Core Viewpoint - Jiangyuan Technology has successfully developed a closed-loop for domestic AI chips with the launch of the D20 series, marking a significant breakthrough in the Chinese semiconductor industry, which has been dominated by international giants like NVIDIA [2][12]. Group 1: Background and Motivation - The U.S. export control measures in October 2022 pushed the Chinese semiconductor industry into a corner, emphasizing the need for self-sufficiency in high-performance chip design and manufacturing [3]. - The founding team of Jiangyuan Technology, led by CEO Li Ying, aimed to create high-performance AI chips with a focus on a fully domestic supply chain and independent design [3][5]. Group 2: Challenges and Solutions - Initial funding of 100 million yuan was insufficient for advanced AI chip development, leading to a cash flow crisis where the company could only sustain operations for three months [8]. - The team faced skepticism from investors regarding the maturity of domestic processes and the ability to compete with NVIDIA's ecosystem, prompting a strategic pivot to highlight the core value of supply chain security [8][9]. Group 3: Breakthroughs and Achievements - The first batch of chips based on domestic advanced processes was successfully tested, marking a pivotal moment for the company [11]. - The D10 chip, measuring over 500 square millimeters, was officially mass-produced in early 2025, featuring LPDDR5 memory and supporting various precision calculations, thus enhancing the IP ecosystem [12][14]. Group 4: Market Strategy and Expansion - Jiangyuan Technology adopted a dual approach of hardware and software collaboration to penetrate the market, launching the "Pinyuan AI Integrated Machine" to facilitate immediate usability [14]. - The D20 series, launched in November 2025, features fully domestically designed and manufactured components, supporting large-scale AI model deployments and achieving significant performance improvements over the D10 [16][18]. Group 5: Future Outlook - Jiangyuan Technology aims to continue its growth trajectory by expanding its product matrix and enhancing its technological capabilities, with plans for the flagship T800 chip targeting performance beyond 6nm [14][21]. - The company is committed to building a robust ecosystem for AI technology in China, contributing to the development of the digital economy and high-quality growth in the Greater Bay Area [21].