Easdar, an optoelectronics company based in Zhongshan, disclosed on August 1 the signing of a guidance agreement with Industrial Securities, marking the official initiation of its IPO process for a Beijing Stock Exchange listing.

Concurrently, Easdar was granted approval to list on the National Equities Exchange and Quotations (NEEQ).

Established in 2010 and headquartered in Tanzhou, Easdar specializes in automotive LED headlamps. The company's core operations encompass R&D, production and global distribution of automotive LED lighting products.

Easdar's automotive LED solutions are distributed globally, spanning the Americas, Asia, Europe and Oceania, with strategic partnerships forged alongside industry leaders such as Philips, Narva and IPF.