Core Viewpoint - Dongxin Co., Ltd. has experienced a significant stock price surge, attributed to its involvement in the GPU chip sector, with a cumulative increase of 289.37% since early July 2023 [1][3]. Company Performance - Dongxin Co., Ltd. announced a stock price increase of 207.85% from July 29 to August 28, 2023, and a closing price of 119.38 CNY per share on September 3, 2023, with a total market capitalization of 52.796 billion CNY [1]. - The company reported a revenue of 343 million CNY for the first half of 2025, a year-on-year increase of 28.81%, but still recorded a net loss of 111 million CNY [4]. Investment Activities - Dongxin Co., Ltd. invested 200 million CNY in Lishan Technology (Shanghai) Co., Ltd., acquiring a 37.88% stake, which is focused on developing GPU chips [1][2]. - The first self-developed GPU chip "7G100" was launched by Lishan Technology on July 26, 2023, with plans for customer sampling and mass production [2]. Market Dynamics - Significant capital inflow into Dongxin Co., Ltd. has been observed, driven by the company's advancements in GPU technology, which has led to a rapid increase in stock price [3]. - Notable investors, including Zhao Jianping and Zhao Ji, have entered the top ten shareholders of Dongxin Co., Ltd., with substantial unrealized gains from their investments [6][7]. Competitive Landscape - The "7G100" chip is reported to be independent of third-party IP licensing, marking a significant breakthrough in domestic GPU technology [3]. - The market for the "7G100" chip includes applications in personal computers, professional design, AIPC, cloud gaming, cloud rendering, and digital twins [2].