仅用116天，沐曦股份科创板IPO获批

Core Viewpoint - The China Securities Regulatory Commission has approved the initial public offering registration of Mu Xi Integrated Circuit (Shanghai) Co., Ltd., allowing the company to list on the STAR Market [1] Company Overview - Mu Xi focuses on the independent research and development of high-performance GPU chips and computing platforms, providing foundational computing power for national AI public computing platforms, operator intelligent computing platforms, and commercial intelligent computing centers [1] - The company targets various industry applications, including education and research, finance, transportation, energy, healthcare, and entertainment [1] - Main products include the Xisi N series GPU for intelligent computing inference, the Xiyun C series GPU for training and general computing, and the upcoming Xicai G series GPU for graphic rendering [1] Financial Performance - Mu Xi has not yet achieved profitability, with revenues of 0.53 million yuan, 74.3 million yuan, and 91.5 million yuan from 2023 to the first half of 2025, and net losses of -871 million yuan, -1.409 billion yuan, and -186 million yuan during the same period [1] - The company plans to raise 3.904 billion yuan to invest in projects related to the development and industrialization of new high-performance general-purpose GPUs, next-generation AI inference GPUs, and high-performance GPU technology for emerging applications [1]