Core Viewpoint - Muxi Integrated Circuit (Shanghai) Co., Ltd. successfully listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board, raising RMB 4.197 billion in funds, and is categorized under the Sci-Tech Growth tier due to its unprofitability at the time of listing [2] Group 1: Company Overview - Muxi's stock opened at RMB 700 per share, experiencing a surge of 568.8%, resulting in a total market capitalization of RMB 280.1 billion, which is approximately RMB 50 billion lower than the latest market cap of Moole Technology at RMB 330 billion [4] - The company aims to develop domestically produced high-performance general-purpose GPU chips with complete independent intellectual property rights and a new patent architecture, fully compatible with products from top global companies [4] Group 2: Product and Market Position - Muxi's 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 generality, single-card performance, cluster performance, stability, ecological compatibility, and migration efficiency [5] - As of March 2025, Muxi expects to have sold over 25,000 GPU products, with large-scale applications in various countries' AI public computing platforms, operator intelligent computing platforms, and commercial intelligent computing centers [5] Group 3: Financial Performance - For 2024, Muxi anticipates revenue of RMB 743 million but expects a net loss of RMB 1.409 billion; losses are projected to narrow to RMB 346 million in the first three quarters of 2025, representing a year-on-year reduction of 55.79% [5] - The company forecasts achieving breakeven as early as 2026 [5]
沐曦股份上市首日开盘涨568.8% 中一签赚近30万元