5亿！砺算获新融资，两年0收入

Core Viewpoint - Dongxin Co., Ltd. announced an investment in Shanghai Lishuan Technology Co., Ltd. with a pre-investment valuation of 3.5 billion yuan, aiming to enhance its strategic layout in the integrated "storage, computing, and networking" sector [2][11]. Investment Details - Dongxin plans to invest approximately 210.53 million yuan to acquire about 35.87% equity in Shanghai Lishuan, which will increase its registered capital to approximately 16.2 million yuan post-investment [4][5]. - The total investment from all parties involved is around 500 million yuan [2]. Company Background - Shanghai Lishuan was established on April 26, 2022, with a registered capital of 13.46 million yuan, focusing on the research and design of scalable GPU chips [7][8]. - As of July 2023, Shanghai Lishuan reported total assets of 34.34 million yuan and total liabilities of 121 million yuan, resulting in a net asset deficit of 86.33 million yuan [9][10]. Financial Performance - Shanghai Lishuan has not generated any revenue and reported a net loss of 210 million yuan for the fiscal year 2024, with a loss of 155 million yuan for the first seven months of 2025 [9][10]. Regulatory Aspects - The investment constitutes a related party transaction but does not qualify as a major asset restructuring, having been approved by Dongxin's board of directors [11]. - The investment is expected to strengthen Dongxin's core competitiveness and create more value for its shareholders [11][12].