Core Viewpoint - Wallen Technology (06082) has successfully listed its shares at a price of HKD 19.60, raising a net amount of HKD 5.375 billion, with a significant initial surge of 82.14% to HKD 35.7 per share, indicating strong market interest and investor confidence [1]. Group 1: Company Overview - Wallen Technology was established in 2019 and focuses on developing GPGPU chips and intelligent computing solutions based on GPGPU technology to provide the computational power required for AI [1]. - The company integrates its self-developed GPGPU-based hardware with its proprietary BIRENSUPA software platform, supporting a wide range of applications for AI model training and inference from cloud to edge [1]. Group 2: Financial Performance - Wallen Technology's revenue is projected to grow dramatically from RMB 499,000 in 2022 to RMB 337 million by 2024, reflecting a compound annual growth rate (CAGR) of 2500% [1]. Group 3: Product Development - The company has successfully developed and mass-produced two chip models, BR106 and BR110, and has launched a higher-performance chip, BR166, which began mass production in 2025 [1]. - In addition to its existing product lineup, Wallen Technology plans to introduce next-generation flagship data center chips, the BR20X and BR30X series, based on a second-generation architecture [1].

Group 1 - The core viewpoint of the article highlights the successful IPO of Wallen Technology (06082), with shares priced at HKD 19.60 and a total issuance of 2.848 billion shares, raising a net amount of HKD 5.375 billion [1] - As of the report, Wallen Technology's stock surged by 82.14%, reaching HKD 35.7, with a trading volume of HKD 1.289 billion [1] - Wallen Technology, established in 2019, focuses on developing GPGPU chips and intelligent computing solutions based on GPGPU to provide the foundational computing power required for AI [1] Group 2 - The company reported a rapid revenue growth from RMB 499,000 in 2022 to RMB 337 million in 2024, reflecting a compound annual growth rate (CAGR) of 2500% [1] - Wallen Technology has successfully developed and mass-produced two chip models, BR106 and BR110, and has launched a higher-performance chip, BR166, which began mass production in 2025 [1] - The company plans to introduce next-generation flagship data center chips, BR20X and BR30X series, based on a second-generation architecture [1]

Core Viewpoint - Wallen Technology (06082) has successfully listed its shares at a price of HKD 19.60, raising a net amount of HKD 5.375 billion, with a significant initial price increase of 82.14% to HKD 35.7 per share [1] Company Overview - Wallen Technology was established in 2019 and focuses on developing GPGPU chips and intelligent computing solutions based on GPGPU to provide the foundational computing power required for AI [1] - The company integrates its self-developed GPGPU-based hardware with its proprietary BIRENSUPA software platform, supporting AI model training and inference across a wide range of applications from cloud to edge [1] Financial Performance - From 2022 to 2024, Wallen Technology's revenue is projected to grow from RMB 499,000 to RMB 337 million, achieving a compound annual growth rate (CAGR) of 2500% [1] Product Development - Wallen Technology has successfully developed and mass-produced two chip models, BR106 and BR110, and has launched a higher-performance chip, BR166, which began mass production in 2025 [1] - The company plans to introduce next-generation flagship data center chips, BR20X and BR30X series, based on a second-generation architecture [1]