Dosilicon(SH:688110) Mei Ri Jing Ji Xin Wen·2025-09-02 17:06Core Viewpoint - Dongxin Co., Ltd. (688110.SH) is set to resume trading after a suspension, with significant investor interest driven by its involvement in domestic GPU chip development [2][3]. Group 1: Company Performance and Stock Activity - Dongxin Co., Ltd. experienced a stock price increase of 207.85% from July 29 to August 28, reaching a market capitalization of approximately 52.19 billion yuan [3]. - The stock price surged over 82% in August alone, leading to multiple announcements regarding trading risks due to abnormal fluctuations [3]. - The company has been under close monitoring by the Shanghai Stock Exchange due to these trading activities [3]. Group 2: Investment and Partnerships - Dongxin Co., Ltd. plans to invest approximately 5 billion yuan in Shanghai Lishuan Technology Co., Ltd., acquiring about 35.87% of its equity [3]. - The investment includes a direct capital increase of around 2.1 million yuan from Dongxin to Lishuan [3]. Group 3: Product Development and Market Position - Shanghai Lishuan has launched its first self-developed GPU chip "7G100" and graphics card "Lisuan eXtreme," targeting applications in personal computers, AI PCs, and cloud gaming [4]. - The company has yet to generate revenue from these products, which require certification and customer integration before mass production [4]. - Dongxin Co., Ltd. acknowledges the competitive landscape dominated by NVIDIA and AMD in the global discrete graphics card market, highlighting potential risks if Lishuan's products do not achieve technological breakthroughs [4]. Group 4: Investor Relations and Market Sentiment - Dongxin Co., Ltd. conducted a "reverse roadshow," inviting investors to its facilities for direct engagement, enhancing transparency and trust [6]. - Notable investors, Zhao Jianping and Zhao Ji, have entered the top ten shareholders, holding a combined market value of over 950 million yuan as of August 28 [7][8].