Core Insights - Chaojuvian Digital Technology Co., Ltd. is preparing for an IPO, indicated by recent job postings for financial experts in IPO operations [1] - The company has initiated a large-scale stock allocation for core employees, likely to stabilize talent post-IPO [1] - Founded in 2021, Chaojuvian was spun off from Huawei's X86 server business due to U.S. sanctions and is now state-owned [1] Company Overview - Chaojuvian focuses on computing infrastructure and services, offering products such as servers, operating systems, large model acceleration engines, hyper-converged solutions, and high-performance computing solutions [1] - The company has established 10 R&D centers, 6 supply centers, and 6 global technical service centers, serving over 10,000 clients in more than 100 countries [1] Financial Performance - Chaojuvian aims to achieve sales revenue exceeding 30 billion in 2024, targeting 40 billion [2] - The company holds the second position in the Chinese server market and leads the AI server market [2] - The overseas market has seen a compound annual growth rate of over 50% over the past three years, with internet revenue increasing tenfold and operator revenue tripling [2]