Core Viewpoint - Muxi Co., Ltd. has successfully launched its IPO, becoming the second domestic GPU company to list on the A-share market after Moore Threads, with a final issuance price of 104.66 yuan per share and a total fundraising amount of approximately 4.197 billion yuan [1][3][7]. Group 1: IPO Details - The final issuance quantity for offline subscriptions was 22,829,081 shares, accounting for 70.26% of the total issuance after deducting the strategic placement portion, while the online issuance quantity was 9,665,500 shares, making up 29.74% [1]. - The initial online subscription success rate was 0.02223023%, which increased to 0.03348913% after the allocation mechanism was activated [1]. - The strategic placement involved several notable investors, including the National Artificial Intelligence Industry Investment Fund and Tianyi Capital, among others [3][4]. Group 2: Company Background - Muxi Co., Ltd. was established in September 2020 in Shanghai and has set up subsidiaries and R&D centers in multiple cities across China [5]. - The company focuses on developing high-performance general-purpose GPU chips and solutions, with applications in various advanced fields such as smart computing, cloud computing, and autonomous driving [5]. Group 3: Financial Performance - Muxi's revenue for the years 2022 to 2024 is projected to be 426,400 yuan, 53.0212 million yuan, and 743 million yuan, respectively, indicating a compound annual growth rate of 4,074.52% [7]. - For the first nine months of 2025, the company reported a year-on-year revenue growth of 453.52%, reaching 1.236 billion yuan [7]. - The company anticipates reaching breakeven by 2026 based on its forward-looking estimates [7].
比摩尔线程还难抢，又一国产GPU股将登陆！中签率最新出炉