Core Viewpoint - Dongxin Co., Ltd. (688110.SH) announced a strategic investment in Shanghai Lishuan to enhance its integrated strategy of "storage, computing, and networking" and strengthen its core competitiveness, aiming to create more value for business development and shareholders [1] Investment Details - The total investment amount from all investors is approximately 500 million RMB [1] - Dongxin plans to invest about 210.53 million RMB from its own funds to increase its capital in Shanghai Lishuan, acquiring approximately 35.87% equity after the capital increase [1] Company Profile - Shanghai Lishuan primarily focuses on the research and design of multi-level (scalable) graphics rendering GPU chips, adhering to self-developed architectures [1] - The products are designed to achieve mainstream graphics rendering and AI acceleration across edge, cloud, and endpoint environments, aiming to address key issues of self-controllable complete GPU architecture in China [1]

Core Viewpoint - Dongxin Co., Ltd. (688110.SH) announced a strategic investment in Shanghai Lishuan to enhance its integrated strategy of "storage, computing, and networking" and strengthen its core competitiveness, aiming to create more value for business development and shareholders [1] Investment Details - The total investment amount from all investors is approximately 500 million RMB, with Dongxin contributing around 210.53 million RMB to increase its capital in Shanghai Lishuan [1] - After the capital increase, Dongxin will hold approximately 35.87% of the equity in Shanghai Lishuan [1] Company Profile - Shanghai Lishuan primarily focuses on the research and design of multi-level (scalable) graphic rendering GPU chips, adhering to self-developed architectures [1] - The products are capable of mainstream graphic rendering and AI acceleration across edge, cloud, and endpoint environments, aiming to address the critical issue of achieving a fully controllable domestic mainstream GPU architecture [1]

Core Viewpoint - Dongxin Co., Ltd. (688110.SH) announced significant fluctuations in stock trading due to media reports regarding its investment in Shanghai Lishuan, which recently launched its self-developed GPU chip "7G100" and the graphics card product Lisuan eXtreme [1] Investment Details - The company invested 200 million yuan in Shanghai Lishuan in 2024, acquiring a 37.88% stake, which is not included in the consolidated financial statements [1] - Shanghai Lishuan focuses on the research and design of scalable GPU chips for various applications, including personal computers, professional design, AI PCs, cloud gaming, cloud rendering, and digital twins, but not for large model computing clusters [1] Product Development Status - As of May 25, 2025, Shanghai Lishuan has completed the packaging of the first batch of G100 chips and has conducted major functionality tests [1] - The company is currently optimizing its products and plans to proceed with customer sampling and mass production, but it has not yet generated revenue, and the ability to achieve sales remains uncertain [1] Market Communication - Following a self-examination, the company found no other media reports or market rumors that could significantly impact its stock trading price [1]