壁仞科技获赴港上市

Core Viewpoint - Wallen Technology is set to issue up to 37.2458 million shares for overseas listing on the Hong Kong Stock Exchange, marking a significant step in its IPO process and positioning it as the first general GPU company to list in Hong Kong, filling a gap in the GPU sector for investors in the Chinese AI industry [1] Group 1: Company Overview - Founded in 2019, Wallen Technology is a leading enterprise in the field of general intelligent computing solutions, focusing on the self-developed Walli™ series GPU products to support digital transformation across various industries [1] - The company emphasizes core technology independence and has developed a full-stack technology system based on its original architecture, Walli, to promote the construction of a domestic intelligent computing industry ecosystem [1] Group 2: Technological Innovation - Wallen Technology's core competitiveness lies in technological innovation and patent accumulation, with nearly 1,200 patent applications globally and over 430 authorized patents, leading the domestic GPU industry [2] - The Walli™ BR100 series general GPU chip utilizes advanced 7nm process technology and 2.5D CoWoS packaging, achieving over three times the performance of mainstream products and supporting PCIe 5.0 and CXL communication protocols [2] Group 3: Commercialization and Market Application - Wallen Technology has achieved large-scale deployment of its products in key industries such as AI data centers, telecommunications, and financial technology, with successful operations in domestic market-oriented clusters [3] - The company has optimized its DeepSeek-V3 model for domestic GPU platforms, enabling full parameter training of a 671 billion parameter model with only 4096GB of memory, thus reducing reliance on overseas GPU technology [3] Group 4: Market Context and Future Prospects - The Hong Kong stock market has become a core platform for international financing of Chinese tech enterprises, with significant capital flowing into AI and hard tech sectors, providing ample opportunities for quality chip companies [4] - Wallen Technology's listing is seen as a crucial opportunity for deepening industry layout and enhancing its capabilities in technology research and production expansion, while also contributing to the formation of a more complete AI industry investment ecosystem in Hong Kong [4] - The ongoing global competition in AI computing power presents a favorable environment for GPU companies with core technological strength, positioning Wallen Technology to drive high-quality development in China's AI computing industry [5]