又有一家GPU芯片公司即将登陆科创板。 | 11月26日晚间，沐曦股份发布首次公开发行股票并在科创板上市发行安排及初步询价公告。 | | --- | | 发行人基本情况 | | | | | --- | --- | --- | --- | | 公司全称 | 沐曦集成电路(上 | 证券简称 | 沐曦股份 | | 海)股份有限公司 | | | | | 证券代码/ | 688802 | 网上申购代码 | 787802 | | 网下申购代码 | | | | | 网下申购简称 | 沐曦股份 | 网上申购简称 | 沐曦申购 | | 所属行业名称 | 计算机、通信和其他 | 所属行业代码 | C39 | | 电子设备制造业 | | | | | 本次发行基本情况 | | | | | 发行方式 | | 本次发行采用向参与战略配售的投资者定向配售、网下向符合条件 | | | 的投资者询价配售与网上向持有上海市场非限售 A 股股份和非限 | | | | | 售存托凭证市值的社会公众投资者定价发行相结合的方式进行。 | | | | | 定价方式 网下初步询价确定发行价格,网下不再进行累计投标询价 | | | | | 发行前总股本(股) ...

Core Viewpoint - A new GPU chip company, Muxi Co., Ltd., is set to launch an IPO on the Sci-Tech Innovation Board, reflecting ongoing support for high-tech, unprofitable enterprises in China [1][4]. Company Basic Information - Company Name: Muxi Integrated Circuit (Shanghai) Co., Ltd. [2] - Stock Code: 688802 [2] - Industry: Computer, Communication, and Other Electronic Equipment Manufacturing [2] - Total Shares Before Issuance: 360 million [2] - Proposed Issuance Quantity: 40.1 million shares [2] - Post-Issuance Total Shares: 400.1 million [2] - Initial Strategic Placement Quantity: 8.02 million shares [2] Issuance Details - Total funds to be raised: 3.904 billion yuan [4] - Use of proceeds: Development of new high-performance general-purpose GPU projects and AI inference GPU projects [4]. - Initial inquiry date: December 2, 2025 [3]. - Subscription date: December 5, 2025 [3]. Financial Performance - Revenue growth from 2022 to 2024: 426,400 yuan, 53.0212 million yuan, and 743 million yuan, with a compound annual growth rate of 4074.52% [5]. - Revenue for the first half of 2025 reached 915 million yuan, a year-on-year increase of 404.51% [5]. - Expected revenue growth for January to September 2025: 437.36% to 464.23% [5]. - Latest order amount as of September 5, 2025: 1.43 billion yuan [5]. Market Position and Product Development - Muxi Co., Ltd. focuses on the independent research and development of high-performance GPU chips and computing platforms for AI computing and graphics rendering [4]. - Cumulative GPU product sales exceeded 25,000 units, with applications in various AI public computing platforms and commercial intelligent computing centers [4].

Core Viewpoint - The article highlights the IPO announcement of Mu Xi Integrated Circuit (Shanghai) Co., Ltd., a leading domestic high-performance general-purpose GPU company, aiming to raise 3.904 billion yuan to enhance GPU technology iteration and industrialization, thereby strengthening its competitive position in the industry [1][4]. Company Overview - Mu Xi plans to publicly issue 40.1 million shares, accounting for 10.02% of the total share capital post-issuance, which will reach 400.1 million shares [3]. - The issuance will adopt a combination of "strategic placement + offline inquiry placement + online pricing issuance" [3]. - The company has a strong intellectual property portfolio with 245 domestic invention patents, 3 integrated circuit layout design rights, and 25 software copyrights as of March 31, 2025 [3]. Financial Performance - Since 2022, the company's annual compound growth rate in revenue has reached 4074.52%, with projected revenue of 743 million yuan in 2024 [4]. - As of March 31, 2025, the cumulative GPU sales exceeded 25,000 units, covering various applications across multiple regions [4]. - The company reported a backlog of orders amounting to 1.43 billion yuan as of September 5, 2025, nearly double the projected revenue for 2024, indicating significant growth potential [4]. Market Context - The domestic accelerated computing server market is expanding, with IDC forecasting a market size of 22.1 billion USD in 2024, expected to exceed 100 billion USD by 2029, highlighting the strategic value of domestic GPU companies [5]. - The IPO of Mu Xi is seen as a catalyst for its development and an important opportunity for investors to participate in the domestic computing power sector [5]. IPO Process - The IPO process has been efficient, with the company receiving acceptance from the Shanghai Stock Exchange on June 30, 2025, passing the review on October 24, and obtaining registration approval from the CSRC on November 13, all within four months [4].

