Core Viewpoint - Muxi Co., Ltd. is set to list on the Shanghai Stock Exchange's Sci-Tech Innovation Board on December 17, with an IPO price of 104.66 yuan per share, leading to an expected market capitalization of approximately 41.87 billion yuan at listing [1] Group 1: IPO Details - Muxi Co., Ltd. is not yet profitable and will be included in the Sci-Tech Growth Tier upon listing [1] - The IPO is expected to raise a total of 4.197 billion yuan, which will be allocated to projects focused on the development and industrialization of high-performance general-purpose GPUs and AI inference GPUs [1] - The issuance will consist of 40.1 million shares, accounting for 10.02% of the total share capital post-issuance [1] Group 2: Market Response - The market has shown significant enthusiasm for Muxi Co., Ltd.'s issuance, with a total subscription amount of 57.182 billion shares, resulting in a subscription multiple of 2228.11 times the initial offline issuance scale [2] - The strategic placement of shares includes participation from notable investors such as the National Artificial Intelligence Industry Investment Fund and various tech companies [2] - The final online issuance hit a low winning rate of 0.03348913%, which is lower than that of Moer Thread's previous online issuance [2] Group 3: Company Positioning - Muxi Co., Ltd. is recognized as a leading domestic enterprise in high-performance general-purpose GPU products, focusing on the independent development of full-stack high-performance GPU chips and computing platforms [3] - The flagship product, the Xiyun C series training and inference integrated GPU chip, is based on fully self-developed GPU IP, instruction set, and architecture, achieving domestic leadership in various performance metrics [3] - According to Bernstein Research, Muxi Co., Ltd. is projected to hold approximately 1% market share in China's AI chip market in 2024 [3]
沐曦股份,周三上市!
Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-12-15 12:49