Core Viewpoint - The debut of Mu Xi Co., Ltd. (688802), referred to as the "second domestic GPU stock," saw its share price surge by 568.83% on the opening day, reaching 700 CNY per share, resulting in significant profits for investors [1][3]. Group 1: Stock Performance - Mu Xi Co., Ltd. opened at 700 CNY per share, with a total market capitalization of 280.1 billion CNY [3]. - Investors who received a lottery ticket for 500 shares could see a paper profit of approximately 297,670 CNY [3]. - The stock's opening price represents a 568.83% increase from its initial offering price of 104.66 CNY [4]. Group 2: Company Background - Established in September 2020, Mu Xi Co., Ltd. is a leading player in the domestic high-performance general-purpose GPU sector, focusing on the development of high-performance GPU chips and computing platforms [5][6]. - The company's products are primarily used in three core areas: AI training and inference, general computing, and graphics rendering [5]. Group 3: Financial Performance - Mu Xi Co., Ltd. has not yet achieved profitability, with revenues reported for 2022, 2023, and projected for 2024 and early 2025 being 42,640 CNY, 5,302,120 CNY, 74,307,160 CNY, and 32,041,530 CNY respectively [6]. - The net profits for the same periods were -777 million CNY, -871 million CNY, -1.409 billion CNY, and -233 million CNY, indicating ongoing losses [6]. - The company anticipates reaching a breakeven point by 2026, with projected revenues for 2025 expected to be between 1.5 billion CNY and 1.98 billion CNY, representing a growth of 101.86% to 166.46% compared to 2024 [7]. Group 4: Investment and Shareholding - Notable investors, including prominent private equity figure Ge Weidong and his firm Chaos Investment, have invested in Mu Xi Co., Ltd., holding a total of 26.9379 million shares, which is 6.73% of the total shares post-IPO [9]. - The company has undergone 13 rounds of financing prior to its IPO, raising a total of 12.64 billion CNY, attracting over a hundred institutional investors [11].
1.9万股民狂欢!中一签,暴赚30万元!知名大佬浮盈百亿!沐曦股份,暴涨568%!