Core Viewpoint - The article highlights the rapid growth and significant capital backing of domestic GPU company Muxi Co., which is preparing for its IPO with a valuation close to 42 billion yuan and an impressive subscription multiple of 2227.6 times, marking it as a new "king of new shares" in 2023 [3]. Group 1: Company Overview - Muxi Co. was established in September 2020, focusing on the research and development of high-performance GPU chips and computing platforms, founded by three former AMD scientists [4]. - The company has grown from 6 employees in a small office to nearly 900 employees in just three years, with projected sales revenue exceeding 700 million yuan in 2024 and a valuation surpassing 10 billion yuan [4]. - Muxi has quickly developed two high-performance GPU products, showcasing its rapid technological and financial growth [4]. Group 2: Investment Landscape - The initial investors in Muxi were notable venture capitalists and funds, including He Li Capital and Tianjin TEDA Technology Investment Group, who participated in multiple funding rounds [4][5]. - The article categorizes the diverse investor base into three main groups: top-tier VC firms, state-owned and local government funds, and industrial capital [10]. - Prominent VC firms like Sequoia China and Matrix Partners have been key players in Muxi's funding, with Sequoia holding approximately 4.19% and Matrix holding 5.13% of the company [10]. Group 3: Notable Investors - Private equity mogul Ge Weidong is a significant investor, holding a combined stake of 7.48% through his personal and fund investments, reflecting a strong belief in the AI computing and domestic GPU sector [13]. - Another noteworthy investor is 37-year-old individual shareholder Rong Yanlin, who holds 256,270 shares, valued at approximately 26.8 million yuan post-IPO [14]. Group 4: Future Challenges - The article emphasizes that for Muxi, the IPO is not the end but rather the beginning of a long journey, facing challenges such as technological iteration, ecosystem development, market competition, and achieving self-sustainability [15].
谁押中了沐曦股份?
FOFWEEKLY·2025-12-17 03:24