联想领投，小米战投持续加码投资的这家公司有何来头？

Core Insights - The demand for AI computing power is experiencing explosive growth, highlighting the bottleneck of the "memory wall" in traditional computing architectures. In this context, integrated storage and computing technology is seen as a key direction for the next generation of computing architecture transformation [2][14]. Company Overview - Mingxin Qirui, a smart storage and computing chip developer, announced the completion of over 100 million RMB in Pre-A round financing on January 5, 2026. This round was led by Guokai Kechuang and Lenovo Venture Capital, with participation from several other investors [2][7]. - The company was founded on May 27, 2024, and is backed by over 20 years of technical accumulation from the Liu Ming team at the Chinese Academy of Sciences, holding more than 200 invention patents and chip design IP [3][15]. Technology and Product Focus - RRAM (Resistive Random Access Memory) is identified as a crucial technology path for integrated storage and computing, capable of merging storage and computation into one unit, thus addressing the limitations of traditional architectures [2][11]. - Mingxin Qirui's products focus on three main areas: hybrid heterogeneous storage and computing systems for AI large model scenarios, embedded IP, and standalone storage chip products [6][17]. Market Position and Competitive Landscape - The company has established partnerships with multiple upstream and downstream enterprises, focusing on collaborative efforts in storage process manufacturing technology [6][22]. - Major global chip manufacturers, including TSMC, Samsung, Micron, and SK Hynix, are actively developing RRAM technology, indicating increasing competition in this field [11][22]. Financing and Investment - The Pre-A round financing reflects strong market confidence in the potential of new storage and computing industries, with significant participation from national and strategic capital [7][19]. - The funds raised will be used to enhance RRAM core technology research and expand the talent team, facilitating the scale production of RRAM technology products [20][21]. Future Outlook - With the rapid growth of AI computing demand, Mingxin Qirui is positioned to accelerate its development pace, leveraging its strong technical foundation and industry support to provide high-value AI storage and computing solutions [9][10][23]. - The integration of RRAM technology into practical applications is expected to empower numerous AI application scenarios, marking a significant step towards industrialization [12][23].