Core Viewpoint - The launch event of the domestic GPU company Lishuan Technology showcased its new GPU series 7G105 and 7G106, aiming to break the skepticism surrounding its capabilities and establish itself in the competitive GPU market [1][48]. Group 1: Company Background and Development - Lishuan Technology's CEO, Xuan, has over 30 years of experience in chip design, with more than 20 years focused on GPU design, emphasizing the strength of the team and the extensive preparation that led to the successful launch [2][4][6]. - The company faced numerous challenges over the past three years, including economic downturns and regulatory restrictions, but successfully completed the chip's tape-out on May 24, 2023, marking a significant milestone [6][7][11]. Group 2: Product Specifications - The 7G105 and 7G106 GPUs are part of the eXtreme series, with specifications including a maximum of 192 GP/s for fill rate, 384 GT/s for texture fill rate, and 24 TFLOPS for FP32 computation, supporting PCIE4.0 and 16-way virtualization [18][21]. - The consumer version, 7G106, features a reduced memory from 24G to 12G while maintaining other specifications, and supports various software environments such as DX12 and Vulkan [22]. Group 3: Performance Demonstration - During the event, benchmark tests showed the 7G series performing between RTX 5060 and RTX 4060, with GeekBench scores reaching 111290 [27][29]. - The GPUs demonstrated strong performance in gaming scenarios, achieving over 70 frames per second at 1080P and maintaining smooth performance in 4K settings [34][38]. Group 4: Market Position and Future Plans - Lishuan Technology aims to fill the gap in the domestic high-performance GPU market, which has been lacking in competitive products, and plans to begin mass production in September 2023 [44][48]. - The company has attracted significant investment, with Dongxin Co. becoming a major shareholder, indicating strong interest from state-owned and local government funds for future financing [46][47].