壁仞科技叩开港股大门，获备案冲刺“港股GPU第一股”

Core Viewpoint - Wallen Technology is set to issue up to 372,458,000 overseas listed shares and convert 873,272,024 domestic unlisted shares into overseas listed shares for trading on the Hong Kong Stock Exchange, marking a significant step in its capital market strategy [1] Group 1: Company Overview - Wallen Technology is the only company among the "Four Little Dragons of Domestic GPUs" to choose a "full circulation" listing in Hong Kong [1] - Founded in 2019 by former SenseTime president Zhang Wen, Wallen Technology focuses on high-end cloud computing GPGPU technology [1] - The company released its first general-purpose GPU chip, BR100, in 2022, achieving over 1000T floating-point performance and over 2000T integer performance, setting a global record at the time [1] Group 2: Technology and Innovation - Wallen Technology is one of the earliest domestic GPU companies to commercialize Chiplet packaging technology, allowing for performance comparable to advanced process chips while reducing reliance on a single process [2] - The BR100 and its derivatives have led to the creation of the Bili series of commercial hardware products, which support mainstream deep learning frameworks and provide high energy efficiency and versatility for AI computing scenarios [2] - The company has filed over 1,200 patents globally, ranking first among Chinese general-purpose GPU companies, with over 550 patents granted [5] Group 3: Strategic Developments - Wallen Technology is focusing on cloud-based general intelligent computing and aims to surpass existing solutions in AI training and inference [5] - The company announced the launch of the LightSphere X, the first domestic optical interconnect GPU supernode, at the 2025 WAIC, which will be implemented at the Shanghai Yidian Intelligent Computing Center [5] - The supernode architecture integrates GPU resources to create a low-latency, high-bandwidth unified computing entity, addressing the challenges of power density in traditional air-cooled AI servers [5][6] Group 4: Industry Context - Optical circuit switching (OCS) technology is being explored by major tech companies globally as a key network solution to address the explosive growth of AI computing power, with Google being a pioneer in large-scale commercial OCS [6]