Core Viewpoint - Muxi Co., Ltd. is set to launch its initial public offering (IPO) on the Sci-Tech Innovation Board, with plans to issue 40.1 million shares and raise approximately 3.904 billion yuan for various GPU development projects [1][4]. Company Overview - Company Name: Muxi Integrated Circuit (Shanghai) Co., Ltd. [2] - Stock Code: 688802 for offline subscription and 787802 for online subscription [2]. - Industry: Computer, Communication, and Other Electronic Equipment Manufacturing [2]. IPO Details - Total shares to be issued: 40.1 million [3]. - Initial strategic placement: 8.02 million shares, accounting for 20% of the total issuance [3]. - Pricing method: The price will be determined through offline inquiry, with no cumulative bidding for offline subscriptions [3]. - Total shares before issuance: 360 million, expected to increase to 400.1 million post-issuance [3]. Financial Performance - Muxi Co. has not yet achieved profitability, with projected net losses of 777 million yuan, 871 million yuan, and 1.409 billion yuan for the years 2022 to 2024, respectively [4]. - For the first nine months of this year, the expected net loss is between 300 million yuan and 380 million yuan [4]. - Revenue growth from 426,400 yuan in 2022 to 740 million yuan in 2024, representing a compound annual growth rate of 4074.52% [5]. Fund Utilization - The funds raised will be allocated to projects including the development and industrialization of new high-performance general-purpose GPUs, next-generation AI inference GPUs, and high-performance GPU technology for emerging applications [4].

Group 1 - The core point of the article is that Inspur Electronic Information Industry Co., Ltd. has obtained a patent for a method, device, and medium related to "link layer discovery protocol configuration" [1] - The patent was granted with the announcement number CN 116389257 B, and the application date was April 2023 [1] - Inspur was established in 1998 and is located in Jinan, primarily engaged in the manufacturing of computers, communications, and other electronic devices [1] Group 2 - The registered capital of Inspur is approximately 1.47 billion RMB [1] - The company has invested in 37 enterprises and participated in 4,188 bidding projects [1] - Inspur holds 478 trademark records and 5,000 patent records, along with 13 administrative licenses [1]

Core Insights - Lenovo (Beijing) Co., Ltd. has obtained a patent for a "data processing method, device, equipment, and storage medium," with authorization announcement number CN 119420499 B, applied for on September 2024 [1] Company Overview - Lenovo (Beijing) Co., Ltd. was established in 1992 and is located in Beijing, primarily engaged in the manufacturing of computers, communications, and other electronic devices [1] - The company has a registered capital of 565 million HKD [1] - Lenovo (Beijing) Co., Ltd. has invested in 107 enterprises and participated in 5,000 bidding projects [1] - The company holds 1,751 trademark records and 5,000 patent records, along with 238 administrative licenses [1]

国家知识产权局信息显示，联想（北京）有限公司取得一项名为"一种工业产品的缺陷检测方法及系 统"的专利，授权公告号CN 114596303 B，申请日期为2022年3月。 本文源自：市场资讯 作者：情报员 天眼查资料显示，联想（北京）有限公司，成立于1992年，位于北京市，是一家以从事计算机、通信和 其他电子设备制造业为主的企业。企业注册资本565000万港元。通过天眼查大数据分析，联想（北京） 有限公司共对外投资了107家企业，参与招投标项目5000次，财产线索方面有商标信息1751条，专利信 息5000条，此外企业还拥有行政许可238个。 声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 ...

国家知识产权局信息显示，联想（北京）有限公司取得一项名为"一种检测装置、方法及电子设备"的专 利，授权公告号CN 114912094 B，申请日期为2021年2月。 天眼查资料显示，联想（北京）有限公司，成立于1992年，位于北京市，是一家以从事计算机、通信和 其他电子设备制造业为主的企业。企业注册资本565000万港元。通过天眼查大数据分析，联想（北京） 有限公司共对外投资了107家企业，参与招投标项目5000次，财产线索方面有商标信息1751条，专利信 息5000条，此外企业还拥有行政许可238个。 声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 本文源自：市场资讯 作者：情报员 ...

国家知识产权局信息显示，联想（北京）有限公司取得一项名为"一种锁紧装置和电子设备"的专利，授 权公告号CN 114756910 B，申请日期为2022年3月。 天眼查资料显示，联想（北京）有限公司，成立于1992年，位于北京市，是一家以从事计算机、通信和 其他电子设备制造业为主的企业。企业注册资本565000万港元。通过天眼查大数据分析，联想（北京） 有限公司共对外投资了107家企业，参与招投标项目5000次，财产线索方面有商标信息1751条，专利信 息5000条，此外企业还拥有行政许可238个。 声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 本文源自：市场资讯 作者：情报员 ...

Core Insights - Shenzhen Ancar Intelligent Technology Co., Ltd. has been established with a registered capital of 10 million RMB, fully owned by Shenzhen Ancar Intelligent Co., Ltd. [1] Company Overview - The legal representative of the company is He Xian Ning [1] - The company is classified under the manufacturing industry, specifically in the sector of computer, communication, and other electronic device manufacturing [1] - The registered address is located at 35th Floor, High-tech South No. 10 Road, High-tech Zone, Nanshan District, Shenzhen [1] Business Scope - The business scope includes general operations such as: - Manufacturing of communication equipment - Satellite communication services - Sales and manufacturing of satellite mobile communication terminals - Manufacturing of navigation terminals - Manufacturing of instruments and meters - Manufacturing of radar and supporting equipment - Information system integration services - Software sales and development - Import and export of goods and technology - Manufacturing and sales of intelligent unmanned aerial vehicles - Manufacturing and sales of intelligent vehicle-mounted equipment - Sales of automobiles and new energy vehicles [1] Licensing - The company has a licensed operation for ship modification, which requires approval from relevant authorities before commencement [1]