尚未盈利冲刺科创板成长层 沐曦股份IPO将于10月24日上会

Core Viewpoint - The Shanghai Stock Exchange has announced that the listing committee will review the IPO application of Muxi Integrated Circuit (Shanghai) Co., Ltd. on October 24, 2023, despite the company not being profitable yet [1] Company Summary - Muxi Integrated Circuit has focused on the GPU and artificial intelligence industry since its establishment, aiming to promote the self-controllability of China's intelligent computing power industry chain [1] - The company has developed core technologies in high-performance GPU chips and their foundational system software, becoming one of the few domestic enterprises with comprehensive capabilities in GPU IP, GPU SoC, high-speed interconnects, and GPU software [1] - As of March 31, 2025, Muxi Integrated Circuit holds 255 domestic authorized patents, including 245 invention patents, and has been recognized as a national-level specialized and innovative "little giant" enterprise [1] Industry Summary - The AI chip industry is expected to grow rapidly, providing a broader market space for Muxi Integrated Circuit's main business, which is anticipated to maintain steady revenue growth [2] - The company is projected to reach its breakeven point by 2026, driven by high levels of R&D investment and market expansion [2] - The establishment of the Sci-Tech Innovation Growth Layer and the resumption of the fifth set of listing standards on the Sci-Tech Innovation Board reflect the market's demand for supporting "hard technology" enterprises, indicating a more refined and inclusive capital market [2][3]