Known as M-ge. Former Alibaba iDST. Founded Rokid. AR glasses (Max, AR Studio). Multiple rounds, Alibaba backing. Rokid obtained CSRC filing approval for an overseas listing on Feb 26, 2026 (up to 312M shares on the HKEX main board) and converted to a joint-stock company on Mar 6; brought in supply-chain investors such as Huace Film & TV and Conant Optical in Mar–May 2026, taking cumulative funding past RMB 3B and valuation past $1B. Rokid Glasses sold 300,000 units in 2025 with a 1M-unit target for 2026.