寒武纪近40亿元定增申请获批复

Group 1 - The core point of the article is that Cambrian Technology has received approval from the China Securities Regulatory Commission for a stock issuance plan, aiming to raise up to 39.85 billion yuan for projects related to large model chip and software platforms, as well as to supplement working capital [2] - The initial fundraising target was 49.8 billion yuan, which was later adjusted due to the implementation of a restricted stock incentive plan that increased the total share capital [2] - Cambrian's stock price has seen significant fluctuations, reaching a peak of 1587.91 yuan per share on August 28, with a market capitalization of 663.7 billion yuan, before experiencing a decline [2] Group 2 - On August 28, Cambrian's stock price increased by 133.86% compared to July 28, significantly outperforming most peers and major indices, leading to a risk warning regarding the stock's disconnection from its fundamentals [3] - Goldman Sachs raised Cambrian's target price to 2104 yuan, citing strong Q2 performance and increased capital expenditure in China's cloud computing sector, following a previous increase of 50% to 1835 yuan [3] - For the first half of 2025, Cambrian reported revenue of 28.81 billion yuan, a substantial increase of 4347.82% year-on-year, with a net profit of 10.38 billion yuan, marking a turnaround from losses [3] Group 3 - As of September 9, Cambrian's stock closed at 1228.07 yuan per share, reflecting a 1.26% increase [4]