超聚变启动上市辅导 营收连年实现高速增长

Group 1: Company Overview - Chaopuyuan Digital Technology Co., Ltd. (referred to as "Chaopuyuan") has officially initiated its listing guidance process as disclosed by the China Securities Regulatory Commission [1] - Chaopuyuan was originally Huawei's X86 server business, which was spun off in 2021 due to overseas factors and is now based in Zhengzhou, Henan [1] - The company is a provider of computing infrastructure and services, covering servers, operating systems, AI development platforms, hyper-converged solutions, high-performance computing solutions, and database solutions [1] Group 2: Financial Performance - Chaopuyuan's revenue has shown rapid growth since its establishment, surpassing 10 billion yuan in 2022, exceeding 28 billion yuan in 2023, and projected to exceed 40 billion yuan in 2024 [1] - In the first half of 2025, Chaopuyuan's server sales reached 26.8 billion yuan, making it the second-largest in China's server market [2] - For 2024, Chaopuyuan's revenue is expected to reach 43.5 billion yuan, securing the second position in the Chinese server market and sixth globally, with the highest market share in AI servers [2] Group 3: Shareholding Structure and Management - The controlling shareholder of Chaopuyuan is Henan Chaopuyuan Technology Co., Ltd., holding a 31.38% stake, while China Mobile's subsidiary, Zhongyi Capital, is the second-largest shareholder [3] - The current legal representative and chairman of Chaopuyuan is Ma Jianping, who has held various governmental positions prior to his role in the company [3] - Liu Hongyun, the vice chairman, previously served as the president of Huawei's Asia-Pacific region and was responsible for Huawei's server business [3] Group 4: Market Context - The global server vendor sales revenue is projected to reach 235.7 billion USD in 2024, with China's server market expected to grow by 70.1% year-on-year to approximately 52.6 billion USD [2] - The server shipment volume in China is anticipated to reach about 4.45 million units in 2024, reflecting a year-on-year growth of 19.5% [2] - Recent trends show that AI chip companies like Shanghai Biran Technology and Moer Thread have successfully entered the capital market [4]