2.11亿元！持续亏损的东芯股份，拟增资上海砺算

Core Viewpoint - Dongxin Co., Ltd. announced an investment of approximately 500 million yuan in Lishuan Technology (Shanghai) Co., Ltd., with Dongxin contributing about 211 million yuan to acquire a 35.87% stake, aiming to enhance its integrated strategy in storage, computing, and networking [1] Group 1: Investment Details - The total investment amount for the project is around 500 million yuan, with Dongxin's investment being approximately 211 million yuan [1] - After the capital increase, Dongxin will hold about 35.87% of Lishuan Technology [1] Group 2: Business Focus and Risks - Lishuan Technology primarily focuses on the research and development of scalable GPU chips for graphics rendering, which are designed to compete with mainstream GPU architectures [1] - The company's revenue and profit are heavily reliant on the sales performance of its flagship "7G100" GPU product, posing a risk of dependency on a single product [2] - Financial data indicates that Lishuan Technology has not generated revenue in 2024 and the first seven months of 2025, with losses of 210 million yuan and 155 million yuan respectively [2] Group 3: Dongxin's Financial Performance - Dongxin Co., Ltd. was listed in December 2021 and has experienced a nearly 30% decline in net profit in its second year post-IPO, with consecutive losses in 2023 and 2024 [3] - For the first half of 2025, Dongxin reported a revenue of 343 million yuan, a year-on-year increase of 28.81%, but a net loss of 111 million yuan, down 21.78% year-on-year [3] - The stock price of Dongxin has seen a significant increase of 207.85% from July 29 to August 28, 2023, leading to trading suspensions due to abnormal fluctuations [3]