Group 1 - The core viewpoint of the article highlights that Muxi Co., Ltd. (688802.SH) officially listed on December 17, experiencing a significant first-day surge of nearly 750%, reaching a peak of 895 CNY per share, making it the "king of new listings" this year [1] - Muxi Co., Ltd. is a leading enterprise in high-performance general-purpose GPU products in China, focusing on the research, design, and sales of full-stack high-performance GPU chips and computing platforms for AI training, inference, general computing, and graphics rendering [1] - The company has launched several GPU products, including the Xisi N series for intelligent computing inference, the Xiyun C series for integrated training and general computing, and the upcoming Xicai G series for graphics rendering [1] Group 2 - Despite impressive revenue growth, Muxi Co., Ltd. is still in a phase of significant investment and has incurred substantial cumulative losses, with net losses reported at approximately -777 million CNY, -871 million CNY, -1.409 billion CNY, and -233 million CNY for the years 2022, 2023, 2024, and the first quarter of 2025, respectively [2] - The AI chip industry, as noted by Zheshang Securities, is characterized by high R&D difficulty, large investments, and long cycles, with current leading trends still dominated by overseas manufacturers [2] - Muxi Co., Ltd. acknowledges in its prospectus that while some products have achieved mass production, entering key industry clients requires rigorous technical validation and ecosystem adaptation, and the current revenue is insufficient to cover high R&D and operational costs [2]
中一签最高可赚40万元 沐曦股份(688802.SH)超越摩尔线程成为“打新之王”