估值140亿，深圳将跑出“国产DPU第一股”

Core Viewpoint - The article discusses the rise of Shenzhen Cloud Leopard Intelligent Co., Ltd. as a leading player in the domestic DPU (Data Processing Unit) market, highlighting its potential to become the first publicly listed DPU company in China by 2025, backed by significant investments and a strong founding team [1][4][11]. Company Overview - Shenzhen Cloud Leopard Intelligent Co., Ltd. was established on August 28, 2020, with a registered capital of 360 million yuan [2]. - The company currently has no controlling shareholder, and its industry classification falls under electronic device manufacturing [2]. - The company has not faced any termination or disapproval of its IPO applications in the past three years [2]. Founding and Leadership - The founder, Xiao Qiyang, holds a Ph.D. in Electrical Engineering from Stanford University and has a notable background in AI research, having received the National Science Foundation Young Investigator Award [5][7]. - Xiao Qiyang has previously founded RMI, a company known for developing multi-core processors, which were widely used in major communication network equipment [8][9]. Market Position and Growth - Cloud Leopard Intelligent is recognized as the first industry unicorn in the domestic DPU sector, achieving a valuation of 14 billion yuan after its latest funding round [4][12]. - The company has completed eight rounds of financing, with notable investors including Tencent, Sequoia Capital, and IDG Capital, among others [13][14]. Product Development and Innovation - In December 2021, the company launched its first full-featured cloud-native DPU card, which supports various service resources and significantly enhances service quality and operational efficiency for cloud service providers [15]. - By 2023, the company successfully produced a 6nm DPU chip, marking a significant technological advancement in the domestic market [16]. Market Share and Future Goals - As of 2024, Cloud Leopard Intelligent is projected to hold approximately 15.3% of the domestic DPU market, with key clients including China Mobile and Tencent [16]. - The company's strategy focuses on achieving the highest cost-performance ratio in DPU technology, aiming to dominate market share while enhancing operational efficiency and reducing costs [16].