Group 1 - The core point of the article is the upcoming IPO of "Super Fusion Digital Technology Co., Ltd.", which is projected to have significant revenue growth, exceeding 40 billion yuan in 2024 and potentially reaching over 50 billion yuan in 2025 [1][3] - Super Fusion originated from Huawei's X86 server business, which was spun off due to challenges in obtaining key software and chip licenses [3][5] - After being acquired by Henan Super Fusion Technology Co., Ltd., Super Fusion has undergone several rounds of financing, attracting major shareholders including China Mobile and China Telecom [5][7] Group 2 - The company is recognized as the "first stock of computing power in Central China," attributed to its advanced liquid cooling technology and a comprehensive service capability beyond just hardware sales [7] - Current market estimates value Super Fusion between 80 billion to 100 billion yuan, with predictions that its market capitalization could triple post-IPO [5][7] - The article highlights the significant valuation gap between Huawei's initial sale of the business and the potential market value of Super Fusion, raising questions about the overall market potential if Huawei were to go public as a whole [9]
华为“弃子”变“金蛋”：超聚变要上市了，市值或几千亿？
Sou Hu Cai Jing·2026-01-08 08:55