壁仞科技是"国产GPU四小龙"中唯一选择港股"全流通"上市的企业。而在此之前，该公司曾于2024年9月在上海证监局办理科创板IPO辅导备案。 12月15日，证监会国际合作司披露了关于上海壁仞科技股份有限公司(以下简称"壁仞科技")境外发行上市及境内未上市股份"全流通"备案通知书。 根据备案通知书，壁仞科技拟发行不超过372458000股境外上市普通股并在香港联合交易所上市。该公司57名股东拟将所持合计873272024股境内未上市股 份转为境外上市股份，并在香港联合交易所上市流通。 市场端同样对壁仞科技给予高度关注。2025年胡润百富独角兽排行榜显示，其估值已达160亿元人民币。 基于BR100及其衍生产品(如BR104)，壁仞科技打造了壁砺系列商用硬件产品线，已量产落地。该系列包含液冷/风冷OAM模组、推理AI加速卡等，依托原 创的GPGPU芯片架构以及BIRENSUPA软件开发平台，支持业内主流的深度学习框架与模型，为广泛的AI计算场景提供高能效比、高通用性的强大算力。 研发方面，截至2025年9月30日，壁仞科技在全球多个国家和地区累计公开专利1200余项，位列中国通用GPU公司第一，获得专利授权550 ...

Core Viewpoint - Wallen Technology, a leading player in the domestic GPU market, is set to issue up to 372,458,000 shares for overseas listing on the Hong Kong Stock Exchange, marking a significant step in its growth strategy and capital raising efforts [1][2]. Group 1: Company Overview - Wallen Technology was founded in 2019 by former SenseTime president Zhang Wen and is recognized as the only company among the "Four Little Dragons of Domestic GPUs" to choose a full circulation listing in Hong Kong [1][2]. - The company focuses on high-end cloud computing GPGPU technology, having launched its first general-purpose GPU chip, BR100, in 2022, which achieved over 1000T floating-point computing power and over 2000T integer computing power [2][3]. Group 2: Product Development - Wallen Technology has developed the Bili series of commercial hardware products based on the BR100 chip, which includes liquid-cooled and air-cooled OAM modules and AI inference acceleration cards, supporting mainstream deep learning frameworks [3]. - The company has filed over 1,200 patents globally, ranking first among Chinese general-purpose GPU companies, with over 550 patents granted [3]. Group 3: Financial Backing - Wallen Technology has successfully completed its D-round financing, raising over 5 billion RMB, with notable investors including Qiming Venture Partners, IDG Capital, and Ping An Group [4][5]. Group 4: Technological Innovations - In July 2025, Wallen Technology unveiled the LightSphere X, the first domestic optical interconnect GPU supernode, which integrates silicon photonics technology to create a high-bandwidth, low-latency computing cluster [8]. - The architecture of the supernode aims to enhance computing density and communication efficiency, addressing the challenges faced by traditional air-cooled AI servers [8][9].

12月15日，证监会国际合作司披露了关于上海壁仞科技股份有限公司(以下简称"壁仞科技")境外发行上市及境内未上市股份"全 流通"备案通知书。 根据备案通知书，壁仞科技拟发行不超过372458000股境外上市普通股并在香港联合交易所上市。该公司57名股东拟将所持合计 873272024股境内未上市股份转为境外上市股份，并在香港联合交易所上市流通。 壁仞科技是"国产GPU四小龙"中唯一选择港股"全流通"上市的企业。而在此之前，该公司曾于2024年9月在上海证监局办理科创 板IPO辅导备案。以通用GPU为核心 壁仞科技由前商汤科技总裁张文于2019年创立。 在"国产GPU四小龙"中，壁仞科技与沐曦股份均选择了通用GPU(GPGPU)技术路线：壁仞更专注于高端云端大算力GPGPU，沐 曦布局了更全栈的通用计算与图形渲染融合产品。 2022年，壁仞科技发布其首款通用GPU芯片BR100。BR100采用7nm制程，创新性应用Chiplet与2.5D CoWoS封装技术，将两颗计 算核心封在一块硅Interposer上，其16位浮点算力达到1000T以上、8位定点算力达到2000T以上，在当时创造了全球算力纪录。 值得一提 ...