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New Milestone: PFDM Named Shanghai “Specialized, Refined, Distinctive, Novel” SME

21

June 2024

Shanghai’s Commission of Economy and Informatization recently published the second batch of 2023 Specialized, Refined, Distinctive, and Novel SMEs—PFDM is included. With government support, PFDM will continue to invest in spatial computing R&D and product innovation.

Among few XR firms on the list, PFDM invests heavily in R&D each year. Over 70% of the team works in technology across optics, algorithms, software, and hardware. Innovation is core—alongside partnerships with Qualcomm, Pegatron, 3M, BYD, JDI, OFILM, and others.

PFDM’s mission is to change how people access information—with self-developed head and hand 6DoF, VSLAM, and the world’s first Pancake ultra-short-focus optical VR all-in-one brought to market—plus patents and major awards.

Jiefang Daily reported CSRC’s approval of new “Specialized and Innovative” board plans, with the Shanghai Equity Custody and Trading Center among those listed. The new Shanghai board is designed to work alongside the Shanghai Private Equity and Venture Capital Fund-of-Funds Transfer Platform and the Shanghai Subscription Warrant Integrated Service Platform—complementing and reinforcing one another—to further unblock financing for high-quality SMEs such as Specialized and Innovative firms and support their high-quality development. PFDM will seize this opportunity to strengthen R&D and contribute to the industry.