北京商报讯（记者 马换换 王蔓蕾）根据安排，国产GPU厂商沐曦集成电路（上海）股份有限公司（以 下简称"沐曦股份"）科创板IPO将于10月24日迎来上会大考，届时公司能否获得上市委放行，答案也将 揭晓。 值得一提的是，在此之前，同为国产GPU企业的摩尔线程科创板IPO已于今年9月26日上会获得通过， 并于同日提交注册。 本次冲击上市，沐曦股份拟募集资金约39.04亿元，扣除发行费用后将用于投资新型高性能通用GPU研 发及产业化项目、新一代人工智能推理GPU研发及产业化项目、面向前沿领域及新兴应用场景的高性能 GPU技术研发项目。 据了解，沐曦股份致力于自主研发全栈高性能GPU芯片及计算平台，主营业务是研发、设计和销售应用 于人工智能训练和推理、通用计算与图形渲染领域的全栈GPU产品，并围绕GPU芯片提供配套的软件栈 与计算平台。公司IPO于2025年6月30日获得受理，当年7月19日进入问询阶段。 ...

Core Viewpoint - Muxi Integrated Circuit (Shanghai) Co., Ltd. has received acceptance for its IPO on the Sci-Tech Innovation Board, aiming to raise 3.904 billion yuan for the development of high-performance GPU chips and related technologies [2]. Company Overview - Muxi was established in September 2020, focusing on the research, design, and sales of full-stack high-performance GPU products for artificial intelligence training, inference, general computing, and graphics rendering [2]. - The company also provides a software stack and computing platform to support its GPU chips [2]. IPO Details - The IPO aims to raise a total of 3.904 billion yuan, with allocations as follows: - 2.459 billion yuan for the development and industrialization of new high-performance general-purpose GPUs - 450 million yuan for the development and industrialization of next-generation AI inference GPUs - 991 million yuan for high-performance GPU technology research aimed at frontier fields and emerging application scenarios [2][3]. Financial Performance - Muxi's revenue from 2022 to Q1 2025 is as follows: - 2022: 426,400 yuan - 2023: 53.02 million yuan - 2024: 743 million yuan - Q1 2025: 320 million yuan - The net losses for the same periods are: - 2022: 77.7 million yuan - 2023: 871.1 million yuan - 2024: 1.409 billion yuan - Q1 2025: 233 million yuan - The company has not yet achieved profitability [3][4]. Shareholding Structure - The founder, Chen Weiliang, controls 22.94% of the voting rights through direct and indirect holdings, making him the actual controller of the company [4]. - Other co-founders, Peng Li and Yang Jian, hold indirect stakes of 1.06% each [4]. Key Personnel - Chen Weiliang, Chairman and General Manager, has a background in GPU design and has held senior positions in various technology companies [6]. - Peng Li, Vice Chairman and CTO, has extensive experience in engineering and technology management [6]. - Yang Jian, Vice Chairman and CTO, has a strong academic and professional background in electronics and GPU technology [7]. Compensation - In 2024, the compensation for key executives is as follows: - Chen Weiliang: 2.8181 million yuan - Peng Li: 2.3565 million yuan - Yang Jian: 2.2619 million yuan [8].

Core Viewpoint - Muxi Integrated Circuit (Shanghai) Co., Ltd. has submitted its IPO application to the Shanghai Stock Exchange's Sci-Tech Innovation Board, aiming to raise approximately 3.9 billion yuan by issuing no more than 40.1 million shares [2][3]. Group 1: Company Overview - Muxi Integrated Circuit was established in September 2020, focusing on the research, design, and sales of full-stack GPU products for artificial intelligence training, inference, general computing, and graphics rendering [6]. - The company claims to be one of the few domestic suppliers to achieve large-scale commercial applications of GPU clusters, currently supporting the full pre-training of models like the 128B MoE [6]. Group 2: Financial Performance - Muxi Integrated Circuit has not yet achieved profitability, with net losses of 777 million yuan, 871 million yuan, 1.409 billion yuan, and 233 million yuan for the years 2022, 2023, 2024, and the first quarter of 2025, respectively [11][12]. - The company's revenue has shown rapid growth, with figures of 426,400 yuan, 53.02 million yuan, 743 million yuan, and 320 million yuan for the same periods [11][12]. - The total assets of the company reached approximately 1.046 billion yuan as of March 31, 2025, with a debt ratio of 8.3% [12]. Group 3: Investment and Shareholding Structure - The company has attracted investments from several well-known institutions, including state-owned funds like Shanghai Sci-Tech Fund and Guotiao Fund, as well as venture capital firms such as Sequoia China and Matrix Partners [4][6]. - The actual controller of the company, Chen Weiliang, holds a combined 22.94% stake through his entities, while notable investor Ge Weidong and his Chaos Investment hold 7.48% [6][8]. - The shareholding structure includes significant stakes from various investors, with a total of 44.83% held by the top ten shareholders [8]. Group 4: Future Plans - The funds raised from the IPO will be allocated to the development and industrialization of new high-performance general-purpose GPUs, next-generation AI inference GPUs, and GPU technology projects targeting emerging applications [14].