Apr 2011 | $52M | $206M | Mayfield · NLVC · GSR Ventures | — |
Growth signals
Latest recorded traffic for Beijing Yimei Xinchuang Technology is 250 monthly website visits, down 62.7% over the last three months. Beijing Yimei Xinchuang Technology's team grew 0% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A2 investors entered at this stage
GSR Ventures
NLVC
Series B and later3 investors entered at this stage
Mayfield- YFYiwu Industrial Investment Equity Investment Fund
- XIXiuning County Ningxin Equity Investment
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Beijing Yimei Xinchuang Technology on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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