Group 1 - The core viewpoint of the news is that Zhongxing Micro Technology Co., Ltd. has initiated the listing guidance process to aim for the Sci-Tech Innovation Board, with China Galaxy Securities as the advisory institution [1] - Zhongxing Micro was established on April 3, 2007, with a registered capital of 566 million yuan, located in Zhuhai, Guangdong Province [1] - The company is recognized for its leading AI chip design technology and next-generation AI vision technology, providing intelligent industry applications and solutions across various sectors including public safety, smart energy, and industrial IoT [1] Group 2 - The company has developed the XPU series of multi-core heterogeneous AI processors, which are widely used in fields such as public safety, smart transportation, and robotics [1] - The "Xingguang Intelligent No. 5" chip, released on April 30 this year, supports the operation of a general model with 16 billion parameters and can run visual models simultaneously, enabling the creation of localized intelligent agents [1] - The core technology of Zhongxing Micro originates from the "Xingguang China Chip Project," initiated in 1999 by academician Deng Zhonghan, which took over a decade to develop the "Xingguang" series of chips with complete independent intellectual property rights [2]

Core Viewpoint - Zhongxing Micro Technology Co., Ltd. has submitted an application for initial public offering (IPO) and listing on the Sci-Tech Innovation Board, with the application accepted by the Guangdong Securities Regulatory Bureau on August 8, 2025, and the counseling institution being Galaxy Securities [1] Group 1: IPO Application and Counseling - The counseling agreement between Zhongxing Micro Technology and Galaxy Securities was signed on July 30, 2025 [3] - Other participating service institutions include Beijing Zhonglun Law Firm and Lixin Certified Public Accountants [3] - Zhongxing Micro Technology previously applied for an IPO in 2018 but withdrew its application in December 2020 due to business development plans [4] Group 2: Company Background and Financials - Zhongxing Micro Technology, established in 2007, specializes in AI chip design technology and provides solutions in various sectors including public safety and smart energy [4] - In 2019, the company reported revenue of 1.994 billion yuan and a net profit of 225.7 million yuan [5] - The company's major shareholder is Duilong Zhongxing Micro Management Consulting Co., Ltd., holding a 20.24% stake [7]

Group 1 - The core viewpoint of the article is the launch of the new AI chip "Xingguang Intelligent No. 5" by Zhongxingwei, which successfully runs the DeepSeek 16B large model [1] - The chip utilizes a self-developed general-purpose multi-core heterogeneous GP-XPU architecture, significantly enhancing operational efficiency and security [1] - The chip supports functionalities such as video detection and natural language processing, making it applicable in smart transportation and smart agriculture sectors, thereby promoting intelligent upgrades and reducing reliance on cloud computing power [1]