Dosilicon(SH:688110) Mei Ri Jing Ji Xin Wen·2025-08-31 14:39Core Viewpoint - Dongxin Co., Ltd. (688110.SH) is increasing its investment in Shanghai Lishuan Technology, a domestic GPU manufacturer, aiming to strengthen its position in the GPU market and enhance its core competitiveness [1][5]. Group 1: Investment Details - Dongxin Co. plans to invest approximately 500 million yuan in Shanghai Lishuan, with Dongxin contributing about 211 million yuan to acquire around 35.87% of Lishuan's shares, making it the largest shareholder [1][5]. - The investment is part of Dongxin's strategy to advance its "storage, computing, and networking" integration strategy and create more value for shareholders [5]. Group 2: Company Performance and Market Reaction - Following the announcement of the investment, Dongxin's stock price surged by 207.85% from July 29 to August 28, with an average turnover rate of 11.77% [1][4]. - Shanghai Lishuan has not generated revenue in 2024 and the first seven months of 2025, reporting losses of 210 million yuan and 156 million yuan, respectively [3]. Group 3: Product Development - Shanghai Lishuan launched its first GPU chip, the "7G100" series, and the Lisuan eXtreme series graphics cards in July 2023, with plans for mass production starting in September 2025 [3][4]. - The 7G100 series is designed with a fully self-developed architecture and aims to compete with NVIDIA's DLSS technology [3]. Group 4: Market Interest and Future Prospects - The domestic GPU sector has gained significant attention in the capital market, with Dongxin's stock performance reflecting this interest [4]. - Dongxin has engaged with numerous institutional investors regarding Lishuan's product developments and market strategies, indicating strong market interest [4].