TENCENT(HK:00700) Xin Lang Cai Jing·2025-09-05 01:17Company Overview - Xizhi Technology recently completed a C-round financing exceeding 1.5 billion RMB, attracting investments from major institutions including China Mobile's fund, Shanghai Guotou, Guoxin Fund, and Pudong Venture Capital, with continued support from existing shareholders [1] - The company focuses on photonic networks and photonic computing, aiming to drive the commercialization of optoelectronic hybrid technology [2] Leadership and Innovation - The CEO and founder, Shen Yichen, is a MIT PhD graduate who has made significant contributions to the field, including a publication in "Science" during his doctoral studies [2] - Xizhi Technology has launched the world's first distributed optical interconnect GPU super node, LightSphere X, and the first domestic xPU-CPO optoelectronic co-packaged prototype system [2] Market Position and Growth - The global photonic chip market is projected to grow, with an estimated size of approximately 2.78 billion USD in 2023, reflecting a year-on-year increase of 14.4% [3] - Xizhi Technology is recognized as a unicorn in the optoelectronic hybrid computing sector, with plans to accelerate the development of next-generation computing cards that will fully support AI large models [3] Technological Advancements - The company has made strides in photonic computing, releasing the latest generation of optoelectronic hybrid computing cards, which integrate the largest 128×128 photonic matrix globally [3] - Xizhi Technology's advancements in photonic technology are positioned to enhance its competitive edge as domestic firms improve their technological capabilities and market recognition [3]