光合创投成员企业沐曦股份成功登陆科创板

Core Viewpoint - Muxi Integrated Circuit (Shanghai) Co., Ltd. has successfully listed on the STAR Market, with an opening price of 700 yuan, representing a rise of over 568% from the issue price [2]. Group 1: Company Overview - Muxi was established in September 2020 and has rapidly developed into a leading domestic high-performance general-purpose GPU company [2]. - The company has achieved a remarkable compound annual growth rate (CAGR) of 4074.52% in revenue over the past three years, with revenue reaching 915 million yuan in the first half of 2025, surpassing the total revenue for 2024 [5]. - Muxi has successfully commercialized large-scale deployment of thousand-card clusters, positioning itself among the few companies in China to achieve this milestone [5]. Group 2: Investment and Team - The lead investor, Zhu Jia from Guanghe Venture Capital, emphasized the importance of Muxi's top-tier team, which spans from GPU chips to systems, hardware to software architecture [5]. - Muxi's core team consists of members with over 20 years of experience in high-performance GPU design and production, primarily sourced from leading international chip manufacturers [6]. - The founders of Muxi, who previously worked at AMD China, possess extensive experience in the entire process from research and development to mass production, making their team composition rare in the industry [6][7]. Group 3: Market Potential and Future Outlook - The demand for computing power is expected to be a long-term and substantial market, with Zhu Jia drawing parallels to previous successful investments in the sector [9]. - Muxi's ability to attract top engineering talent and build a strong team has instilled confidence in its future growth prospects [9]. - The company aims to support China's digital economy by providing a self-controlled computing power foundation, aligning with the broader trend of technological innovation driving societal change [5][9].