Core Viewpoint - Kunlun Core, an AI chip company under Baidu, is preparing for an IPO in Hong Kong after previously considering a listing on the Sci-Tech Innovation Board [1] Group 1: Company Overview - Kunlun Core is an AI chip enterprise incubated by Baidu, which completed independent financing in April 2021 [1] - The company has achieved a pre-investment valuation exceeding 25 billion RMB [1] - Kunlun Core's business has grown rapidly in the past two years, with external customer revenue now accounting for approximately 40% of its total [1] Group 2: Product Development - The company primarily sells Kunlun Core's second and third-generation AI chips, along with integrated hardware and software solutions [1] - On November 13, the company launched two new AI chips, M100 and M300, expanding its product matrix [1] Group 3: IPO Plans - Kunlun Core plans to submit its IPO application to the Hong Kong Stock Exchange as early as Q1 2026, aiming for completion by early 2027 [1] - The company has recently completed another round of financing, with a post-investment valuation of approximately 21 billion RMB (around 3 billion USD) [1] - Industry insiders indicate that Kunlun Core is among the leading domestic AI chip companies in terms of technology and revenue [1]
【快讯】昆仑芯计划26Q1赴港上市
Sou Hu Cai Jing·2025-12-08 07:00