According to Tianyancha, Luo Yonghao’s company Beijing Thin Red Line Technology Co., Ltd. has recently undergone industrial and commercial changes.The business scope includes the manufacturing and sales of mobile terminal equipment.The changes show that the newly added business scope includes:Mobile terminal equipment manufacturing; mobile terminal equipment sales; mobile communication equipment manufacturing; mobile communication equipment sales;Manufacturing of IoT equipment; sales of IoT equipment; sales of daily necessities; sales of daily necessities.

It is understood that on the evening of July 10, 2022,Luo Yonghao officially announced that his new startup company is called "ThinRedLine (Thin Red Line)".In October of the same year, it completed angel round financing of nearly 400 million yuan. On November 23, it announced the completion of angel round financing of approximately US$50 million.

Previously, there was news that "Luo Yonghao's thin red line company's business has transformed from AR to a large model." Later, a person from the company said that the news was untrue, and Luo Yonghao still focused on AR software and hardware.

Luo Yonghao also talked about the progress of his entrepreneurial project Thin Red Line in a previous live broadcast. He said,I have been immersed in research and development for a year, and there is no sound on purpose.