沐曦过会，投资人已赚麻

Core Viewpoint - The article discusses the rapid growth and upcoming IPO of Muxi Technology, highlighting its position as a contender for the title of "first domestic GPU stock" alongside other companies in the sector [3][10]. Company Development - Muxi Technology was established five years ago and has achieved a valuation exceeding 21 billion yuan, with total financing surpassing 10 billion yuan from various investors [4][11]. - The company has developed a strong technical team with nearly 20 years of experience in high-performance GPU product development, leading to the successful launch of multiple GPU products [8][9]. Market Context - The increasing importance of domestic GPUs has been driven by intensified Sino-U.S. technological competition, leading to a surge in the domestic GPU market [8]. - Muxi Technology is part of a group of companies known as the "four little dragons" of domestic GPUs, which includes Suiruan Technology, Biran Technology, and Moer Thread [8][10]. Financial Performance - Muxi Technology's revenue over the past 39 months has exceeded 1.1 billion yuan, while the company has incurred a net loss of nearly 3.3 billion yuan [10]. - The company has sold over 25,000 GPU units, indicating a strong market presence [10]. Investment and Financing - The company has attracted significant investment from notable firms such as Sequoia China, IDG Capital, and Lenovo Capital, among others [4][12][15]. - Muxi Technology completed multiple rounds of financing, with the latest round raising over 7.2 billion yuan, further increasing its valuation [15][16]. Shareholder Gains - Prior to its official listing, some shareholders have already realized profits through share transfers, with notable gains reported by investors [18][19]. - The article notes that investor enthusiasm for Muxi Technology has positively impacted the stock prices of related companies [20].